When Ahmed arrived at work on Monday, he noticed that there were several new employees that had been hired. One of the new hires seemed to be rather loud and without the benefit of walls, the sound really carried. Based on this behavior, Ahmed assumed that this new employee was also likely to be quite outgoing and probably ask a lot of questions. Ahmed reaching this conclusion is an example of ______________.
Fill in the blank(s) with correct word
Answer: Halo effect
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Phillips regularly invests in the securities of established companies. However, he does not invest in new securities issued by companies. His transactions take place in the
A. closed market. B. open market. C. secondary market. D. primary market.
Responsibility accounting authorizes managers to take control of and be held accountable for the revenues and expenses in their budgets
Indicate whether the statement is true or false
The effect of an externality is that:
a. production of a public good equals market demand. b. production of a private good equals market demand. c. true market demand for public goods may be determined by the number of consumers that pay for the goods. d. the producer of a public good has a limited incentive to produce it because all consumers cannot be charged for the good.
A properly executed subsequent will revokes a prior will
Indicate whether the statement is true or false