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Ira Lisetskai [31]
3 years ago
7

Albert decided to invest in several cutting-edge green energy firms. Albert's wife supported his venture. A year later, when fiv

e of the six firms had failed, Albert's wife was furious and told him that "anyone" could have seen that these companies were going to fail. Albert's wife demonstrates the I-knew-it-all-along phenomenon, or the _____ bias.
Social Studies
1 answer:
Nikitich [7]3 years ago
4 0

Answer:

hindsight bias

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question this is known as the hindsight bias. This is a phenomenon  describing the tendency that people have of assuming that something was going to happen but only after the event has occurred.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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"Opportunity cost" is related to the basic economic concept known as ___.
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Answer:

supply

Explanation:

if a person has a product and he/she is running out he/she will raise the price since more people want more,bt he/she is running out

 PRICE AND DEMAND!!

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Why did the United States sign the jay treaty with Britain
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On November 19, 1794 representatives of the United States and Great Britain signed Jay's Treaty, which sought to settle outstanding issues between the two countries that had been left unresolved since American independence.

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A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced
faust18 [17]
<h3><u>Answer:</u></h3>

A tax on automobiles imported into the United States that raises prices on imported vehicles to make the price of cars produced in the United States more competitive is <u>protective tariff</u>; a tax on all oil imported into the United States, which is implemented to raise money for the U.S. government, is <u>Revenue tariff.</u>

<h3><u>Explanation:</u></h3>

<u>Protective tariff:</u>  

  • Protective tariff is understood by the tariffs that are enacted by the government with a motive to promote and protect the domestic industries.
  • In protective tariff, government allocates higher tax rate for the products that are imported from foreign countries when the same product is produced in the country.
  • This helps the domestic industries to compete with the foreign industries.
  • Government also can provide protection to domestic industry as well as collect more revenue due to this tariff.

<u>Revenue tariff:</u>

  • Revenue tariff is the tariff imposed with a motive to collect revenue by the government.
  • By imposing revenue on imports and exports, government collects revenue which can be used in development, service and defense of the country.
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3 years ago
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