<u>Answer:</u>
The supply of essential goods does not affect demand.
<u>Explanation:</u>
- Essential goods are those without which the subsistence is the most difficult. They support the living at the most basic level by making up all that needs to be necessarily used and consumed in day-to-day life.
- Whether or not the supply for the essential goods is sufficient, the demand for it remains unaffected. That is because the availability of essential goods is a must to lead a decent life.
Answer:
Explanation:
Answer: Per Capita Income is not an adequate indicator of economic development for the following reasons : It is an average amount of the total income which means it can't show the actual income status of a country. ... It needs other criterion to judge the economic development like literacy rate
Answer:
Here you go.
Explanation:
Canada has seen strong gains in cross-border trade in the NAFTA era: U.S. and Mexican investment in Canada has tripled since 1993. U.S. spending, accounting for more than half of Canada's FDI portfolio, rose from $70 billion in 1993 to more than $368 billion in 2013.
Answer:
What is one characteristic of a good citizen? Helpful
Explanation:
Answer:
The representative's bias
Explanation:
Representatives bias is a cognitive bias. In this bias, an individual will categories the situation on the bases of the previous experience. It is very useful when a person wants to take a quick decision. But it is limited for those who are stereotyped. It includes many representative heuristic biases.
Thus here in the above statement, John gets to know about Michelle who is blonde hair, likes the beach and lived in Newyork. John assumes that she is from California because 85% of students were from California. This is the best example of representative bias