In rain man, dustin hoffman's character performs mind-boggling feats of mathematical calculations, yet cannot perform the simplest of tasks such as determining how much change he would receive when buying a candy bar. this illustrates:

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Answer 1

In the characteristic shown by Dustin Hoffman in the movie of Rain man, he is likely to be featuring or having savant syndrome. This enables a person to perform activities that are more exceeding to a normal or average person that are more profound but they are likely to have deficits in areas of their brain when processing such example is making simple tasks.

Answer 2
Final answer:

Dustin Hoffman's character in Rain Man exhibits extraordinary calculation skills but can't judge simple financial transactions due to mental accounting, a psychological concept where individuals value money differently based on context.

Explanation:

In the film Rain Man, Dustin Hoffman's character displays remarkable mathematical calculations abilities yet struggles with basic tasks such as determining change for a candy bar. This scenario illustrates a concept within cognitive psychology and behavioral economics known as mental accounting. Mental accounting refers to the propensity of individuals to allocate money in separate categories in their minds, influencing how they value and spend these dollars differently based on the category or context. While economists view money as fungible, meaning all dollars have equal value, mental accounting exemplifies how people subjectively assign different values to money based on how it was obtained (like comparing found money to earned money), or the intended use.



For instance, a person may consider $25 found on the street as disposable mad money, whereas the same amount earned through hours of work may be valued differently, leading to more thoughtful spending. The complex nature of human behavior often overlooks the purely rational economizer model and takes into account context, subjective value, and psychological factors that impact financial decisions. This observation can also extend to broader concepts like budgeting, where individuals do not always adhere to strict precision but operate with a degree of flexibility, understanding that expenses can vary month to month.


Related Questions

Melissa jones just launched a firm in the wireless communications industry. shortly after the company was launched, melissa announced that a prominent silicon valley venture capitalist had agreed to serve on her board of directors. melissa knows that such a high quality appointment will send an important message to her potential business partners and clientele. this phenomenon is referred to as ________.

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Answer:

The correct answer is "signaling".

Explanation:

Such a high-quality appointment is intended to send an important message to potential business partners and customers. This phenomenon is known as signaling, which refers to the activities or investments that business managers make in order to inform that they possess attributes or to convince others about a particular specific information or important fact.

Have a nice day!

Jon says to kristy, "i would like to sell you my sports memorabilia collec-tion." this is not an offer because it

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Because in business, an offer is a proposition of a seller to provide something to a particular buyer with specific conditions. SInce there are no conditions and any desirable value for the buyer in the scenario, this is not considered an offer yet. 

The insured dies and the benefits of the policy are paid to the beneficiary over a stipulated period of time. this is called the ___________ settlement option.

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This is called the death benefit

Monique has a balance of $5440 on a credit card with an apr of 17.7%. paying off her balance in which of these lengths of time will result in her paying the least amount of interest?

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$1,136.61 a month for 5 months 
1136.61 * 5 - 5440 = $243.05 in interest 

A sort of credit facility offered by banks is a credit card, which enables users to borrow money up to a pre-approved credit limit. Hence the amount of interest is $ $243.05.

What is Credit Card ?

Your credit scores likely increase as a result of lowering your credit use ratio. Your credit utilization ratio—the proportion of your credit card balances to credit limits—will decrease if you pay more than the minimum. (Your credit score as a whole is based in part on your credit utilization percentage.)

The card issuer will notify you of your balance, the minimum payment required, and the due date for that payment at the conclusion of each monthly billing cycle. You'll maintain excellent standing by making at least the minimum payment and doing it promptly. Customers can use it to transact in the purchase of goods and services.

Computation of Interest

Given

Balance = $ 5,440

APR = 17.7%

[tex]$1,136.61 a month\\ for 5 months \\1136.61 * 5 - 5440 = $243.05[/tex]

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Individuals who are working part-time but would prefer to be working full-time are defined as

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Hey there,
The answer to your question is underemployed workers 

Hope this helps :))

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The point of a fluctuation at which an economy turns from a recession to an expansion is called a ________.

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The answer is trough. In economics, it is a low decision point or a local minimum of a business cycle. The time fruition of many variables of economics display a wave like performance with local maxima or also known as peaks subsequent to local minima or troughs. A business cycle may be demarcated as the period between two successive peaks.

