4. Michael observed he felt the pain of losing a $20 bill more than he felt the joy of finding it on the sidewalk the
week beforeThis is a result of...
Sunk cost

Overconfidence

Endowment effect

Answers

Answer 1

Answer:

Endowment effect

Step-by-step explanation:

Answer 2

Michael observed he felt the pain of losing a $20 bill more than he felt the joy of finding it on the sidewalk the week before.

This is a result of the endowment effect.

Given,

Michael observed he felt the pain of losing a $20 bill more than he felt the joy of finding it on the sidewalk the week before.

We need to find whether it is a result of

- Sunk cost

- Overconfidence

- Endowment effect

What are the endowment effect and Sunk cost?

The endowment effect is the effect of placing a higher value on an object

they own than the value on the same object they did not own.

The sunk cost is a cost that has already been incurred and that cannot be

recovered.

We have,

Michael observed he felt the pain of losing a $20 bill more than he felt the joy of finding it on the sidewalk the week before.

Here,

We are talking about the same item $20.

Losing $20 is losing what Michael owns.

Finding $20 on the sidewalk is not what Michael owns.

And the pain of losing $20 which he owns is more than the joy of finding it on the sidewalk so,

The Endowment effect is found here.

Thus,

Michael observed he felt the pain of losing a $20 bill more than he felt the joy of finding it on the sidewalk the week before.

This is a result of the endowment effect.

Learn more about the endowment effect here:

https://brainly.com/question/15100112

#SPJ2


Related Questions

What is 1 minus 1 divided by 5

Answers

Answer:

0.8

Step-by-step explanation:

Remember PEMDAS

1-1:5=

1-0.2=

0.8

4g+4=2g+12 I need to find what g would equal to

Answers

Answer:

2

Step-by-step explanation:

4g+4=2g+12

or , 4g-2g=12-4

or , 2g = 8

or, g=8/2

g= 2

This Assignment is bloody confusing. PLEASE HELP

Answers

Step-by-step explanation:

A = Future value of the amount invested

P = principal (amount of money invested) = $9,200

i  = interest rate =  6% or 0.06

n = number of compounding periods (it is the number of times the interest is compounded).

For the Interest Rate per Compounding Period column, you'll have to divide the interest rate by its corresponding compounding period (please see the definitions of each compounding periods below). For example, the interest rate per compounding period (compounded annually) = interest rate ÷ number of compounding periods ( [tex]\frac{i}{n}[/tex] ) = 0.06/1 = 0.06 or 6%

For the Number of Compounding Periods column, you'll have to multiply (t ) by the number of compounding periods (n):

t × n =  15 years × 1  =  15

The Compound Interest Formula column is pretty self-explanatory--you'll just have to follow the given formula. You need to make sure that you change the values for i and n  for every row.

Compounding periods (n):

compounding annually: n = 1  

compounding semiannually: n = 2

compounding quarterly: n = 4

compounding monthly: n = 12

compounding weekly: n = 52

compounding daily: n = 365

You'll have to use these values into your Compound Interest formula.

I will do the 2nd row (semi-annually) for you as a guide, but you'll have to do the rest so that you could familiarize yourself on how to do it.

Interest Rate per Compounding Period  = i / n = 0.06/2 = 0.03 or 3%

Number of Compounding Periods = t × n =  15 years × 2 = 30

Compound Interest Formula:  [tex]A = 9,200(1 + 0.03)^{30}[/tex]

Final Amount  = 22,330.81

How many square yards of carpet are needed to cover the floor of a related 15 feet long and 12 feet wide

Answers

Answer:

20 yards squared.

Step-by-step explanation:

First, you should convert your units. Three feet make a yard, so 15 feet = 5 yards and 12 feet = 4 yards.

The area of a square is found by multiplying the length and width, so 5 yards x 4 yards = 20 yards.

