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tester [92]
3 years ago
15

Hugh buys a new calculator for $125 from the PaperMills stationery store. A week later, he sees an ad from another stationery st

ore, StationMax, selling the same calculator for $65. Hugh feels guilty about having wasted so much money on the calculator but justifies his action by saying that StationMax items are always of poor quality. In the context of attitudes, Hugh's statement reflects an attempt to reduce his
Business
1 answer:
tamaranim1 [39]3 years ago
8 0

Answer:

Hugh's statement is an attempt to reduce his frustration about buying the product at a more expensive price.

Explanation:

Human beings always try to find a reason to justify their actions, even if that particular action was a bad one.

Hugh bought a calculator for $125 from one store and the next week, he saw the same calculator being advertised for a significantly lower amount. He felt cheated and he immediately blamed himself for being cheated when there was a better deal out there. As a way to make himself feel better about the ordeal, he tells himself that the product quality from the second store is always known to be of an inferior quality.

This is a defence mechanism to cover or try to hide our frustrations and anger at things not going our way so we invent something that will make us immediately feel better about ourselves and our decision.

You might be interested in
Say a certain manufacturing industry has 63.1 thousand jobs in 2008, but is expected to decline at an average annual rate of 1.7
ss7ja [257]

Answer:

so correct option is  b. -27%

Explanation:

given data

job manufacturing industry = 63.1 thousand

annual rate = 1.7 thousand

time period = 10 year

solution

the total loss of jobs over the 10 years will be:

total loss = 1.7 × 10

total loss = 17  thousand jobs

so that the percent change will be

percent change  =  \frac{-17}{63.1}\times100

percent change  =  -27 %

so correct option is  b. -27%

5 0
3 years ago
Read 2 more answers
A production possibilities frontier can shift outward if a. resources are shifted from the production of one good to the product
Eduardwww [97]

Answer:

d. there is a technological improvement.

Explanation:

a) replacing production of one good in favor of another will be a move across the PPF

b) abandon inefficient production will bring the production to the PPF from a place below it.

c) has no relationship it will simply put inflationary pressure.

<em>d) the technological improvement will make a better use of the factor thus, increasing productivity and making possible more production with the same amount of materials.</em>

7 0
3 years ago
______ allows you to earn money while caring for your own children.
aleksley [76]
A family day care allows you to make money while caring for your own children
7 0
3 years ago
Read 2 more answers
All Wet Water Softener Systems has Cash of $400?, Accounts Receivable of $1,000?, and Office Supplies of $600. All Wet owes $300
DanielleElmas [232]

Answer:

D. 5.00

Explanation:

The calculation of current ratio is given below :-

Current Ratio = Current Assets ÷ Current Liabilities

where,

Current Asset = cash + account receivable + office supply

= $400 + $1000 + $600

= $2,000

and the Current Liabilities is

= Account payable + salary payable

= $300 + $100

= $400

So, the current ratio is

= $2,000 ÷ $400

= 5 times

7 0
3 years ago
which if the following may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 da
inn [45]

A mutual funds is the instrument that may not be purchased on margin but can be used as collateral for a margin loan after being held for 30 days.

<h3>What is purchased on margin?</h3>

This generally involves the act of getting a loan from your brokerage and then, using the money from such loan to invest in more securities than you can buy with your available cash.

Through the method, an investors can amplify their returns if their investments outperform the cost of the loan itself.

In conclusion, the mutual funds can be purchased on margin. However, it  may be used as collateral for a margin loan after being held for 30 days.

Read more about mutual funds

brainly.com/question/4521829

#SPJ1

3 0
1 year ago
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