John's friend Rosika won a major lottery jackpot. Seeing this, and despite the fact that millions don't win and the odds of winning are infinitesimal, John goes out and buys a bunch of lottery tickets despite struggling financially. This concept describes John's decision to buy the lottery tickets under these circumstances would best be explained by the ___.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “John's friend Rosika won a major lottery jackpot. Seeing this, and despite the fact that millions don't win and the odds of winning are ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The assumption that in the absence of contrary information a business entity will continue indefinitely is the: (A) Periodicity assumption. (B) Historical cost assumption. (C) Entity assumption. (D) Going concern assumption.
No Answers
Why do businesses rely in teamwork in todays business environment
Answers (1)
g which of the following is one of the goals of the American Marketing Association? A. To promote the use of a utilitarian approach to marketing whenever possible B. To promote ethical relativism C.
Answers (1)
Economies of scope Question 21 options: stem from the cost-saving efficiencies of scattering a company's manufacturing/assembly plants over a wider geographic area.
Answers (2)
Ross Martin arrived at the following tax information: Tax Information Gross salary $ 49,300 Interest earnings 500 Dividend income 140 One personal exemption 3,950 Itemized deductions 8,740 Adjustments to income 1,690 What amount would Ross report as
Answers (1)
New Questions in Business
Pepe, Incorporated acquired 60% of Devin Company on January 1, 2017. On that date Devin sold equipment to Pepe for $45,000. The equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years.
Answers (1)
Which statement is incorrect? a. Dividends represent a distribution by a corporation to its stockholders. b. Dividends are shown on the income statement. c. Dividends reduce stockholders' equity, thus the Dividends account increases on the left side.
Answers (1)
Which of the following could result in the termination and liquidation of a partnership?1) Partners are incompatible and choose to cease operations. 2) There are excessive losses that are expected to continue. 3) Retirement of a partner. A. 1 onlyB.
Answers (1)
If an employer agrees to give you constructive criticism of your interview performance, you need to listen carefully and take notes. true or false
Answers (1)
If Whole Foods Market leaders were to engage in a SWOT analysis, they might study which of the following factors as part of the organization's external environment? a. Demographic and population changes within society b. The organizational culture c.
Answers (1)