Ronald can type 126 words in 3 minutes. At this rate, how many words can he type in 15 minutes?
OA.
126
ОВ.
1,890
OC.
15
OD
630

Answers

Well you do 15x3 to get 43 now do 126x 43 to get 5,418 The answer is :5,418 Your welcome come btw u sus 0_0 among us

Sofia received a payment of $ 145 to take care of her neighbor Carmen's dogs for 5 days. Every day, the neighbor Carmen was paying him 6 dollars more than the day before. How much money did Sofia earn on the third day of work?
it is a problem of equations
please help me

Answers

Answer:

you betrayed me and i know that youll never feel srry

Step-by-step explanation:

For any of you coding experts. I'm just beginning to take coding seriously and I want to know which coding language is the easiest for beginners. Any tips?​

Answers

Answer:

binary codenis the easiest bro it's just 1 and 0 right?

I believe HTML & MySQL are the easiest coding languages for beginners. If you are a starter you might prefer to take HTML which is comparatively really easy & understandable as well. HTML allows you to create webpages in no time with simple coding & there's no use of binary digits. Moving onto MySQL..this is also easy but it's advanced when compared to HTML. But, the work is more neat & good if you program it through SQL. After mastering both of them you can go for Python / Java, which are hard but it should be ok if you studied the first 2 languages. There's Xojo as well, lesser known but still good.

3 4. What is the slope of the line that passes through (-2, 1) and (8,5)? ​

Answers

Answer: 2/5

Explanation: Ask if you want an explanation!

Answer:    slope = ²/₅

Step-by-step explanation:      

      The question gives us two points, (-2, 1) and (8,5), from which we can find the slope and later the equation of the line.

Finding the Slope

The slope of the line (m) = (y₂ - y₁) ÷ (x₂ - x₁)      

                                          =  (5 - 1) ÷ (8 - (-2))    

                                          =   ⁴/₁₀

                                          = ²/₅  

Checking my answer:

We can check to see if the answer is correct by drawing the line and seeing if it passes through both points. If it does, then the slope is correct.

We can now use the point-slope form (y - y₁) = m(x - x₁)) to write the equation for this line:

                                ⇒  y - 1 =  ²/₅ (x + 2)

                                       

In the graph below (created using Desmos), the line passes through both points. This suggests that we calculated the slope correctly.

What is 2 1/2 divided by 2 2/3

Answers

Answer:

15/16

Decimal form 0.9375

Step-by-step explanation:

2 1/2 divided by 2 2/3 = 0.9375

Please helppppppp :,(

Answers

Answer:

D

Step-by-step explanation:

Please mark brainliest

Sarah has a credit card balance of $9,450 with an APR of 17%. With her current budgeted payment, Sarah will be able to pay off this debt in 36 months. But Sarah’s best friend just invited her to spend two months in Europe with her in 9 months. Wanting to have her credit card balance paid off before she goes to Europe, Sarah decides to take on a second job. What additional monthly income will Sarah need in order to pay off her credit card in 9 months?
a.
$336.92
b.
$467.23
c.
$788.85
d.
$1125.77

Answers

Sarah needs an additional monthly income of $1125.77 to pay off her credit card in 9 months.

What is an expression?

An expression contains one or more terms with addition, subtraction, multiplication, and division.

We always combine the like terms in an expression when we simplify.

We also keep all the like terms on one side of the expression if we are dealing with two sides of an expression.

Example:

1 + 3x + 4y = 7 is an expression.

3 + 4 is an expression.

2 x 4 + 6 x 7 – 9 is an expression.

33 + 77 – 88 is an expression.

We have,

Using the information given,

We can find the current monthly payment Sarah is making using the formula for the present value of an annuity:

[tex]PMT = PV \times r \times (1 + r)^n / [(1 + r)^{n - 1}][/tex]

where PV is the present value (balance), r is the monthly interest rate (APR/12), and n is the number of months (36).

PMT.

[tex]= 9450 \times 0.17/12 \times (1 + 0.17/12)^{36} / [(1 + 0.17/12)^{36} - 1][/tex]

= $338.48

To pay off the balance in 9 months, Sarah needs to increase her monthly payment.

Let's call this additional payment x.

