Answer:
A). It will decrease - 'the quantity of coffee demanded.'
B). It will increase - 'the quantity of coffee supplied by producers'
Explanation:
'Binding price floor' is demonstrated as the price greater than the equilibrium price set by the government to ensure that the prices of such products do not fall below a specific limit.
As per this definition, <u>the quantity of coffee demanded by the consumers will decrease while the quantity supplied(by producers) will increase if the binding price remains constant for several years</u>. This situation of decrease in the quantity demanded(due to hike in prices which is artificially made by the government) while an increase in quantity supplied(due to people reducing purchases as a consequence of hike in prices) which helps ensure a surplus in that good i.e. 'coffee' here.
Several studies conducted by Nisbett and his colleagues suggest that people who grow up in east Asian cultures think more <u>holistically </u>than people who grow up in western cultures.
<h3>What is holistic thinking?</h3>
A person who is known to be a holistic thinker is one who looks at everything as an aspect of a whole.
They are known to be people who nothing can ever stands alone and nothing is said to be linear in time or in space in their very eyes.
Therefore, Several studies conducted by Nisbett and his colleagues suggest that people who grow up in east Asian cultures think more <u>holistically </u>than people who grow up in western cultures.
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Answer:
Advance Scientific Knowledge.
Explanation:
In recent times science is about understanding the world, but it's a process rather than a body of knowledge. Scientific knowledge is what we learn from the scientific process, which involves experimenting and collecting data.
Research from scientific processes is explained as the collecting of data to investigate and explain a phenomenon. The idea of science is that you can only learn about a phenomenon in a reliable and accurate way through collecting empirical data. The scientific process is designed to reduce human bias as much as possible, and make our conclusions as accurate as they can be.
Answer:The answer is introduction stage
Explanation:
The product life cycle is a very important principle that every businessman and woman must be aware of if they want to continue the business..it is a principle which states that every product has a life span of useful existence. The product life cycle is made up of the following stages
Introduction stage: This is the stage of introducing the product into the market, it includes the stages of conducting research about the product to be introduced into the market,it also includes the investment of substantial resources with a view to yield returns on their investment in the future.
The growth stage: This is the stage of the acceptability of the product in the market by consumers. It is measured by the increasing sales of the product in the market .
Maturity stage: This is the stage of in which the product has become established and competitors have entered the market with similar products even with more improvement on their product.
Decline stage: This is when the stage has reach the saturated point. At this point the demand for the product in the market has become saturated as a result of the activities of the competitors in the market.
Answer: First habits and primary circular reaction
Explanation:
First habits are the initial habits that a child learns between the range of one-month to four month old.Primary circular reaction are the responses that accidentally occur and baby tends to repeat those movement according to their ability.E.g.- sucking thumb in mouth etc.
According to the question ,Rebecca is displaying primary circular reaction as initial habit that she gained accidentally by putting her thumbs in her mouth for sucking it and thus, repeats the action due to enjoyment.
