Answer: "social proof" .
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Answer:
Law of Demand is the Economic principle that is demonstrated here.
Explanation:
As we know that ,
The Law of Demand is a fundamental principle of Economics which states that at a higher price consumers will demand a lower quantity of a good.
Here,
If the company Tesla is increasing its price then the consumer Abby will search for lower quantity i.e Abby will decide to buy a different car model.
So, The Economic principle that demonstrated here is Law of Demand .
For Aztecs it was easiest to have an agriculture based economy as they were based in a rich river valley and basin.
Explanation:
The Inca empire and civilization was located in the high mountains which are now the site of the famous Machu Pichu ruins left behind by them in the place they settled.
The Maya also were society that was primarily found inland.
It was the Aztecs who had mastered a form of sophisticated architecture and farming in the river basins and in the middle of the rivers too.
It ended up covering most of the Meso American area with how successful it became due to its economy based on agriculture.
Answer: C: The citizens of Athens stayed within an overcrowded walled city.
Explanation:
The Peloponnesian War had only been fought for a few years when farmers and other citizens who lived outside the city of Athens flocked to the inside for protection from the Spartans. The city had not prepared properly for this type of overcrowding. There was a shortage of food and clean water as a result. There was a lack of cleanliness. Athens was unable to get rid of all the waste that the mass of people was creating. This caused a plague.
Answer: <em>Escalation of commitment</em>
Explanation:
From the given case/scenario, we can state that this is an example of escalation of commitment. Escalation of commitment is referred as a behavior pattern under which a group or an individual that is facing exponentially negative result from an/a action, decision, or investment still tends to continue the path instead of changing course.
