Answer:A heuristic
Explanation:
A heuristic technique is the way in which we use a short cut to solve a problem or to make a decision by using practical reasoning which may not be logical or rational but still which is sufficient for us to make a quick decision or resolve an issues immediately or reach a short term goal. It helps us find a satisfying solution as quickly as possible.bit take away all the process of having to think deep. Heuristic can be a trial and error or an educated guess or using Intuition or just plainly common sense.
It was because of the war in 1856 the Russian and the French were mad about the way things had to go because they had to share and called each other names but then they decided to do the political parties after several years of war
Efficiency wages may cause a <u>surplus</u> of labor because they are <u>above</u> the equilibrium wage.
The efficiency wage is higher than the equilibrium wage, which might result in a labor supply.
Since the efficiency wage in question is higher than equilibrium wages, there will be a labor surplus since more individuals will be eager to work as a result of the wage rise. Due to the fact that supply is more than demand, this will result in a rise in supply and an excess of labor.
There is a labor surplus in the sense that a sizeable segment of the work force produces less than it consumes and its marginal product is below the wage agreed upon via negotiation.
To learn more about equilibrium wages
brainly.com/question/14718127
#SPJ4
Answer:
Modern economies have four main types of financial assets: bank deposits, stocks, bonds, and loans. Your Welcome!
<span>The Industrial Revolution was beginning to turn an agricultural economy into one with machines and manufacturing. The Industrial Revolution was growing rapidly in the United States during the early 19th century.</span><span>Hoped I Helped!</span>
