PRO An economy based on the relationship between supply and demand promotes healthy competition. Companies strive to offer better goods or services than other, similar companies. If one company offers more extensive goods and its profit margins increase, then that inspires its competitors to get innovative so that they can retain or gain some of that market. This lively symbiosis is the backbone of free enterprise, and is a huge positive. Consumers gain when companies compete to offer more products or services in varied, often more efficient ways. Consider how the shopping industry drastically changed during the last 10 years with Amazon able to ship products directly to consumers, saving them money and time spent driving to a “big box” store.
CON That potential for profit is as alluring as it is dangerous. In order to maximize the highest profit margin, potential companies often resort to unethical or even illegal behavior. The 2010 Deepwater Horizon oil spill is arguably a symptom of such a mindset, because of rushing, that oil company caused a horrific natural disaster. Such behavior is detrimental to its employees, because a company is not paying attention to, safety protocols, for example. Rushing or not paying attention to safety protocols, can cause lives lost or at least caused sickness and injury. Free enterprise suffers when companies go completely unchecked and foster corrupt competition.
Answer:
His essay on the Principles of Population was influential to both Darwin and Wallace
Explanation:
Reverend Thomas Malthus is world -known famous scholar in politics economy and population growth . He wrote a essay on Principles of Population in which he mentioned that any nation can doubled its existing population but it will lead to famine, poverty in nation. It is because the growth rate of other species like plant and animals will increases but not as same rate as human being population will increases.
The question is incomplete and the full version can be found online.
Answer: Independent Samples t-test
Explanation:
The independent samples t test, also called an unpaired samples t test, is used to compare two sets of data from samples that are independent.
This experiment compares two sets of data, the grades from the group of learners that took the course in the old format and the group that took it in the new format, to see if the grades differ depending on the format of the course.
The one sample t test wouldn´t be correct because it´s used to compare one result with an expected value. And the paired t test wouldn´t be correct because it´s used to compare related observations, such as test scores from a test taken at different hours of the day.
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This finding illustrates that the participants were selectively attentive.
<u>Explanation:
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- When the participants were directed to pay attention to the ball and count the number of times the ball is passed, the brain devoted itself to consider nothing else important but the ball.
- The act of counting the passes fetched the attention of the participants as they directed their brains by commanding it to restrict its attention solely on the ball. This trait of the brain is known as selective attention.
