Answer:
Explanation:
Crossroads:Located in the center of Louisiana, the Crossroads region was once known as "No Man's Land," and wasn't included in the original purchase in 1803. But times have changed and this area is now notorious for its rich culture and beautiful and diverse natural habitat
Answer:
inelastic
Explanation:
If price elasticity of demand for fav lifts is -1.0 then the demand for this service is inelastic as the percentage change in quantity demanded is less than the percentage change in its price. This means that the price elasticity of demand (PED) is less than 1.
Answer: reactive thinking that relies heavily on situational cues, salient memories, and heuristic shortcuts to arrive quickly and confidently at judments.
Explanation: In "Thinking, Fast and Slow" by Daniel Kahneman, the author states that there are two modes of thinking System-1 which is instantaneous and is driven by instinct and System-2 which is slower and driven by logic. The definition of System-1 thinking is <u><em>reactive thinking that relies heavily on situational cues, salient memories, and heuristic shortcuts to arrive quickly and confidently at judgments</em></u>.
