Happiness could be anything. It could be the every day things you do that makes you grateful. It could be the fact the you have shelter over your head when you go home or the shoes you have on. Happiness is how you feel towards something and how it makes you feel.
I know the main one is British imperialism
Answer:
To put it in simple terms.
- Self-esteem is the way we view our own worth.
- Self-concept is the way we view our general characteristics as a whole.
Here are how the two of them connected :
1. The higher our self-esteem, the more positive characteristics that we will put in our self-concept.
People who are comfortable in being themselves, will openly accept their own talents and their own defect. They will constantly hone their talent and make it a part of their identity within the social group.
2. Our Self-concept will be influenced by other people's feedback. Higher self-esteem will help you handle negative feedback from others, making your self-concept become more stable compared to people with lower self-esteem.
<u>Question 1</u>
The correct answer is: "FALSE".
The total revenue earned by a firm is computed using the formula:
R= price * quantity
According to the formula, if the term "price" increases, R would increase too. But an increase in price usually decreases the amount demanded by consumers of a certain product. Therefore, if quantity demanded drops in a higher proportion than the increase in price, the final total revenue would decrease. So the final effect depends on the size of the two variations.
<u>Question 2</u>
<u>The determinants of demand are the following:</u>
- Price: inversely related to the quantity demanded, as the larger the price the smaller the amount demanded of a product.
- Income of consumers: directly related. The larger the income earned by an economic agent, the larger the amount demanded of a normal good (there are exceptions, such as inferior goods, for which income and demand are inversely related).
- Prices of related goods of services. If two goods are substitutes, the increase on the price of one, decreases the amount demanded of that product but increases the amount demanded of the other product. It two goods are complements, the increase in the price of one good decreases the amount demanded of it, and the amount demanded of the other product too.
- Tastes or preferences of consumers. If a product is in line with the general preferences of consumers the amount demanded will be large.
- Market expectations. For example, if a price is expected to rise, consumers might prefer to buy now and therefore demand increases at the moment.