To construct the consumer price index, the bureau of labor statistics must:

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find out what people buy and then proceed to survey how the prices of those items change 

What is an advantage of having an organization's data resources organized into a database?

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Updating a database is easier than updating individual files

It is simpler to update a database than to update individual files is an advantage of having an organization's data resources organized into a database.

What is organization's data resources?

Data Resources outline what details should be fetched for each element on a page. Using data resources, data fetching is isolated from hard-coded component configuration. When data is dynamically fetched, components can be reused between pages and experiences as long as the user and the experience have access to the data.

Organizational data describes the fundamental characteristics, internal workings, and behavior of corporate actors under varied social and economic conditions.

Every technological system utilizes seven major types of resources: people, information, materials, tools and machines, energy, capital, time, and others. There are a limited number of resources left on the planet, therefore we must use them wisely.

Thus, It is simpler to update a database than to update individual files.

For more information about organization's data resources,  click here:

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#SPJ2

When writing a persuasive message that may encounter resistance, usean indirect approach. in the opening of your message, use theattention strategy?

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If your question is the TRUE/FALSE type, both claims are true. Indirect approach (that is, not tackling the point directly, but carefully choosing a way to start with something appealing and slowly arriving at the point) is most often used with persuasive messages. For example, if I want to persuade you to do something (e.g. buy my product), I know for sure that nobody likes to be sold to. So, I need to find my way around this obstacle - to pitch you an idea that sounds appealing and not salesy. And of course, in the opening of my message, I will use the attention strategy or a "hook" - that is, find an angle that sounds compelling, interesting, and that strikes right at the core of what you want.

Yvon asks zach, "do you want to buy one of my fishing rods?" under common law this is

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Under common law, Yvon offering one of her fishing rods for sale is defined as an 'Invitation to Treat'. Yvon has made her offer to sell the rod, and is inciting a discussion with Zach as to the terms of sale. This only becomes a contract once a price is negotiated and agreed upon.

What disadvantages of an economy based on a single cash crop?

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Well, if that cash crop dies out, so will the economy. It would lead to a huge decrease.

The ​state and performance of a raid-z volume can be viewed using what two commands?

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The two commands are;
"zpool status and zpool isotat -v commands."
If there is a single disk failure, to protect that failure a Raid-z volume needs a minimum of three hard disks.
And if there is a multi disk failure, to protect that multi disk failure a Raid-z volume needs a minimum of seven hard disks.

Assume a person saves $62 a month by using coupons and doing comparison shopping.
a. what is the amount of annual savings? annual savings amount $
b. what would be the future value of this annual amount over 10 years, assuming an interest rate of 4 percent

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a) Annual savings would be $62 * 12 = $744
   
b) Future value of the first year savings over 10 years would be = $ 744 * (1 + 0.04)^10 = $1101.30. However, if the person adds $744 every year to the compound interest, the total saving should be around $10,391.15.

Final answer:

The annual savings from saving $62 a month is $744. The future value of these savings over 10 years at a 4% interest rate is $8,928.47.

Explanation:

To calculate the annual savings from saving $62 a month, we multiply that amount by 12, the number of months in a year:

$62/month × 12 months/year = $744/year

To calculate the future value of these annual savings over 10 years at an interest rate of 4%, we use the future value formula for an annuity:

Future Value = P × [((1 + r)^n - 1) / r]

Where:

P = annual payment ($744)

r = annual interest rate (4%, or 0.04)

n = number of periods (10 years)

Insert the values into the formula:

P×[((1+0.04)^10 - 1) / 0.04]

Calculate the future value:

$744 × [((1.04)^10 - 1) / 0.04]

$744 × [(1.48024 - 1) / 0.04]

$744 × [0.48024 / 0.04]

$744 × 12.006 = $8,928.47

So, the future value of the annual savings over 10 years at a 4% interest rate is $8,928.47.

Sodium restriction is difficult to implement on a long-term basis because

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because many patients find the diet unpalatable .

Identify criteria you can use when choosing an investment. Which of the criteria is most important to you? Why?

