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salantis [7]
3 years ago
10

Which of the following might explain the evidence of an endowment effect in behavioral economics?A) Government regulation B) Kno

wledge and experience C) The federal tax code D) Class envy
Business
1 answer:
Juliette [100K]3 years ago
8 0

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.

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Lenny's Landing has a net Section 1231 gain in the current year of $12,000. In the previous five years, there are $3,000 in unre
Ratling [72]

Answer:

As the $3,000 is unrecaptured losses, it will be carried forward to this year and would be set off against the current year's capital gains.

Explanation:

The previous year unrecaptured loss of $3000 will carried forward and would be set off against the capital gains of $12,000. The gain for the year can be calculated as under:

Capital Gain for the year = Gain Before unrecaptured losses   -  Carried Forward Losses

By putting values, we have:

Capital Gain for the year = $12,000  -  $3,000 = $9,000

The resultant $9,000 would be the capital gain for the year.

7 0
3 years ago
Gerald believes that most of his subordinates dislike work and would avoid it if possible. he also believes that his employees h
liq [111]
<span>This particular style of management would be Autocratic in nature. In this management style, the style of the manager and his or her opinion is the one revered, and the only one that is honored. It does't matter how talented the subordinates are, they will do that manager's will, or face consequences. High turnover of good talent is high in this type of management style.</span>
7 0
2 years ago
Shortly after recording street survivors, this group was involved in a fatal plane crash:
KengaRu [80]
<span>Street Survivors was the fifth studio album of the rock group Lynyrd Skynyrd, recorded in 1977. In October of that year, a small plain carrying members of the band as well as managers and support personell, crashed near Gillsberg, Mississippi. Lead Vocalist Ronnie Van Zant, guitarist Steve Gaines, and backup vocalist Cassie Gaines were among the six killed.</span>
3 0
3 years ago
The Bureau of Labor calculates statistics "quit" levels by industry. The Accommodation and Food Services industry had the highes
Aleksandr-060686 [28]

Answer:

ill-treatment of Stuff

Poor Staff Compensation

Pressure that the stuff subdue to due to the growing industry and lot of work.

Some workers are required to work away from home and are not able to cope being away from families for a longer time.

Explanation:

Consider the factors that may <em>lead the workers to quit their jobs</em> in the <em>Accommodation and Food Services industry</em>.

Some of them include the following :

  1. ill-treatment of Stuff
  2. Poor Staff Compensation
  3. Pressure that the stuff subdue to due to the growing industry and lot of work.
  4. Some workers are required to work away from home and are not able to cope being away from families for a longer time
6 0
3 years ago
Sandra is purchasing a home for $200,000 and provides a $3,000 earnest money check to the seller. Her closing costs and down pay
Evgen [1.6K]

Answer:

The answer is $190,000.

Explanation:

We are given the information about the total price of the home and other payments made by Sandra towards the purchase of the home.

An earnest money check can be counted towards the down payment. She also pays an amount of $7,000 for the down payment which the total of the two adds up to $10,000.

Subtracting that from the price of the home, she should bring $190,000 to the closing.

I hope this answer helps.

4 0
3 years ago
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