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The answers are the 3rd box and 2nd box.
Hope this helps,
kwrob
Answer:
depend heavily on the contextual information that defines whether that outcome is a gain or a loss.
Explanation:
Hello! Behavioral economics seeks to understand people's actions in a more “human” way, understanding that people act in one way or another (not always rational) based on different “ biases ". The idea is that we make decisions that maximize our well-being, such as earning more money.
Thanks for your question!
Essentially, an "invisible hand" would stabilize and help the economy by maintaining the equilibrium between supply and demand. It supports the idea of capitalism because that's the ideal way a free market would function. Hope this helped :-)
Answer:
If the price is expected to drop, current demand will fall
Explanation:
Demand is the amount of a product a customer is willing and able to buy at a particular price. When the price of a good is expected to drop in future, consumer tend to purchase less of the good at that time because they will want to keep the money until the prices fall to enable them purchase more of that good.
Best wishes!
