Microeconomics can be defined as a branch of economics where the behavior of individuals and small impacting organizations are studied, where each of these decisions are allocated of limited resources. Microeconomics looks at these behaviors and investigates how it affects the supply and demand of the goods and how this affects the pricing. Macroeconomics studies the total economic activity regarding growth, inflation and unemployment and can deal with national economic policies.
(B) Installment, Installment
Because installment plan is cheaper than rent-to-own plan for both laptop and refrigerator.Hence the buyer should opt for installment & installment for both the items to own them after 12 months of installments.
Answer:
Banding
Explanation:
Banding is a sociological term that indicates the formation of a group of people with many different cultural levels. It is a way of including cultural diversity in a group that used to be homogeneous in terms of culture. In the case of the choice made in the question, the decision to hire the African-American teacher was made based on the concept of Banding, since the school chose this teacher to bring more cultural diversity in the school environment.
Answer:
<em>I can see that there are no choices.</em>
fallacy of bandwagon
Explanation:
A "logical fallacy" refers to the error of reasoning or logical gap that makes an argument invalid.
The situation above commits the fallacy of the bandwagon because the argument is being supported only according to a significant number of population. This is a fallacy because it doesn't necessarily mean all of the retired persons are unhappy about the level of Social Security assistance due to the opinion of 30 persons who agreed that they were unhappy. It becomes a "standalone justification" of the validity of an argument. We cannot judge the happiness or unhappiness of all retired persons according only to a group of 30 persons <em>(even though they were chosen from different parts of the country). </em>
So, this explains the answer.