Then, we have:

[tex]9450 \times 1.17^{9/12} = (338.48 + x) \times ((1 + 0.17/12)^{9 - 1}) / (0.17/12)\\[/tex]

Solving for x, we get:

x = $1125.77

Therefore,

Sarah needs an additional monthly income of $1125.77 to pay off her credit card in 9 months.

Learn more about expressions here:

https://brainly.com/question/3118662

#SPJ7

what is 5 * 4 + 6 - 5 * 5 * 7 / 8 * 6 - 8 + 2

Answers

The answer is -445/4 in improper fraction form, -111 1/4 as a mixed fraction, and -111.25 in decimal form.

Answer:

-111.25

Step-by-step explanation:

A cube has a side length of 12 inches. The cube is divided into 8 equal sized sections. What
is the volume of each section?

Answers

Answer:

216 cubic inches

Step-by-step explanation:

To find the volume of just the cube:

12 x 12 x 12 = 1728

then to find the volume of the section:

1728/8 = 216

2⁴+(2.75+1.75)÷0.9 fast pls helppppp

Answers

Answer:

21

Step-by-step explanation:

First, add the parenthesis

2^4 + 4.50 ÷ 0.9

Second, divide 4.50 by 0.9

2^4 + 5

Third, get rid of the ^4

(2x2x2x2)

16 + 5

21

1.Прочитать первое действие комедии. Каковы экспозиция и завязка комедии? 2.Пронанализировать диалоги Чацкого и Софьи: поведение героев, их отношение друг к другу, характер высказываний.
3.Что вызывает осуждение Чацкого в нравах московского барства?ЛИТЕРАТУРА

Answers

21,473,862,095 in word from

Evaluate the expression for the given values of the variables.

5p + 3q for p = 2 and q = −8

When p = 2 and q = −8, the expression is equal to...

Answers

Answer:

[tex] \hookrightarrow \: { \rm{5p + 3q}}[/tex]

p is 2q is -8

[tex] = { \tt{5(2) + 3( - 8)}} \\ \\ = { \tt{10 - 24}} \\ \\ = { \underline{ \underline{ \tt{ \: \: - 14 \: \: }}}}[/tex]

A pair of skate blades costs
$189.00. A pair of skate boots
costs 4 times that much. How
much are the skates and blades
all together?


Answers

Answer: $945.00

This is because 4 times the amount of $189 is $756, and $189 + $756 = $945.00

Please help

Given: P(1, 3)P(1,3)

and

Q(3,7)Q(3,7)

What is the slope of PQPQJ

Answers

Answer:

Slope = 2

Step-by-step explanation:

(1,3) and (3,7)

m = (7-3)/3-1)

= 4/2

= 2

2x/2 = 90/2 pls solve it it

Answers

Answer:

x=45

Step-by-step explanation:

2(45)=90

90/2=90/2

Please explain how you do it

Answers

Answer:

3^3+(4^3-7^2+3)/3^2

3^3+(64-49+3)/3^2

3^3+(15+3)/3^2

3^3+(18)/3^2

45/3^2

45/9

5

Step-by-step explanation:

gehehehehhehegeheheklelehe​

Answers

Answer:

A

Step-by-step explanation:

A smartphone costs $140. Sales tax is 4%. What is the total cost, including tax?

Answers

Answer:

145.60

Step-by-step explanation:

A shipping box is 12 inches by 18 inches by 16 inches the shipping box will be filled with smaller boxes each boxes each smaller box is 3 inches by 2 inches by 4 inches

Answers

The number of small boxes that will fill the truck will be 144 boxes

The formula for calculating rectangular box is expressed as:

V = LWH

L is the length

W is the width

H is the height

For the large box

Volume = 12 * 18 * 16

Volume = 3,456 cubic inches

For the small box:

Volume of the small box = 3 * 2 * 4

Volume of the small box = 24 cubic inches

Number of small boxes that will fill the truck = 3456/24

Number of small boxes that will fill the truck = 144

Hence the number of small boxes that will fill the truck will be 144 boxes

Learn more here: https://brainly.com/question/10865653

If you scale up the ratio on the left, what will you get for the unknown quantity on the right? $155 $465

-------- = --------------

20 hours ?


