Answer:
Bounded rationality.
Explanation:
Tonya was feeling the effects of bounded rationality. According to Herbert Simon, people’s rationality is limited when making a decision. The rationality is limited by the information the person has, by the cognitive limitations and the time available to make the decision. In this case, if Tonya had been really rational she would have chosen the overseas company. However, she lacked information about shipment and that uncertainty led her to choose the domestic company instead, even if it had many disadvantages.
I would say
Slightly agreed
Answer: High living standards enables citizens to carry out investments in their nation which directly leads to the future growth of a particular nation.
Explanation: High standard generally refers to wealth, comfort, material goods and necessities of certain classes, it could as mean the economic ability of an individual to buy whatever he wants.
In countries with high standard of living individuals have vast economic strength, so they can easily start up any business they desire. These businesses either large or small are building blocks for effective growth of economies of countries.
Answer:
Linking good fortune with virtue and misfortune with moral failure enables fortunate people to feel pride and enables unfortunate people to avoid responsibility. This is an example of the just-world phenomenon.
