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Bezzdna [24]
3 years ago
13

Lester, a hardware engineer, sells his old hatchback to buy a luxury sedan. As he starts driving the new car, he realizes that i

t is more difficult to maneuver the sedan than his old hatchback. He also realizes that maintaining the sedan is expensive. Lester is rather uncomfortable with the purchase decision he made. In the context of consumer behavior, which of the following concepts does this scenario best illustrate.
Business
1 answer:
AlekseyPX3 years ago
7 0

Answer:

Cognitive dissonance

Explanation:

Cognitive dissonance refers to conflicting ideas or beliefs that cause discomfort to an individual. Individuals tend to seek consonance between their expectations and reality.

In this case Lester expected to feel good about his purchase of a luxury since it should be a much better car than his old hatchback, butt he actually doesn't like to drive the larger and more luxurious sedan.

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When the stockholders receive a dividend, how would this affect the equity of a business?.
morpeh [17]

Assets and total equity will both be decreased is When the stockholders receive a dividend, how would this affect the equity of a business.

<h3>Who are the stockholder?</h3>

Stockholders are the people who have purchased the stocks and have invested in the particular firm, they are the people. The stockholders hold some of the share of any company, which they can sell or purchase anytime.

Thus, Assets and total equity will both be decreased is When the stockholders

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7 0
2 years ago
You find that the bid and ask prices for a stock are $10.25 and $10.30, respectively. If you purchase or sell the stock, you mus
Tema [17]

Answer:

The total transaction cost is $55.

Explanation:

Total cost = number of shares * (Ask price - Bid price) + purchase cost + sell cost

                 = 100×(10.30 - 10.25) + 25 + 25

                = $55

Therefore, the total transaction cost is $55.

5 0
4 years ago
what are two significant strengths that can have an impact on your overall success? why do you think so?
Marina CMI [18]
I’d say bad experience or struggles you have went through can strengthen you
5 0
3 years ago
What are the positive impacts which this corporation has had on South africa economy and population?
Contact [7]
The positive impacts are:
- The corporation provided job opportunities for the citizens of south Afirca
- The corporation provided the people with good products that will enhance their lives,
- Corporations tend to provide the largest amount of Tax, which later could be distributed by the government in the form of welfare
7 0
4 years ago
If the government lowers tax rates and tax revenue falls by $100 million, we can expect consumption spending to ________ and equ
maksim [4K]

Answer: increase; increase by more than $100 million

Explanation:

If the government lowers tax rates and tax revenue falls by $100 million, we can expect consumption spending to increase and equilibrium output to increase by more than $100 million.

It should be noted that when there's reduction in tax rate, this implies that there'll be more money available to the households and the firms and this will then lead to more money which can be spent on goods or services. Also, due to this, the equilibrium output will increase as well by more than $100 million.

7 0
3 years ago
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