A. 10 HOURS

B. 40 HOURS

C. 60 HOURS

D. 100 HOURS

Answers

Answer:

60 minute equals to 1 hour

1. Sam was driving to visit his friend in Texas. He will have to drive 550 miles to get to his friends home.

Sam drives 65 miles per hour and has already driven 325 miles. Write an equation to find how much

longer in hours Sam will need to drive to reach his destination.

Answers

Answer: 65x + 325y = 550

what time is it in florida im to lazy to look at watch

Answers

Right now it would be 9:44am

Pls help me fast!!!!!!!!!!!!

Answers

x=0 I think not 100% sure though

Answer: The equation has infinitely many solutions.

Step-by-step explanation:

With George's end result of 3=3, you can assume that the equation is set up in such a way that no matter what you plug in, you will get the same number on both sides of the equals sign, which means the solution is valid. Therefore this means that there are an infinite number of solutions.

Plz help it’s due tonight!!!

Answers

b b b b b b b b b b b b b

Please help me! Please!

Answers

They are all positive

I think the correlation is negative because the graph is going down.

Hope this helps

The ratio of boys to girls in math class is 3 to 5 if there are 9 boys how many girls are there

Answers

Answer:

15

Step-by-step explanation:

for every three boys there are five girls

3 groups of 3 boys

3*5=15 girls

Other Questions
Can someone help me pls. (Theoretical probability of compound event) Plastic trash may contain toxic chemicals like __________ that enter the ocean. *Bisphenol APesticidesHerbicidesAll of the above THIS IS FOR GRM SO PLEASE HELP ME2. Why is it so difficult to hit a baseball?3. What makes someone a good hitter versus a poor hitter?4. What down three physical attributes that make someone a better hitter than another. Find the GCF of 38m and 57n. State one way by which Carbon Dioxide increases in the atmosphere Ammonia is a common____? the radius of a circle is 6.3 yards. the circle's area is about ___ square yards. use 3.14 for pi and round your answer to the nearest hundredth. In your closet you have three shirts (red, green, blue), four pairs of pants (blue, black, brown, gray), and two pairs of sneakers (Nike, Adidas) a. How many different outfits do you have with a green shirt? b. What is the probability, if you pick an outfit at random, that you pick one with brown pants? Who developed the Hierarchy of Needs?-Dorothea Lange-Abraham Maslow-Philippe Pinel-None of these choices are correct. During the forming stage team members meet one another and determine team goals. False True A student is asked to find the length of the hypotenuse of a right triangle. The length of one leg is 38 centimeters, and the length of the other leg is 29 centimeters. The student incorrectly says that the length of the hypotenuse is 8.2centimeters. Answer parts a and b.Find the length of the hypotenuse of the right triangle to the nearest tenth of a centimeter.The length of the hypotenuse of the right triangle to the nearest tenth of a centimeter is ..... cm(Round to the nearest tenth as needed.) PLEASE HELP ILL MARK U BRAINLIEST Identify the appositive phrase highlighted in the passage.A. - 'in New Mexico8. water's freezing pointc. who explored the cave long ago Lindsey made a map of her town which place in Lindsey's town is located at 4,5 Yarg. look on it for question. (Math middle school 7th grade "Moving ahead") What is the power of a single voice? This is an opinionated question. Helpp help me please :'-((((((( Kayla reads the same number of books each month. She reads at a rate of 14 books every 7 months. She claimsthat the number of books she has read will always be at least 7 greater than the number of months since shestarted reading.Determine a whole number of books and a whole number of months that show Kayla's claim is incorrect.Enter the number of books in the first response box.Enter the number of months in the second response box. Escoge la mejor respuesta. Es demasiado.A. Pero es de muy buena calidad. B. Se acepta solamente efectivo. C. Es muy caro. what makes these images a portrayal of what research is?