<u>Answer</u>:
Representatives bias
<u>Explanation</u>:
Representatives bias is the bias that confuses people in taking decisions when two things are similar and people almost confused about the outcomes of the result. People do mistakes to make understand two similar things are the same but in actual they are not the same as they appear. It is a common information processing error that generally occurs in behavioral finance theories.
<u>The determinants of this heuristics areas:
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<u>Answer:</u>
The Kenyan people living in the city support one another by making trades with each other.
<u>Explanation:</u>
- The dwellers of Kenyan cities have intelligently devised that In order to achieve convenient living for all, it is necessary to help each other by helping each other’s occupations grow and prosper.
- The macroeconomic structure of Kenya largely relies on the vibrant microeconomics of multiple Kenyan cities.
- Trading with each other not only helps the Kenyan citizens to stabilise their economy, but also helps them lead harmonious lives.
Answer:
Explanation:
Factors that create difference
Personality of the individual- The personality of person plays a huge role in determining his or her choices. Someone who is conscience conscious will mostly select things with enough details.
Experience also determines perception, the kind of people we relate with and the happenings within our immediate environment.
Motivation - Perception can be built round motivation, what is in needed at the present moment.
Perception is not reality, perception is how a thing is conceived, the knowledge of something, the impression of something while reality is what is happening, the current state of something. Our perception can in turn become our reality because it influence how we see or interprete our reality.
Answer:
12 clubs.
Explanation:
I'm assuming that you are asking for the sum of yours and your friend's clubs.
7+5=12
:)