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2 years ago

According to Daniel Kahneman and Amon Tversky, a $1 loss pains us ________ times more than a $1 gain helps us.

1 answer:

34kurt2 years ago

7 0

Daniel Kahneman and Amon Tversky believe that when we suffer a $1 loss, compared to a $1 gain, we suffer 2.25 pain.

<h3>What did Daniel Kahneman and Amon Tversky believe?</h3>

Based on some models that the two ran, they came up with a conclusion that we suffer more from losses than we get help from gain.

Their prediction was that a loss of $1 can hurt us about 2.25 more times than a gain of $1 can help us.

Find out more on losses at brainly.com/question/1165724.

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3 years ago

Jose owns a dog whose barking annoys Jose's neighbor Amy. Suppose that the net benefit of owning the dog is worth $400 to Jose a

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Answer: Jose has to pay $600.

Explanation:

Jose has to pay $600 to Jane for her inconvenience.

In Accordance with Coase theorem, when two conflicting parties exist, one has to ‘buy the right’ from the other party.

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3 years ago

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Answer:

Date General Journal Debit ($) Credit ($)

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Rent Expense 65,000

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(To close Revenue and Expense accounts)

July 31 Marlena Fenton, Capital 11,000

Marlena Fenton, Drawing 11,000

Explanation:

Marlena Fenton, Capital = $880,000

Marlena Fenton, Drawing = $11,000

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Supplies Expense = $11,200

Miscellaneous Expense = $13,900

Marlena Fenton, Capital = $520,400 -($488,000 + $65,000 + $11,200 + $13,900) = ($ 57,700)

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3 years ago

Providing managers with increased visibility of the entire logistics process so that they can improve the efficiency of the enti

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The primary function of <u>supply chain management</u> system is to provide the managers with increased visibility of the entire logistics process so that they can improve the efficiency.

<h3>What is the supply chain management?</h3>

In a firm, the supply chain management refers to an operational section that manages the flow of goods, services, tasks and processes that take place from the input of raw materials to the output.

In conclusion, the primary function of any <u>supply chain management</u> system is to provide the managers with increased visibility of the logistics process.

Read more about supply chain

<em>brainly.com/question/14101567</em>

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2 years ago

After reading the new account insert in his monthly statement, Tony Mercadante determined that the FDIC considers a joint accou

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Answer: Please refer to Explanation

Explanation:

According to the Federal Deposit Insurance Corporation, the limit to the amount a person can be insured for is, $250,000 per depositor, per insured bank.

That means that Tony's account at a balance of $120,712 is covered completely as it is well below $250,000.

Their Joint account is also completely covered at $60,099.

Cynthia however does not have complete coverage as her bank account exceeds to the coverage limit by $3,629 which will not be covered.

Should be noted that should she transfer this excess to the joint account then she should be fully covered.

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3 years ago