Answer:The planning fallacy
Explanation:
The term planning fallacy describes our tendency to underestimate the time it will take us to finish a certain planned future task or project. Eventhough we know that when we had done the same task previously it took us a longest time to complete it.
Samantha delays doing her paper because she believes she can just do it in only two days which is Saturday and Sunday,which is a limited time to complete a paper and submit in time;planning fallacy can be blamed for this which is causing her to underestimate the time it would take her to finish the paper.
There was no one traditional belief; each tribe and group could have their own religion and there were different kinds of religions. Many were polytheistic and the deities were based on nature, such as Tlaloc, the Aztec God of Rain or the Sun God of the Incas.
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Answer:
2.12
Explanation:
PED = % Change in Quantity demanded / % Change in price
✔️Price when quantify demanded was 8:
Substitute Q = 8 into P = 50 - 2Q
Thus:
P = 50 - 2(8)
P = 50 - 16
P = 34
✔️Price when quantify demanded was 12:
Substitute Q = 12 into P = 50 - 2Q
Thus:
P = 50 - 2(12)
P = 50 - 24
P = 26
✔️% change in price = (old price - new price)/old price × 100
Old price = 34
New price = 26
% change in price = (34 - 26)/34 × 100 ≈ 23.53 (2 d.p)
✔️% change in quantity demanded = (old quantity - new quantity)/old quantity × 100
Old quantity = 8
New quantity = 12
% change in quanty demanded = (8-12)/12 × 100 = 50%
✔️ Elasticity (PED) = 50/23.53 = 2.12 (2 d.p)
Its a magnet that points north and with it pointing north also show west east and south
