Answer:
Option D
Explanation:
The endowment effect is a finding in psychology and behavioural economics that states people are more likely to hold on too an object they own rather than taking that same object which they don't own. Just like I have a pen ,a blue pen to be precise, then I saw the same pen on the floor, instead of me taking that on the floor, I decide to hold on to the one I have other than taking that which is in the floor,this is called endowment effect. Option d explains more better.
The correct answer is tropical rain forest.
Answer:
herd behavior
Explanation:
Herd behavior is a type of behavior whereby people adopt the values of a group or those in the group, without taking into account their own thoughts and feelings. It depicts the kind of relationship a sheep has with other members of the flock, where they follow blindly because others are doing it.
Herd behavior results when individuals suppress their thoughts or lack the ability to be introspective about certain activities carried out by people around them, this makes them act just like people around them or people in the group.
For example, a group of teenagers buying a type of gadget, but for the fear of losing out, even someone who can't afford it could spend their last dime to get that gadget.
Answer:
D. explains patterns of trade based on factor endowments
Explanation:
Factors of endowments has a similar meaning to factor of productions, which consist of land, workers, materials, and entrepreneurship skills that are owned by a country.
According to the theory of comparative advantage, a country tend to focus their production on things that they can make on a relatively low cost.
The more Relevant materials, workers, skills and land that the country has, the more efficient they are in producing their goods. This will bring the total cost of production down and give them advantage over another country.
ACROSS
7. Legislate
13. Parliamentary government
14. Autocracy
15. Autocracy
16. Mixed economy
17. Federal government
DOWN
1. The free enterprise system
2. Unitary government
3. Separation of powers
4. Public policy
5. Legislative
6. Democracy
8. Oligarchy
9. Government
10. Constitution
11. Dictatorship
12. Judicial
I hope that helps! :)
