Answer:
A Velben good
Explanation:
A Veblen good is a type of luxury good for which the demand for a good increases as the price increases, in apparent (but not actual) contradiction of the law of demand, resulting in an upward-sloping demand curve.
Answer:
Conjunction Fallacy.
Explanation:
Conjunction Fallacy is a faulty reasoning which occurs when one assume that a conjunction of two reasons is more probable than one of the two reasons or occurring of those two events separately.
This further brings to fallacy when one assumes that complex details are more presumed to be true than the general ones. This fallacy is also known with other name, that is, Linda Problem.
So, the correct answer is Conjunction Fallacy.
The most obvious reason for conservation is to protect wildlife and promote biodiversity. Protecting wildlife and preserving it for future generations also means that the animals we love don't become a distant memory. And we can maintain a healthy and functional ecosystem
The correct answer is actually industrious or inferior. That's why when they group up there is often a clear hierarchy among the children as to who will be the leader and who will be the follower in things like various games or sports activities.
