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NeX [460]
2 years ago
10

Behavioral economists attribute some consumer behavior to the endowment effect. Which of the following is an example of the endo

wment​ effect? An example of the endowment effect is: A. buying lottery tickets with an expected value that is less than their price. B. being unwilling to sell a vase for a price that is greater than the price you would be willing to pay to buy the vase if you​ didn't already own it. C. being willing to will your descendents a car upon your death that you otherwise could have sold for a substantial price. D. being unwilling to sell a painting that you already own. E. taking into account nonmonetary opportunity costs such as the value of your time.
Business
1 answer:
Andrews [41]2 years ago
7 0

Answer:

B. being unwilling to sell a vase for a price that is greater than the price you would be willing to pay to buy the vase if you​ didn't already own it

Explanation:

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Baxter Company produces​ children's wiffle ball sets using a threeminusstep sequential process that includes​ molding, coloring
anyanavicka [17]

Answer:

C) WIP InventoryWIP Inventory-Finishing

Explanation:

Cost of WIP is transferred through Molding to Coloring to the last process of the production finishing. After completing the finishing the balls are ready and the cost is transferred from WIP InventoryWIP Inventory-Finishing to Finished goods Inventory. So, the correct answer is C) WIP InventoryWIP Inventory-Finishing.

5 0
3 years ago
How does context influence your communication? Consider the language and culture people grew up with, and the role these play in
Lelu [443]

Answer and explanation:

<em>Language </em>and <em>culture </em>affect directly in people's communication. Somebody who grew up in the jungle surrounded by its people is likely to have an open way of communicating with others since that individual has grown up within a society that is in great part his or her family. On the other hand, someone who is raised in a metropolis is likely to be more careful while communicating with others since that person is more exposed to different people with different cultures that react differently to situations.

5 0
3 years ago
Nicholas bought land from Meredith for $150,000. Nicholas paid $50,000 cash and gave Meredith an 8% note for $100,000. The note
Tom [10]

Answer:

C. Nicholas is not required to recognize gross income, but must reduce his cost basis in the land to $130,000

Explanation:

3 0
2 years ago
Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike
alexandr1967 [171]

Company A uses the FIFO method to account for inventory and Company B uses the LIFO method. The two companies are exactly alike except for the difference in inventory cost flow assumptions.  The debt-to-equity ratio measures your company's total debt relative to the amount originally invested by the owners and the earnings that have been retained over time.

The debt to equity ratio using the book value of equity in 2019 would be 2.29.

Finding the debt-to-equity ratio.

This can be found by the formula:

= Interest bearing Debt / Book value of equity

= (Notes payable + Current maturities of long term debt + Long term debt) / Book value of equity

= (10.5 + 39.9 + 239.7) / 126.6

= 2.29

Learn more about debt-to-equity  here

brainly.com/question/21408403

#SPj4

7 0
1 year ago
A detailed description of the money your business makes and expends every month for the first year is called a(n) A cash-flow st
Oksana_A [137]

Hello there,

A detailed description of the money your business makes and expends every month for the first year is called a(n)

Answer: Cash-flow statement.

6 0
3 years ago
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