Answer:
The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of economies; traditional economy, market economy, command economy and mixed economy. Each type of economy has it’s own strengths and weaknesses.
Explanation:
Answer:
The answer is rational decision-making.
Explanation:
A person who follows this process will consider the alternatives, as well as the objective merits of a situation. It involves a series of steps which involves establishing a goal, identifying relevant criteria, identifying alternatives, comparing and analysing them, and making the decision.
The purpose of this perspective is to maximize benefits in relation to costs. It assumes that there is available, measurable information about the products.
Answer:
the conditioned response (CR).
Explanation:
Since Youri had leukemia and had undergone various chemotherapy that made him nauseous every time he goes. And, its been a year of his treatment that now even the waiting makes him feel nauseous because he feels that again he will have to undergo chemotherapy. This nauseous feeling from chemotherapy is referred to as the conditioned response.
The term conditioned response has been used in a classical conditioning experiment by Ivan Pavlov, which refers to reflexive behavior or the learned response concerning a conditioned stimulus.