Drawing conclusions from too small of a sampling describes the behavioral characteristic of:

A) conservatism.
B) familiarity.
C) representativeness.
D) overconfidence.
E) underreaction.


C) representativeness.

Business

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If a cell contains 12 chromosomes at the end of meiosis I, how many chromosomes will the daughter cells contain at the end of meiosis II?

A. 24 B. 12 C. 3 D. 6

Business

Blanton Company wishes to allocate rent expense of $24,000 to its three operating departments, A, B, and C. Assuming the three departments occupy 10,000, 20,000 and 30,000 square feet respectively, the cost allocation rate for Department C is $0.80 per square foot.

Answer the following statement true (T) or false (F)

Business

A commercial agreement between a party that owns a trade name or trademark and a party that sells or distributes goods or services using that trade name or trademark is known as a ________

A) joint venture B) joint stock company C) franchise relationship D) syndicate

Business

Total fixed costs can change from one relevant range to another

Indicate whether the statement is true or false

Business