Answer:
TRUE
Explanation:
Anchoring and adjustment heuristic was first developed by two Psychologists, named Amos Tversky and Daniel Kahneman. According to Anchoring and adjustment heuristic, as theorized by Amos Tversky and Kahneman, for an individual to make intuitive judgment and decisions, they tend to initially rely on information suggested by a reference or information that comes to mind first, this is referred to as “the anchor”. “The anchor” is the reference or starting point. And as time goes on, the individual would be exposed to additional information upon which adjustment is made until a satisfactory estimate is made.
The anchoring and adjustment heuristic is what Becky demonstrated as illustrated in the question above.
During the 1840's many came to California in search of gold. They began to come by wagon, horses, and foot. They came in large families and sometimes only friends.
Answer:
C. You have a comparative advantage in picking apples
Explanation:
Opportunity cost is the cost of next best alternative foregone while chosing am alternative.
Comparative Advantage refers to when one can do a task with less opportunity cost (other output / task sacrificed).
Opportunity cost of apples picked is the cherries sacrifised . If 'I' can pick apples at lower opportunity cost (sacrifising lesser cherries), i am more efficient in picking apples . So, I have Comparitive advantage in apple picking, than my neighbour .
There is no sufficient information about my neighbour's opportunity cost of picking cherries and his/ her comparitive advantage in that . And apple cherry trade between me & my neighbour will also be based on his / her comparitive advantage also. So that also can't be determined .
Only my comparative advantage in apples is surely determined .
to drop leaflets to alter the behavior of combatants a non-combatants in enemy controlled territory.
Demanded that the slaves obeyed every command word by word.
