Katherine's opportunity cost of attending the lecture is: the transportation and time cost of getting to the lecture event itself plus the reduction in her physics exam grade by not studying tonight.
<u>Explanation</u>:
The opportunity cost is the "cost" lost by not enjoying the benefit associated with the chosen alternative choice. People usually make use of opportunities to make themselves better.
The opportunity cost can be explained as giving up of profit or value to achieve something else. Opportunity cost is the value of giving up the best thing whenever you make a decision. When Katherine decided to attend the lecture of her favorite author, she lost her time, transportation cost and even scored low grade in physics exam as didn’t study on exam night.
Answer:
b. informational social influence
Explanation:
Informational social influence is a psychological or social phenomenon that describes the tendency of an individual to accept the information of others we consider accurate and correct most especially when faced with ambiguity or obscurity. We simply conform to the opinions of others we believe have an accurate information we seem not to have. In such situation, we simply conform to what they are doing because we believe they are right.
When participants in an experiment conform to others' answers as explained in the scenario given in the question, we can infer that it best illustrates the <em>impact of informational social influence</em> rather than influence from peers.
Matisse was a member of, amongst other movements, the fauvism movement.
The Fauvism movement prized very strong colors above all else, including the realism of subjects.
<span>Samuel de Champlain was the most associated with the first successful European settlement in Canada.</span>
Answer:
A. True
Explanation:
The aim of the court when interpreting a contract, is to determine the intention of the parties to the contract. When contract terms and conditions are not ambiguous, the court will enforce the express terms of the contract as valid, without going beyond the content of the contract.
However, when the contract is ambiguous, and the parties to the contract have equal experience and good counsel, the court will determine or interpret the ambiguous contract based on the usage of the trade: that is, based on performance of contract duties, rather than the express terms in the contract. This is because it's believed that the performance/duties carried out during the execution of the contract is the best to determine or interpret what the parties to the contract intended when drafting such contract.
