When the government is involved in business for the purpose of creating more wealth for the country, they do this as a<u> A) </u><u>benefit </u><u>of </u><u>society</u><u>. </u>
The government gets involved in business for several reasons including to:
- Benefit the society at large
To this end, they come up with regulations such as laws encouraging more competition and ease of starting businesses in order to create greater wealth for the entire country.
In conclusion, government tries to create wealth as a benefit to society.
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Answer:
A. overcome functional fixedness.
Explanation:
In psychology, the term functional fixedness refers to a cognitive bias by which the person uses an object only in the way it is usually used and doesn't find new creative forms to use it (and therefore the person is fixed in one function of the object).
In this example, Monique used a shredder to shred paper (traditional form of using it), <u>when she runs out of styrofoam she remembers the junk mail confetti from the shredder and she uses it as packing material.</u> We can see that <u>she is finding new creative forms to use this confetti instead of just leaving there,</u> therefore, we can say that she has overcome functional fixedness.
<span>1. When Tonya chose the chicken, her opportunity cost was eating the burger.
2. When Jimmy chose the licorice, his opportunity cost was buying the jelly beans. The chocolate nut clusters are not considered because, since Jimmy is allergic, he wouldn't be able to buy them in any circumstance.
3. When Mary chose the dress, her opportunity cost was buying the jacket and the shoes.
4. When Joe chose the Ford, his opportunity cost was buying the Chevrolet.
<span>5. When the city chose the wading pool, its opportunity cost was the music stage. The parking lot is not an opportunity cost because it was not part of the city's two choices.</span></span>
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