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liq [111]
2 years ago
8

Everyday fresh is a retail outlet that sells its products at a discounted rate. it expands its product base to a new division th

at primarily sells stationery. jason buys a set of pencils and erasers and assumes that these products must have a discount too. this kind of reasoning is said to be ______. analogical reasoning deductive reasoning parallel thinking means-end analysis
Business
2 answers:
Goryan [66]2 years ago
8 0

He is following the Deductive Reasoning. In simple words, Deductive Reasoning is the process of reasoning or thinking from one or more characteristics of someone or something to reach at a conclusion about them.  

Like in this example, Everyday Fresh company sells its products at a discounted price, so it is very logical to think for someone that if the company opens up its new product base, that would also be at the discounted price.

So when Jason bought a set of pencils and eraser of Everyday Fresh company, he thinks that this would also be given on a discounted rate. This logical thinking is called as Deductive Reasoning.

otez555 [7]2 years ago
7 0
This kind of reasoning is said to be DEDUCTIVE REASONING.
Deductive reasoning is the process of reasoning based on multiple premises that are generally believed to be true. Deductive reasoning usually moves from the general to the specific. For instance, in the question given above, Jason reasoned that if other products are sold at discounted prices, then the items that are newly available will also be sold at discounted prices. 
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g The following facts are known: • The total pounds needed for production are 2 times the units to be produced. • The desired en
OLEGan [10]

Answer and Explanation:

The Preparation of direct material budget is shown below:-

                      Direct Material budget  

Particulars                            Amount              

Units to be produced          $90,000   Y

Material per unit                      2  

Total pounds needed for

production M                    $180,000 2Y

Add: Desired ending Direct

Material Inventory 20%    $36,000 (.2 × 2Y = .4Y)

Total Material requirement $216,000 (2.4Y )

Less: beginning Raw material

Inventory                             $9,000  (.1Y)

Material to be purchased

Account                             $207,000 (2.3Y)

Cost per pound C               $5

Total cost of direct Material

Purchases A                        $1,035,000  

2Y + .4Y - .1Y = $207,000

Y = $207,000 ÷ 2.3               $90,000

8 0
2 years ago
Consider the relationship between monopoly pricing and price elasticity of demand. If demand is inelastic and a monopolist raise
strojnjashka [21]

Answer:

itll be 10

Explanation:

because on how itll show for the energy on demand

4 0
2 years ago
"An individual is unique and does not speak for or represent anything other than themselves." This statement is an argument agai
sammy [17]

Answer:

C: stereotypes

Explanation:

4 0
2 years ago
Q#2 (Chapter 9). A diversified company has decided to use its overall firm WACC as a performance benchmark for rating its divisi
labwork [276]

Answer:

Pros: Use of singe hurdle rate saves time in the evaluation of projects which results in prompt decision making.

Cons: Company may reject good projects and accept bad ones due to the assumptions underlying WACC use in capital budgeting.

Explanation:

Pros of using WACC: The use of WACC implies that the company  uses a single hurdle rate  for all projects, which simplifies the decision making and saves  time when evaluating projects

Cons of using WACC: Use of WACC assumes that  there is no change in capital structure i.e all projects are financed in exactly the same way and all projects have the same risk . These assumptions  may lead to the company rejecting good projects  and accepting bad ones. For example the company may accept a high risk project with a return of 14% when the minimum return that should be accepted according to the high risk divisional WACC is 16%. Likewise, the company may reject a low risk project with a return of 11%, when it is in fact a good project whose minimum return should be 8% as per the low risk divisional WACC.

7 0
2 years ago
Your mortgage is a 30-year fixed at 8% on $150,000. You are considering refinancing at 3.5% fixed for 30 years. The bank charges
Ilya [14]

Answer:

Option A,4 months

Explanation:

Closing fees =1.5% of the mortgage

mortgage amount is $150,000

closing fees =$150,000*1.5%=$2250

The mortgage monthly payment can be computed using the pmt formula in excel as follows:

=pmt(rate,nper,-pv,fv)

rate is the rate per month which is 3.5%/12=0.002916667

nper is 30 years multiplied by 12 =360

pv is the amount of mortgage which is $150,000

fv is the sum of the interest on mortgage and mortgage amount which is unknown

=pmt(0.002916667 ,360,-150000,0)= 673.57  

the final answer=closing fees/monthly payment=$2250 /$673.57  = 3.34  months

The closest option is 4 months

8 0
2 years ago
Read 2 more answers
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