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Answer:

In Step 1, you identified what you want your students to know and be able to do. In Step 2, you selected a task (or tasks) students would perform or produce to demonstrate that they have met the standard from Step 1. For Step 3, you want to ask "What does good performance on this task look like?" or "How will I know they have done a good job on this task?" In answering those questions you will be identifying the criteria for good performance on that task. You will use those criteria to evaluate how well students completed the task and, thus, how well they have met the standard or standards.

Explanation:

_____ the project includes work required to introduce any new hardware, software, and procedures into normal operations.

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Final answer:

The project includes work to integrate an IT system within an organization, requiring careful planning, training, and revisions of operational procedures to minimize user resistance and ensure a smooth transition.

Explanation:

When introducing new hardware, software, and procedures into normal operations, the project includes work required to ensure that the IT system is accepted and utilized within the organization, and that it integrates well with existing organizational processes and practices.

Implementing such changes necessitates careful planning to minimize resistance from future users. This includes providing instrumental support such as training programs for employees to familiarize them with the new systems and updating operational procedures to reflect the changes made.

Moreover, it's important to consider the management of change procedures when existing processes are altered, ensuring that all modifications are documented, and that P&IDs, operating procedures, and training are updated accordingly.

The extent of the change can vary significantly, from a simple software update to a comprehensive system overhaul, such as the adoption of an ERP system, which can have profound effects on how business is conducted.

Several studies have found that approximately 80% of cases of lung cancer are due to cigarette smoking. this measure is an example of:

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an attributable risk

Explain the biggest limitation resource based view has in explaining successful companies

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Resource based view measures companies success based on the resources owned by the company, which are tangible in nature. where as both tangible and intangible resources plays a critical role in a company's success. For efficient utilization of the resources, strategic resources plays a critical role which drives companies success. Neglecting intangible resources is a biggest limitation of resource based view.

An economy in which a central authority draws up a plan that establishes what will be produced and​ when, sets production​ goals, and makes rules for distribution is a
a. ​laissez-faire economy.
b. command economy.
c. ​public-goods economy.
d. ​free-market economy.

Answers

A laissez-faire economy is one where there is no interference within the government, so that's not correct.

There's no such thing as a public-goods economy (according to google at least), but public goods are things that the government provides for the most part. It's accessible by everyone.

A free-market economy is where the government has little to no control, similar to a ​laissez-faire economy, so that's not right.

Your question is literally the definition of a command economy, so that's right!

How are students chosen for work-study programs? first-come, first-served those in the most financial need by qualifying with specific skills by matching jobs to specific courses of study

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Answer:

qualifying with specific skills

Explanation:

Federal work-study programs provide part time work to the undergraduate and graduate student which are financially weak. It allows the to earn money so that they can pay education expenses.

This program encourages work closely related to the students course of study and community service. It is also available for the professional students.

It is a available in Part time and full time. The job offered under Federal work study programs are both on and off campus. The off campus work is mostly related to nonprofit private organisations. If you are working on campus then you are working for your school.

To qualify for Federal Work-study award, a student should fill the application and must meet the eligibility requirements.  It is offered on first come first serve basis.

The nissan automobile assembly plant in tennessee is an example of foreign direct investment in the united states.
a. True
b. False

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The answer is False

True or false: shopping ads can appear at the same time as text ads, allowing shoppers to find the best match before clicking through to make a purchase.

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The answer in the statement above is true. It is because the shopping ads that they provide has the ability of having to provide the text ads in the same time in which is beneficial towards its shoppers because not only they will know about the product but they find the best match for the product that they would like to purchase.

According to the yerkes-dodson law, when is the most efficient time for carl to mow the lawn?

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According to the Yerkes-Dodson Law, as arousal increases, then performance also increases. So most likely, the best time to mow the lawn would be in the morning after breakfast because this is the time where one would have the most energy and would want to get work done. 

The right time for carl mowing the lawn is at 7-11 in the morning.

Further explanation

Yerkes-Dodson's Law the relationship between performance and motivation

Yerkes-Dodson's Law determines that performance increases with physiological or mental stimulation, but only to a certain extent. When the excitation level becomes too high, performance decreases. According to this law, the best way to increase motivation and performance is to work with objective tasks that allow us to be vigilant.

