1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nika2105 [10]
4 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]4 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]4 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.

You might be interested in
Recently, the only type of car available for Anthony to rent on a business trip was a compact, fuel-efficient Japanese import. A
jok3333 [9.3K]

Answer:

The correct answer is (a)

Explanation:

After experiencing the comfort of a Japanese car, Anthony has decided cost-saving, by buying a Japanese car other than an SUV. Experience is an important factor which can significantly change a customer's mind over buying a product.  It can narrow a customer's decision and make it easier to decide, that is why most car companies offer a test drive.

3 0
4 years ago
Alan, 46, and Donna, 33, are filing a joint return for 2019. Neither is blind, and neither can be claimed as a dependent. They d
maksim [4K]

Answer:

$24,400

Explanation:

Assuming that Alan and Donna are married and they decide to file their taxes together, the standard deduction for 2019 taxes was $24,400.

The standard deduction increases if you or your spouse is over 65 years old, or if any of you is blind. The standard deduction generally increases a little bit every year, e.g. during 2018 it was $24,000 and for 2020 it is $24,800.

8 0
3 years ago
Industrial Machines needs to purchase a new machine costing $1.25 million. Management is estimating the machine will generate ca
max2010maxim [7]

Answer:

The firm shouldn't purchase the machine because the IRR is less than the required minimum

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a financial calcuator

Cash flow in year 0 = $-1.25 million.

Cash flow in year 1 = $210,000

Cash flow in year 2 to 5 = $350,000

IRR = 8.51%

The firm shouldn't purchase the machine because the IRR is less than the required minimum

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button

8 0
3 years ago
The December 31, 2018, adjusted trial balance for Fightin' Blue Hens Corporation is presented below.Accounts Debit CreditCash $1
zepelin [54]

Answer:

These can be prepared as shown below:

Explanation:

1. Prepare a statement of stockholder equity for the year ends December 31, 2018, assuming no common stock was issued during 2018.

To do this, the income statement is first prepared by ignoring tax as follows:

Fightin' Blue Hens Corporation

Income Statement

for the year ended December 31, 2018.

Details                                                                    $

Service Revenue                                           300,000

Salaries Expense                                         (200,000)

Rent Expense                                                  (10,000)

Depreciation Expense                                   (20,000)

Interest Expense                                           <u>   (3,000) </u>

Earnings for the year                                   <u>   67,000 </u>

Therefore, we have:

Fightin' Blue Hens Corporation

Statement of Stockholder Equity

for the year ends December 31, 2018

Details                                                                    $

Common stock                                               100,000

Retained Earnings                                           40,000

Earnings for the year                                    <u>   67,000</u>

Stockholder Equity                                      <u> 207,000 </u>

2. Prepare a classified balance sheet as of December 31, 2018.

A balance sheet is a balance sheet that have different classifications suchas fixed assets, current assets and liabilities, long-term liabilities, and stockholder equity. This can be prepared as follows:

Fightin' Blue Hens Corporation

Classified Balance Sheet

for the year ends December 31, 2018

Details                                                          $                   $

<u>Fixed Assets</u>

Equipment                                           200,000

Accumulated Depreciation              <u>   (115,000) </u>    

Net Fixed Assets                                                          85,000  

<u>Current Assets</u>

Cash                                                        10,000

Accounts Receivable                           130,000

Prepaid Rent                                            4,000

Supplies                                               <u>  20,000 </u>

Total current assets                             164,000

<u>Current Liabilities</u>

Accounts Payable                                (10,000)

Salaries Payable                                    (9,000)

Interest Payable                                   <u>  (3,000) </u>

Working capital                                                            142,000

<u>Long-term Liabilities</u>

Notes Payable (due in two years)                              <u> (20,000) </u>

Net Total Assets                                                         <u> 207,000</u>

Financed by:

Common stock                                                              100,000

Retained Earnings                                                          40,000

Earnings for the year                                                   <u>   67,000</u>

Stockholder Equity                                                      <u> 207,000 </u>

Note: When a balance sheet is accurately prepared, the net total assets and the stockholder equity must be equal as above with both equaling $207,000.

6 0
4 years ago
What is one reason why the overall unemployment rate understates the actual employment situation?
MissTica

Answer:

It does not consider all the unemployed people.

Explanation:

The unemployment rate is a percent expression of the jobless labor force in an economy. In calculating the unemployment rate, the bureau of labor statistics considers only the unemployed people who have been actively seeking work in the past four weeks.

Due to this reason, the unemployment rate does not include all the jobless people in the country. Unemployed individuals who have lost hope of finding work, and those who did seek employment get excluded. Those engaged in other chores like caring for the sick or the elderly are also not considered.

5 0
3 years ago
Other questions:
  • A firm has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equi
    11·1 answer
  • The Lakeside Inn had operating cash flow of $48,450. Depreciation was $6,700 and 15) interest paid was $2,480. A net total of $2
    5·1 answer
  • An entrepreneur is made​
    9·1 answer
  • Pacific Company sells only one product for $ 12 per​ unit, variable production costs are $ 3 per​ unit, and selling and administ
    7·2 answers
  • The world is facing greater and greater pollution, along with the depletion of natural resources. Every person in every country
    8·1 answer
  • When a user sends a reply to a message, what is the user sending
    8·2 answers
  • In your own understanding, compare and contrast "business markets versus consumer-goods markets."​
    11·1 answer
  • High-Low Method The manufacturing costs of Rosenthal Industries for the first three months of the year follow:
    15·1 answer
  • Which bank does not charge at all for using the ATM?
    10·1 answer
  • The Federal National Mortgage Association (Fannie Mae) was originally established to provide a secondary market for FHA-insured
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!