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2 years ago

The economic survey 2018 suggest that the psychological biases

Business

1 answer:

lilavasa [31]2 years ago

3 0

Answer: (a) Legal and social dimension

Explanation:

The Legal dimension of the business environment deals with laws and regulations governing the business environment. Tax compliance will therefore fall under this dimension.

The social dimension includes social structures like culture, tradition and the like. Using religious norms will therefore fall under here as religion falls under social structures.

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He trial-and-error method of solving problems is also known as ______________.

hram777 [196]

I believe the answer would be the mechanical solution.

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3 years ago

Nathan has been unable to trust banks since the failure of his savings and loan bank. He claims that storing his hard-earned mon

Lerok [7]

Answer:

Nathan's contention is wrong.

Explanation:

Storage of money at home involves the opportunity cost of losing out on income that would've been generated had the same money been invested elsewhere or deposited with a bank.

Secondly, money stored at home is vulnerable to theft and other forms of risks.

Thirdly, stored money at home does not contribute to any economic benefit since such money is out of circular flow of money in the economy. So it yields no return.

Thus, Nathan's contention of stored money at home being costless is wrong.

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2 years ago

Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i

Darina [25.2K]

Answer: Inelastic demand

Explanation:

When new restaurants have opened in College town in recent years, the supply for restaurant meals increase. This will lead to a rightward shift in the supply curve for restaurant meals leading to a fall in the price and an increase in the quantity. The fall in price will be larger the more inelastic demand is. When demand is more elastic then a fall in price will be less when supply increases.

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2 years ago

The cover letter should _____. a. be a minimum of two pages in length b. never ask for an interview c. introduce you to an emplo

eimsori [14]

✧･ﾟ: *✧･ﾟ:* *:･ﾟ✧*:･ﾟ✧

Hello!

✧･ﾟ: *✧･ﾟ:* *:･ﾟ✧*:･ﾟ✧

❖ The cover letter should c. introduce you to an employer.

~ ʜᴏᴘᴇ ᴛʜɪꜱ ʜᴇʟᴘꜱ! :) ♡

~ ᴄʟᴏᴜᴛᴀɴꜱᴡᴇʀꜱ

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2 years ago

Read 2 more answers

Big Trail Running Company has started to produce running apparel in addition to the trail running shoes that they have manufactu

Andrew [12]

Answer:

Option (C) is correct.

Explanation:

For Machining department,

Manufacturing overhead rate:

= Estimated Overhead cost ÷ Amount of allocation base

= [$1,000,000 ÷ (130,000 + 70,000) machine hours]

= $1,000,000 ÷ 200,000 machine hours

= $5.00 per machine hour

For Finishing department,

Manufacturing overhead rate:

= Estimated Overhead cost ÷ Amount of allocation base

= [$100,000 ÷ (9,000 + 71,000) direct labor hours]

= $100,000 ÷ 80,000 direct labor hours

= $1.25 per labor hour

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2 years ago