It is important to let others know about your accomplishments, however, you do not want to be looking for a reward in it. Also you don't want to seem like you want to be better than everyone else. Even if you are :) So agree!
When an adolescent's newly sophisticated metacognitive capability causes him or her to become self-absorbed and believe that the world is focused on only him or her, this is called <u>b) adolescent egocentrism</u>.
<u>Explanation</u>:
Adolescent egocentrism is the term used by psychologist to describe the incapability of young people to differentiate between their perception of what people think about them and what others actually think in reality.
The adolescent egocentrism concept was expressed by the psychologist David Elkind. Adolescent egocentrism is found in children of age 10-14 years. They always think about what others will think about them. The young people consider themselves as center of attention and never focus on others views.
<h3>
Answer: A. competition among producers</h3>
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Explanation:
Competition reduces prices while also increasing the quality of the product or service. Companies that don't do such things will likely be out of business since the customer can go elsewhere for a better experience. The more competition, the better consumers are off.
In contrast, monopolies are bad for consumers because one company can set the price to whatever they want (to a certain level of course) and the customer has no choice to pay that price. The customer does not have any other option so the company is in full control. This leads to decline in quality because quality is often associated with cost. Safety standards may decline as well. So this is why monopolies are not good for the customer. In cases where there are monopolies, such as with power utilities, it is strongly advised that government regulations are put in place. This way the company doesn't completely exploit the customer.
In short, we can eliminate choice D because it runs counter to choice A.
Choice C can also be eliminated because if you had a decrease in supply, then the price of the product is likely to go up if you hold other factors in check (such as keeping the same level of demand). Higher prices do not benefit consumers unless those consumers had an equal or better wage increase.
A raise in interest rates means that it becomes more expensive to borrow money. For example, a raise in interest rates means that mortgage rates go higher. This negative is slightly counterbalanced with the fact that savings accounts interest rates go up as well. Overall, I think a rise in interest rates means that consumers ultimately pay more, so we can cross choice B off the list as well.
Answer:
Since budgeting allows you to create a money spending plan, it makes sure you have enough money always for what you need and what is important for you.
Hope this helps
