According to research in the area of behavioral finance, the average risk-averse investor perceives his or her gains and losses differently; that is, the utility derived from a $1,000 gain is not equal to the disutility associated with a $1,000 loss. According to this research, risk-averse investors dislike or fear losses more than they enjoy gains.
True or False?

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

the social-cultural environment a firm operates in is constantly changing, and having a significant impact on marketing strategies. the change is so rapid and immense that some firms have created a new position in the organization to handle this change. which title best describes the new position described in the scenario?

Marc, a single taxpayer, earns $100,000 in taxable income and $10,000 in interest from an investment in city of birmingham bonds. using the u.s. tax rate schedule for year 2017, what is his average tax rate