Answer:
The planning fallacy
Explanation:
The planning fallacy concept was first given by Denial Kahneman in 1977.it is the most universal and consistent demonstrated cognitive bias that most people do have. There is common misconception related to the planning fallacy is that people underestimate the time, cost and risk that it will take to do something, If they have already experience about the task entails. It is an overly optimistic plan.
<u>For example:</u> A house can be built on time, if there is no payment delay, no employee absences, no hazardous weather conditions. But there is most probably chances of one condition that can occur.
Underestimate the fallacy will lead a project in delaying. Optimism is a great quality but sometimes it creates hazardous when you underestimate time and cost and will leads to the in-completion of the projects.
<span>The fact that Trina
is outgoing, warm, and truly inspirational when she talks about where
she wants to lead her division and her employees seem eager to do anything
she asks means that Trina has referent power. Trina has this type of power because of her personality and not her position.
</span><span>It is derived from one's personal attraction and
characterizes strong, visionary leaders who are able to persuade their
followers by dint of their personality, attitudes, or background.</span>
The following statement is not true - anthropologists can only study, they cannot apply their understanding of humanity to practical situations or to helping societies.
There is a sub field of anthropology called applied anthropology that is dedicated to applying what is learnt through research of cultures, societies and human behavior to help societies and communities, to further educate people about humanity, for practical situations and solutions to possible problems. Anthropologists can study and put into practice what they learn and discover.
Answer:
≅ -1.7.
Explanation:
Let's calculate the change in quantity:
Let's now calculate the change in price:
Finally, let's calculate the price elasticity of demand:
I think your answer is D.) Labor Unions although if this is incorrect please let me know so I can research more on the subject.
