Answer:They discourage imports by making them costlier
Answer:
Stan's behavior demonstrates time inconsistency.
Explanation:
In Economics, time inconsistency is the change that occurs in a person's preferences over time. That change leads the person to reach a different evaluation when it comes to the costs and the benefits of a decision. In Stan's case, he seems to be prioritizing his time. He even complains that he never has enough time to finish all his homework. We can assume, from his complaint, that he wishes he had the time. Yet, at this very moment, he has chosen to watch three movies instead of doing his assignments. His current decision is inconsistent with what seems to be his preference. Clearly, he believes the benefits of watching the movies to be higher than the costs of not doing his homework. At this moment, therefore, there is an inconsistency between his preferences.
Answer: He should be left alone
Explanation:
I will let Toby's parents know that Toby is passing through an important developmental phase. At age 3, children starts explore their environment and starts understanding their body and mind.
They move around playing and jumping and becomes more imaginative while playing. For example, the child might assume he's playing with friends or pretend he's a doctor.
He should be left alone to explore his environment as it is a vital development phase that he has to pass through.
