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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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Which of the following is not an example of a legal barrier to entry? Group of answer choices a public franchise economies of sc
LuckyWell [14K]

Answer:

The answer is economies of scale .

Explanation:

Government license, patents and public franchise are all forms of legal barriers that prevents new entrants from copying, imitating or entering the market. However, economies of scales are a economic barrier that arises due to the scale of operations of a firm and is not a legal barrier.

3 0
3 years ago
Deon is opening a car wash, and he has approached SCORE, an SBA organization that assists small-business owners in setting up th
Marianna [84]

Answer:

A.) Write a business plan

Explanation:

A business plan is a docent that describes nature of the business, growth and sales strategies, and projected profits.

It is a road map that shows how a business will be set up, how it will function to meet set goals, and financial projections that demonstrates the viability of the business idea.

Deon will have to come up with a business plan that summarises his vision of setting up the car wash. On the basis of this SCORE will make a decision about helping him start the company.

3 0
3 years ago
The following information was available for Pete Company at December 31, 2013:
Leno4ka [110]

Answer:

8.2

Explanation:

See attached picture.

5 0
3 years ago
If during 2009, the country of Sildavia recorded a GDP of $65 billion, interest payments of $15 billion, imports of $13 billion,
Vitek1552 [10]

Answer:

$36 billion

Explanation:

The computation is shown below:

For this question, we use the income approach for calculation the wages i.e shown below:

GDP = Interest payments + profits + rent + wages

$65 billion = $15 billion + $7 billion + $7 billion + wages

$65 million = $29 billion + wages

So, the wages would be

= $65 billion - $29 billion

= $36 billion

3 0
3 years ago
Southern Wear stock has an expected return of 15.1 percent. The stock is expected to lose 8 percent in a recession and earn 18 p
Scilla [17]

Answer:

15.26%

Explanation:

Let the expected return if economy is normal be X

Expected return ; E(R) = SUM(probability. *return)

E(R) =15.1% OR 0.151 as a decimal

RECESSION: (probability. *return) = -0.08 * 0.02 = -0.0016

NORMAL: (probability. *return) = 0.87 *X = 0.87X

BOOM: (probability. *return) = 0.11 *0.18 = 0.0198

Next, sum the three returns and equate them to 0.151;

-0.0016 + 0.87X + 0.0198 = 0.151

0.87X + 0.0182 = 0.151

Subtract 0.0182 from both sides;

0.87X = 0.151 - 0.0182

0.87X = 0.1328

Divide both sides by 0.87 to solve for X;

X = 0.1526 as a decimal or 15.26%

Therefore, expected return if economy is normal is 15.26%

3 0
3 years ago
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