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Elza [17]
2 years ago
9

How are the roles of resource owners and firms explained by the circular flow diagram of economic activity?

Social Studies
1 answer:
emmainna [20.7K]2 years ago
5 0

The answer would be that resource owners are a group of people that live in a single residence (a family for example). These are also consumers of products and services. Meanwhile firms are explained as an organization that creates a good or a service, through the use of resources such as capital. They create goods and services out of factors of production.

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What is the SI base unit of distance
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Harrizon [31]

Gravity

Hope this helps :)

4 0
2 years ago
Dominique had a car accident while driving over a bridge and thereafter developed an intense phobia of driving over bridges. In
Lorico [155]

Answer:

Extinction      

Explanation:

Extinction: In psychology, the term extinction refers to the process being used in ABA i.e, applied behavioral analysis in which the reinforcement is provided for the specific problem behavior is discontinued to eliminate the re-occurrence of such negative behaviors.

In other words, it refers to the gradual or slow weakening of a particular conditioned response that leads to the disappearing behavior i.e, the conditioned behavior stops.

In the question above, the psychologist helped Dominique by motivating to drive, hence Dominique's phobia was cured, and is an example of extinction.

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