Answer:
D. relatively more inelastic because wine is a luxury.
Explanation:
Elasticity is a measure of the sensitivity of demand to price changes. When price changes significantly alter demand, we say that demand is elastic. On the contrary, when price changes do not significantly alter demand, we say that demand is inelastic. This is the case of wine in relation to water. Wine is a good that can be considered sophisticated, luxury. Therefore, consumers are less sensitive to variations in the price of wine. However, water is an abundant good and demanded by all. If the price of water increases, demand tends to decrease as the elasticity of water demand is relatively greater than the elasticity of demand for wine. In other words, wine the demand for wine is relatively more inelastic.
Answer: Valid
Explanation: There are two types of trials in Posner's attention experiments: valid and invalid. The first one is when a cue indicates exactly where the target would be appearing, meanwhile the invalid trial is when the cue indicate an erratic position of the target to be presented.
Answer: False
Explanation: After World War II, the capitalist, industrial states of the West decided to reduce barriers to the flow of goods, services, and capital. Many international factors and the overall political situation in the world have contributed to this. One of the factors is certainly the strengthening of communism in the east of Europe, so the increase in the flow of goods, services and capital has contributed to the strengthening of capitalism and democracy, as a counterweight to communism. Reduced barriers such as various tax breaks on the flow of capital meant greater cooperation between the industrialized countries of the West and their strengthening. The idea of a global free market, not only of capital and goods, but also of the idea of democracy and capitalism, as opposed to the closed and strictly controlled bloc of communism, has already emerged here.
The idea that existed before, of an integrated world economy simply began to apply to a certain extent at that time, thus moving from the divided national economies to what we know today as the global economy.
The Benedictines, officially the Order of Saint Benedict are a monastic Catholic religious order of monks and nuns that follow the Rule of Saint Benedict. They were also known as the black monks.
<u>Explanation:</u>
The black monks who are also known as the Benedictines are the monastic catholic religious order of monks and the nuns that follow the rule of saint Benedict. Officially they are known as the Order of Saint Benedict. In Latin they are known as : Ordo Sancti Benedicti, whose abbreviated form is OSB.
The Benedictines are also known as the black monks because of the color of the skin of these people which is black. Thus they are known as the black monks on the basis of their color.
