Answer:
The correct answer is letter "D": Class envy.
Explanation:
In behavioral economics, the endowment effect explains why an individual could give a higher value to an object that posses than giving a low value when the individual does not have it. The approach implies the object has symbolic importance for the individual while having it.
A good example of the endowment effect refers to a teacher that gives one of his classes' students mugs as gifts. The value of the students who received mugs was higher than the value of those who did not get one.
B. The method of charging their clients
Is is responsible and ethical to make money off your clients even if their investments that you are responsible for are not doing well and are losing money?
Incomplete question. I inferred you want to know if it is true or false.
Answer:
<u>True</u>
Explanation:
This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.
For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.
Answer:
the depreciation expense of the year 2020 is $18,870
Explanation:
The computation of the depreciation expense of the year 2020 is as follows:
= (Truck value - salvage value) ÷ (useful life) × (driven miles)
= ($109,700 - $4,200) ÷ (123,000 miles) × (22,000 miles)
= $18,870
Hence, the depreciation expense of the year 2020 is $18,870
Answer:
a. Product, price, distribution, and promotion variables
Explanation:
As a customer requires various attributes of the product, that is for which the customer will not compromise in, these include:
The product needed, as for the customer is hungry he shall ask for a pizza, now pizza is a product.
The price of the product, if the price is in the budget of the customer he shall buy it else he shall not buy it.
Distribution associated with it basically the method in which it will be distributed, the packaging extracts.
Promotion variables includes extra benefits like offered with the product, cash backs as for example, etc:
