The statement that Mood and context are factors that can enhance memory is True.
- Mood and context play important role when it comes to the function of our memory, Memory serves as faculty of the brain that involve in storing as well as retrieval of data or information.
- When we are in good mood, we tend to flow well which makes the memory to perform better.
Therefore, Mood and context affect our memory.
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1. 3
2. 4
3. 1
Idk if that correct srry
but hope i helped anyways
<span>His food preference is judged as abnormal based on regional differences in cuisines from Poland and the fact that the norm is set by the majority who prefer italian food. His preference of food is different from that of the majority in the social group which sets him apart a an outlier.</span>
Answer:
Necessity Goods : Income Inelastic (< 1)
Luxury Goods : Income Elasticity ( > 1)
Explanation:
Elasticity is responsiveness of demand change to price change . Formula : - % change in demand / % change income
Normal goods have positive income elasticity, i.e. demand increase with income rise & decrease with income rise .
Necessity good's demand responds less to income change & is income inelastic ( < 1 ), % change in demand < % change in price .
Eg : Medicines
Luxury good's demand is more responsive to income change & is income elastic ( > 1) , % change in demand > % change in price .
Eg : Luxury Cars
Answer: An economic system is a means by which societies or government organize and distribute available resources, goods and services across a geographical location. There are varieties of economic system in use throughout the world today. Example of some of them are capitalism, socialism, communism, etc.
An economic system is an economic order, a system of production, resource allocation and distribution of goods and services within a defined territory. It involves the corporation of the various institutions, agencies, entities , decision making processes. All economic structure are based on three different questions, which are what to produce? How to produce ? and for whom to produce? . Economic system involves how these agencies and institutions are linked together and how informations flows between them.
