Answer:
Are a normal good at low income and a inferior good at high income.
Answer:
Complex problems are typically defined as those that include the ability to approach them from multiple, sometimes competing, perspectives and which may have multiple possible solutions.
Explanation:
Agreement on the definition of the problem (owing to multiple values, perception, and perspectives)
Clear solutions to the problem owing to the wide array of possible solutions and trade-offs associated with each
Easily identified causes or authority due to the problem having multiple potential causes, jurisdictions, stakeholders and regulator or implications
Answer:
Mere exposure effect
Explanation:
Carly is watching television and notices that she has seen the same commercial four times during the same program. She wonders why a company would pay so much for so many identical advertisements, so it seems she is unfamiliar with the mere exposure effect.
The mere exposure effect is basically, the more you see or hear something, the more you like it. Meaning, we tend to like things more when they’re familiar to us. So Carly watching that commercial four times has a tendency for her to like the product or service of that company.
