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nika2105 [10]
3 years ago
12

One implication of the phenomenon described by economist richard easterlin as the "hedonic treadmill" is that: question 4 option

s: people who consume more goods and services are happier than those who consume less
Business
2 answers:
V125BC [204]3 years ago
8 0

Answer:

"Hedonic treadmill" refers to the situation where the consumer runs after satisfaction, but is unable to leave the place and really achieve the pleasure and satisfaction he wants.

Explanation:

"Hedonic treadmill" is the term used in the economy to describe the situation where consumers try to seek satisfaction and pleasure in the consumption of goods and products, but are unable to achieve this satisfaction. They end up running after happiness without being able to own it. We can use as an analogy, a mouse running in its "carousel", the rainho runs at high speeds, but it can't get anywhere and stays, just walking in circles.

"Hedonic treadmill" is often used to explain a consumerist and marerialist society, which tries to fill its existential voids through buying and more purchases, which can even bring satisfaction that will not last and will pass quickly.

IRINA_888 [86]3 years ago
7 0

The hedonic treadmill is the tendency for people to return to a stable level of happiness after major positive or negative events in their life.

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Answer:

d. Reduce average Inventory

Explanation:

Inventory turnover ratio represents how quickly an entity's inventory is converted into sales and cash is generated.

Inventory turnover in days is computed as;

= \frac{365\ days}{Inventory\ Turnover\ ratio}

Inventory turnover ratio can be computed as:

= \frac{Cost\ of\ goods\ sold}{Average\ Stock}

Average stock = \frac{Op\ stock\ +\ Closing\ Stock}{2}

wherein,  Op stock = Opening stock

Cost of Goods Sold = Sales - Gross Profit

A reduction in the average inventory level would increase the inventory turnover ratio, and thus reduce the inventory conversion period from 80 days to a lower level.

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