Absent-Mindness: we may not remember information we are given when our minds are occupied elsewhere. For example you may have trouble remembering the lecture material in history class if you are staring out the window.
Transience: this means that our memories often fade over time. For example you are more likely to remember an episode of your favorite television program right after you see it but as time passes you’re most likely to forget the details of that program.
Misattribution: this happens when we miss remember the source of information. For example, you may remember a story but not remember who told you the story.
Answer: The firm should minimize cost and always seek a mix of inputs, L and K,
such that the marginal products per dollar spent on each should be equal.
Explanation:
Spending one dollar less on capital will reduce output by capital's marginal product per dollar. But because the marginal product per dollar for labor is greater than that for capital, less than a dollar's worth of labor must be bought to achieve the desired output.
If a firm uses two inputs, labor and capital, that can be bought
at fixed prices P(L) and P(K). We can find (for any amounts of the inputs) the marginal
product of, say, L as the increase in output achieved from employing an extra unit of
labor, holding capital constant. The marginal product per dollar spent on labor is
therefore MP(L)/P(L). This is the increase in output the firm can achieve from spending
another dollar on labor. Similar definitions hold for capital.
Answer: Gestures/Nonverbal Communication
Explanation:
1- Gestures, which are a form of nonverbal communication are ways of conveying a message without the use of words. They are used across the globe and each culture has unique gestures that convey different type of messages.
2- Gestures may vary across cultures: A gesture that in America may convey a positive or a neutral message, can be perceived as rude in a different context. For instance, in western cultures, sticking your tongue out is perceived as a mockery but in Polynesia this is considered a greeting and a sign of reverence.
3- In this case, then president George H. W. Bush was not aware that the gesture he used conveyed a different message in Australia.
One event is that they did human sacrifice and POW would be killed for it. this could cause a decrease in population