The way the Yerkes-Dodson law works

An example of how the Yerkes-Dodson Act works is the anxiety that you experience before the exam. Optimal stress levels can help you focus on the exam and remember the information. However, too many anxiety tests can affect your ability to concentrate, which makes it more difficult to remember.

Factors that influence the relationship between stress and performance.

Four factors have a very important role in the relationship between activation levels and productivity:

1. The complexity of the task

If the task that we have to carry out is difficult, we need to invest more cognitive resources (for example relative attention or operating memory) than otherwise. As a result, complex tasks require lower levels of pressure so that optimal performance is achieved from simple ones because they stimulate themselves.

2. Skill level

As is the case with task difficulties, taking into account the subject's skill level is transcendental when determining what the ideal environmental stresses are. We can say that practice in the domain reduces the difficulty of the tasks included in this one, so linking these two variables can be useful when applying the Yerkes-Dodson law.

3. Personality

It is reductionist to think that modifying the level of stimulation or environmental stress without more can enable us to influence the performance of others reliably: if we do, we will ignore something as important as the personality of each individual.

4. Anxiety

The personality factor that we know as "the nature of anxiety" refers to the tendency to experience negative emotions associated with anxiety, such as anxiety, fear, and worry. Characteristics are the core of the construct of Neuroticism; in this sense, he opposes the factor of emotional stability.

About Yerkes-Dodson's law, there is an effective time to do the work, as asked in the matter when is Carl's effective time to mow the grass? The answer is 7-11 this morning because this time is the right time to improve mood and at this time the brain produces the hormone cortisol which functions to focus the mind and provide a good mood for the body.

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Class: High School

Subject: Bussines

Keyword: Yerkes-Dodson Law, Effective time for work.

Excluding military personnel, there are about ____ employees in the federal bureaucracy.

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The answer is 2.7 million

Sears offers a craftsman radial saw for $499.99, under the presumption that consumers see the craftsman radial saw as priced at "something over $400" rather than "about $500." this is an application of what pricing strategy?

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This is an application of psychology pricing. Consumers tend to perceive odd prices as lower than they are. This causes people to round down instead of up to the next monetary unit.

If peanuts serve as a medium of exchange, a unit of account, and a store of value, then peanuts are

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If peanuts serve as a medium of exchange, a unit of account, and a store of value, then peanuts are MONEY.

What is meant by allocative​ efficiency? allocative efficiency is when every good or service?

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Allocative efficiency is the state of the economy in which production suits consumer needs and preferences. Every good or service produced holds value. Even the last unit is able to serve the customer and satisfy them, but the product must also maintain an equal balance between cost effectiveness and user satisfaction.

After a dinner at Rosario’s Italian Eatery, Stephanie believes that she was overcharged and shoves Thom, the waiter. Thom sues Stephanie, alleging that the shove was a battery. Stephanie is liable

Answers

Final answer:

Stephanie could be held liable for battery against Thom.

Explanation:

In this case, Stephanie could be held liable for battery against Thom. Battery is defined as the intentional and harmful or offensive touching of another person without their consent. It can include both physical contact and actions that result in physical contact.

By shoving Thom, Stephanie made intentional physical contact with him in a harmful or offensive way. As a result, she could be held responsible for battery. It's important to note that battery does not require direct physical harm; it can encompass any unwanted or offensive physical contact.

Overall, based on the situation described, Stephanie's actions of shoving Thom could be considered battery, making her legally liable for her actions.

A predominant, and often conservative, view of the world economic system today holds that the free market is the ideal mechanism for ensuring that economic growth is optimal. this same view eschews the role of government. this view is referred to as

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Laissez-Faire Economics?

It's an economic system where the free market exists without government intervention.

Which option is the most appropriate genre for work-related communication? answer?

Answers

It's email on apex just got it right

Answer: The answer is electronic mail (email).

Electronic mail (email) is the most appropriate genre for work-related communication.

Explanation:

Electronic mail (email) refers to as the transmission of messages between two or more individuals over telecommunication. It is transfer of messages that may contain text, images, files and other attachments via a network to one or two individuals. It is quick, low cost, secure and messages can be sent to more than one recipient at a time.

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