Answer:Demand side market failure:
Explanation:Demand side market failure occurs when the business fails to charge the consumer for a particular product or service .
For example fire works can be enjoyed by everyone , even those who didn't buy them because it is impossible to do so.
Answer:
b) Openness
Explanation:
The Five-Factor Model of personality is a model of the structure of personality according to which human personality can be described using five broad dimensions: Extraversion, Agreeableness, Conscientiousness, Neuroticism, and Openness.
The main characteristics of the dimensions are:
- Extraversion: Outgoing, socially confident behavior. Extroverts are sociable, talkative and enjoy being the center of attention. Introverts are more quiet and prefer to be on their own.
- Agreeableness: Individuals who score highly on agreeableness are friendly and co-operative, they are trusting of others and are more altruistic and sympathetic. People who score low on this dimension are less concerned with pleasing other people or making friends, they tend to be more suspicious and are less charitable.
- Conscientiousness: People who are conscientious are more aware of their actions and the consequences of their behavior than people who are unconscientious. They feel a sense of responsibility towards other people and are careful with their duties. People who score low on this dimension are less careful and are less concerned about tidiness and punctuality.
- Neuroticism: People with high neuroticism are persistent worriers. They are fearful and often feel anxious, over-thinking their problems focusing on the negative aspects of them. They tend to become frustrated and angry if things don't go as they wish. People who score low are less preoccupied and are able to remain more calm under stressful situations.
- Openness: Willingness to try new activities. People with higher levels of openness enjoy artistic and cultural experiences and are more <u>open to unfamiliar cultures and customs, they are imaginative</u>. People with low levels of openness are <u>wary of uncertainty and the unknown and feel uncomfortable in unfamiliar situations and prefer familiar environments.</u>
In this example, Garner is imaginative and independent and prefers variety, these<u> preference for variety and imagination </u>is characteristic of people who score <u>high on Openness.</u>
On the other side, Brandy is conventional and practical and prefers routine. This <u>preference for familiar environments and situations</u> is characteristic of people who score <u>low on Openness. </u>
Therefore, it is most likely that Garner scores high and Brandy scores low on the big five personality trait called openness.
When managing a conflict with someone close to you, it's important to commit to the relationship.
<h3 /><h3>How to manage conflicts?</h3>
It is essential that individuals are willing to develop a favorable agreement for both parties, using argumentation, listening, analysis and cooperation, seeking a solution that can benefit the parties involved in the conflict.
Empathy is also an essential feature in conflict resolution, making the relationship more important than the actual conflict.
Therefore, to manage conflict effectively, it is essential to understand that conflicts are natural to human relationships, but can be effectively resolved when there is respect, ethics and a focus on the solution.
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The philosopher John Locke was a strong believer in Empiricism, which rests on the assumption that knowledge comes from an individual’s own experience. This is further explained below.
<h3>What is
Empiricism ?</h3>
Generally, the idea is that all knowledge is generated from sensory experience. Expressed by John Locke, George Berkeley, and David Hume in the 17th and 18th centuries, it was influenced by the emergence of experimental science.
In conclusion, John Locke was a staunch advocate of Empiricism, which holds that knowledge is derived from personal experience.
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