The component of conformity that may be at work in the search in a group for guidance is social norms.
<h3>What is Conformity?</h3>
This refers to the action of having a group attitude towards various situations and social norms.
Hence, we can see that because there is like-mindedness in the group of people in a new or ambiguous situation and they do not know how to proceed, then they would look for guidance from the group and this is known as social norms.
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The items that are considered low risk investments are bonds. Bonds are debt investments where an investor can loan to either the government or big corporations where they can borrow the funds for a specific time frame at a variable fix interest rate.
The correct answer is C: 90 percent of Iranians are Muslims, of Shia branch. Further 9 % of Iranians are Sunni, which makes 99% of Iranians Muslim! There is also a very small Christian community.
Correct answer choice is :
<h2>A) The law states that price decreases lead to greater demand and limited supply, which occur during excess demand.</h2><h2 /><h2>Explanation:</h2><h2 />
The law of demand states that conditional on all else being equal, as the price of a good increase, quantity demanded decreases; conversely, as the price of a good decrease, quantity demanded increases. The excess stock makes the price to fall and quantity demanded to rise. A reduction in supply will make an increase in the balance price and a decrease in the equilibrium amount of a good. Excess demand makes the price to rise and quantity demanded to decrease.
