Answer:
Availability.
Explanation:
This is explained as the ability to process information that comes to the mind immediately trying to think lesser or neglect that which is not yet in mind. That was what Dave, could not phatom in the above description. This phenomenon ends up making people often judge the likelihood of an event, or frequency of its occurrence subtly with which instances and scenarios come easily to mind.
In business dealings for example, an over-estimation can be the likelihood of attacks by sharks or list accidents. Also, some smokers may see one elderly heavy smoker and exaggerate the likely healthy life expectancy of this group.
Answer:
The correct answer is the first option: Higher prices and higher total revenue from marijuana sales.
Explanation:
To begin with, the fact that the demand would be inelastic would implicate that no matter how much the price rises the variation in the amount of quantity demand would be minimun so that would means that if the price increases then the consumers will keep buying the product and that is why that the total revenue will increase overall. Moreover, if the supply of the product is totally elastic then that would means that the sellers would try to offer the product as much as they can and they would be influenced by the demand as well.
The type of organizational-level reward in which employees receive a percentage of the organization's previous year's profits is called a profit sharing.
Profit sharing is a system where employees are paid a portion of the net earnings of the firm they work for, according to a predetermined written formula. These payments, which may differ based on salary or compensation, are separate from and in addition to ordinary income.
Profit sharing refers to various incentive programs that companies have implemented that give employees direct or indirect compensation based on the company's profitability in addition to their base pay and bonuses. These schemes often involve the distribution of shares to employees in publicly traded corporations.
Learn more about profit sharing here
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Answer:
This change in the tax treatment of saving causes the equilibrium interest rate in the market for loanable funds to <u>DECREASE</u> and the level of investment spending to <u>INCREASE</u>.
Explanation:
Since the tax rates on savings decreased, more money will be available for saving which will increase the supply of loanable funds. When the supply of any good or services increases, its price decreases. In this case, the price of money is the interest rate.
Since the interest rate decreases, the total quantity demanded for loans will increase, increasing the level of investment spending.
Answer:
When doing so, trend is Important or advisable