Answer:
A. situations in which people make choices that do not appear to be economically rational.
Explanation:
Behavioral Economics studies how the effect of emotional, psychological, cognitive, social and cultural factors relate to the economic decision making processes of institutions and individuals.<em> It aims to understand why we make irrational decisions.</em>
Considering this infromation we can conclude that the correct answer is A. situations in which people <em>make choices that do not appear to be economically rational. </em>
I hope you find this information useful and interesting! Good luck!
Answer:
The market price of the product will fall in response to the subsidy.
Explanation:
buyers can end up capturing some of the benefit because the market price of the product will fall in response to the subsidy. the market price of the product will rise in response to the subsidy.
Answer: Inventory will fluctuate significantly during the year
Explanation:
If a make-to-stock manufacturing firm with highly seasonal demand follows a level production strategy, then the inventory will fluctuate significantly during the year.
When using a level production strategy, it should be noted that there will be an increase in the inventory during when there are low demand while there'll be a reduction in the inventory during the periods of high demand.
<span>The answer is "supervisors and independent contractors." These workers are exempt from the labor law protections because they have more leverage in deciding their working conditions, or in the case of domestic workers, have an occupation that by its nature requires certain hours.</span>
