Select the hidden trap which best fits with the scenario described below: Itamar Simonson and Amos Tversky documented an experiment with microwave ovens where they described how consumers make their choice of which microwave oven to buy. In the beginning of this experiment, consumers were offered two different microwaves, specifically an Emerson and a Panasonic, priced at $109.99 and $179.99, respectively; both with 35% retail price discount. As a result, 57% of consumers selected the lower priced Emerson microwave. Then, a third Panasonic microwave was offered at $199.99 which reflected only a 10% retail price discount. The experiment showed that after adding a higher-cost microwave, 60% of the consumers chose the Panasonic microwave that cost $179.99, while only 27% of consumers selected the cheapest Emerson microwave at $109.99 (Levine, 2003, p. 104). a. Sunk Cost
b. Anchoring
c. Status quo
d. Overconfidence
e. None of the above

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?

Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk

Peyton taylor drew a map with scale 1 cm to 10 miles. on his map, the distance between silver city and golden canyon is 3.75 cm. what is the actual distance between silver city and golden canyon?