Answer:
D. Microeconomics is concerned with the fair and equitable distribution of resources among consumers.
Explanation:
Microeconomics is concerned with the study of how households and firms make decisions and how they interact in the market, it studies the behaviour of individuals and firms regarding decisions of how scarce resources are allocated. It is not concerned with the fair and equitable distribution of resources among consumers.
<span>The migration of university students trained in western-style professions who are enticed by high wages and opportunities is often referred to as: Brain-Drain
For example, many young potential hopeful university graduates from United States are migrating to South East Asian countries because of high wages promise and the opportunities to directly obtain high position within the corporation.</span>
Answer:
i guess you learn something new everyday
Explanation:
Answer: D. hindsight bias
Explanation: hindsight bias is described as a psychological even in which people tend to overestimate their own ability to have predicted an outcome, an outcome that they would not have been able to predict before the event took place as a result, it can lead individuals to believe that an event was more predictable than it actually was, leading to oversimplification in cause and effect. It demonstrates demonstrates how recently acquired information influences the ability to recollect past information. This cause faulty memory.
