Answer:
Ancient civilizations based a large part of their economy and their subsistence on trade and exchange of goods. Thus, they were guided by a very simple premise: they traded what they had left over, to obtain in exchange what they lacked. For example, if a civilization overproduced wheat, it could trade that surplus for goods it did not have, such as animals. In this way, all civilizations covered their needs without the obligation to procure them all by their own hand.
<span>Erikson called the negative consequence of his third developmental stage; guilt and shame</span>
Answer:
Firms might maximize revenue by raising price or output
Explanation:
Through marginal analysis it is possible to compare the costs incurred with the benefits obtained from some financial strategies, which enables the company to better analyze its strategy in an attempt to maximize its profitability. Through marginal analysis they can maximize revenue by increasing price or output when price and output need to be determined when there are additional costs related to hiring a new worker.
Answer:
Type I error
Explanation:
Type I error is a statistical significance. It does not prove the correct result in a research hypothesis. Here the p-value is based on the probabilities.
In this phenomenon, there are always chances of making an incorrect conclusion. It is related to accepting and rejecting the null hypothesis.
In this research, there are another four options possibilities in which there are two correct and two incorrect error representation. These errors are inversely proportioned.