My Stockbroker Sometimes Calls to Inform Me of the Availability

question 8

Multiple Choice

My stockbroker sometimes calls to inform me of the availability of new stock offerings. Often she tells me of an offering that is available for a limited period of time. According to Influence:

• A) she is trying to sway my decisions in a way that leads to her profit.
• B) she is trying to sway my decisions by using the principle of scarcity; therefore, I should get another broker.
• C) even if she profits from the use of the scarcity principle, she is not necessarily acting improperly.
• D) as long as she hasn't misrepresented the role of the scarcity principle in the situation, she is doing me a favor by telling me of the time restriction.
• E) c and d.

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Definitions:

Materials Quantity Variance

The difference between the actual quantity of materials used in production and the standard amount expected, multiplied by the standard cost per unit.

Food And Supplies

Items necessary for operating a business, such as a restaurant or hotel, including both edible products and necessary materials.

Spending Variance

The difference between the actual amount spent and the budgeted or expected amount in a given period, often related to costs or expenditures.

Materials Price Variance

The difference between the actual cost of materials used in production and the expected (or standard) cost, indicating how much more or less was spent on materials than anticipated.