A business owner would most likely create a cooperative instead of buying franchise because : Cooperatives make it easier to acquire supplies while franchise came with supplier relationships already in place
Franchise need to maintain the quality of their product even though that company transfer the production process to others. Therefore, they usually came with a predetermined supplier relationship
Answer:
Option b=> three times the annual cost of a thrifty food budget for an urban family of four.
Explanation:
In the United States of America or any country in the world, there is a need for the government to know the poverty line of citizens in the country so as to know how to prepare or create something to reduce the rate of poverty in the country.
The term "poverty line'' is also referred to as poverty threshold. The poverty line shows the point or level of income that one has to have in order to cater for their need because people that falls below the
poverty line find it difficult to cater for their needs.
"The poverty line is defined as three times the annual cost of a thrifty food budget for an urban family of four.''
Answer:
Optimism bias.
Explanation:
The concept of optimism bias was developed by Weinstein in 1980 while researching on college students. It is also known as 'mistaken beliefs'.
Optimism bias can be defined as a cognitive bias, according to which a person tends to believe that the chance of experiencing negative events is less or low and chances of experiencing positive events are high for them in comparison to their peers.
There are pros and cons to such types of beliefs as people are less likely to assess any risk which will lead them to poor decision making. Though, optimism bias can also help to build self-esteem.
<u>In the given case, when people compare themselves with their peers and believe that the probability of negative experience in their life is less and positive experience is high is </u><u>due to optimism bias</u>.
According to my knowledge this is the answer:
Rule of law is one of the most important pillar of Constitution.
Rule of Law is something which opposes common man's rule and supports Government's rule. This is actually necessary for maintaining peace and stability in democratic countries like India.
