When the Mental Scale That People Use to Judge the Pleasantness-Unpleasantness

question 38

Multiple Choice

When the mental scale that people use to judge the pleasantness-unpleasantness of their experiences shifts so that their neutral point, or baseline for comparison, changes it is referred to as

• A) hedonic shift.
• B) happiness shift.
• C) hedonic adaptation.
• D) happiness adaptation.

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Definitions:

Contra Asset

An account on a company's balance sheet that offsets against an asset account on the same balance sheet.

Miscellaneous Revenue

Income from sources other than the main business activities, such as rental income or interest income.

Cash Over And Short

An account that records the discrepancies between the actual cash received and the expected amount.

Credit Balance

An accounting term that signifies a positive balance in a liability, revenue, or equity account, which increases on the credit side and decreases on the debit side.