The correct answer is The Silk Road, as it was a path followed often by traders coming from China and those coming into China.
Implicit costs are imputed costs of self-owned and self-employed resources.
Example:
- (i) Interest on entrepreneur's own capital.
- (ii) Rent on entrepreneur's own land used in business.
Answer:
C. Groupthink
Explanation:
Most of us can remember at least once when a group, when making a decision for the sake of beloved harmony, set aside individual ideas and opinions and followed a not very rational path. This kind of dysfunction in decision making, which in English is called groupthink. Groupthink occurs when an environment begins to show overestimation of group power and morality, with thoughts such as "Yes, we are good in every way!"; lack of openness to new ideas, always ignoring or rationalizing any questioning about the falseness of group assumptions and pressure for uniformity. These "symptoms" are similar to what is happening in the group exposed in the question, so we can conclude that the question is describing a situation where groupthink occurs.
About 3,000 years ago they simply began a huge migration east word and north word, bringing with them their language, culture and farming methods. The migrating Bantu population eventually displaced the local hunter gather peoples causing them to blend into the population.
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