1.1) Describe a significant trade-off that you recently faced and give an example of some action that has either monetary or nonmonetary opportunity cost
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- solve this question early now.but correctly explainSolve this early but correctly explainWhen video game marketers were investigated for allegedly raising prices excessively during the Eid al-Fitr buying season and thereby manipulating the supply of games available at that time, this was an ethical issue concerned primarily with: a.Communications. b.Social responsibility. c.Conflict of interest. d.Cost control.
- Which of the following are examples of common behavioral errors in decision making (multiple correct answers; check all that apply). A. Always paying more than true willingness to pay. B. Letting unrecoverable sunk costs influence ongoing decisions for when such costs have no bearing on benefits and costs going forward. C. Making different decisions when an identical problem is framed in two different ways, especially when one is framed in terms of gains and the other in terms of losses. D. Always saving too little. E. Generally spending too little on high-quality, high-priced items. F. Settling on a default alternative in the face of a difficult or complex decision G. Considering the average cost and average benefit, instead of the marginal cost and marginal benefit, When choosing whether a little more or less should be bought or produced.Whether a certain criterion is determinant or not is independent of the situation in which a product is consumed. True False In the context of disposing of consumer refuse, recycling cuts down on garbage while providing raw materials for other new products. True False Which of the following is a fundamental emotion evoked by positive, anticipatory appraisals that signal uncertainty about a positive outcome? a. Hope b. Confusion c. Surprise d. Pride Which of the following best describes chronic, repetitive purchasing behaviors that are in response to negative events or feelings? a. Addictive consumption b. Impulsive purchasing c. Window shopping d. Compulsive buying Retaliatory revenge is when a consumer yells insults and makes a public scene in an effort to harm the business. True FalsePlease do this problem step-by-step so I can make sure I did this problem right.
- Q) Choose correct option and explain it. But not copy-paste any thing. Own explanation givesCase Study 1: Nancy is leading a Scrum project for her organization. The project is to create new software for the Accounting Department. She is meeting with Tom, the director for the accounting department and the project team members to discuss the requirements of the project. Tom, Nancy, and the project team have identified all the requirements that Tom would like the app to have, but now Nancy wants to organize the list of requirements in a prioritized view. Based on this scenario,What role does Tom play?What can the scrum team do to help Nancy and Tom at this point of the project?What is the list of requirements called?Who should be prioritizing the list of requirements in this scenario?Case Study 2: Jason is a project manager for his organization, and he’s been asked to lead an XP project. This project will create a new app to rate restaurants in an area based on how romantic the restaurant is for couples on dates. Jason is meeting with his organization’s client, Sara, to discuss…d) Another classmate cares more about good grades: She gets 50 units of happiness for a B and 80 units of happiness for an A. If this classmate were your partner (but your preferences remained the same), how would your answers to parts (a) and (b) change? Which of the two classmates would you prefer as a partner? Would she also want you as a partner?
- 1. Average 1/2 Attempts 2. Determining opportunity cost Juanita is deciding whether to buy a dress that she wants, as well as where to buy it. Three stores carry the same dress, but it is more convenient for Juanita to get to some stores than others. For example, she can go to her local store, Discounted price located 15 minutes away from where she works, and pay a Marked-up price marked-up price of $103 for the dress: Juanita's office Original price Travel Time Each Way Price of a Dress Store (Minutes) (Dollars per dress) Local Department Store 15 103 Across Town 30 87 Neighboring City 60 64 Juanita makes $16 an hour at work. She has to take time off work to purchase her dress, so each hour away from work costs her $16 in lost income. Assume that returning to work takes Juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. As you answer the following questions, Ignore the cost of gasoline and depreciation of her car when traveling. Complete…Don and Melinda are each allocated 10 apples. Initially, Don's marginal worth for an apple is $0.75, while Melinda's marginal worth is $1.00. If transaction costs are $0.30 per apple: Don and Melinda will trade, with Don ending up with fewer than 10 apples and Melinda with more than 10 apples. (B) Don and Melinda will trade until Don's marginal worth for an apple equals Melinda's marginal worth for an apple. Both (a) and (b). Don and Melinda will not trade.* MindTap - Cengage Learning x MindTap - Cengage Leaning x MindTap-Cengage Leaming x ampus x Course Modules FCON 102 1 X to https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentld=598281236560221612301640424&elSBN=9780357133606&id=13800874548snap. Q Search t CENGAGE MINDTAP News Analysis: Border Security Tradeoffs The blue curve on the following graph shows the tradeoff between security and tourism; that is, combinations of security and tourism ols above the blue curve are not possible, and those on or below the curve are possible. The vertical axis measures security, defined as the probability that a terrorist is intercepted before entering the country. The horizontal axis measures the number of yearly visitors to the United States, in millions. Suppose that before 9/11, there were 55 million visitors per year, and the probability of intercepting any particular terrorist at customs and immigration was 10%, as indicated by the purple point (diamond symbol). After the 9/11…
