Answer:
A liquidation.
Explanation:
Liquidation can be described as a process of ending a business. It involves selling off the company entire assets inorder to settle debts.
Liquidation occurs when a company lacks sources of revenue and can no longer function properly, hence there is a need to close up the business and pay off creditors.
Bankruptcy occurs when a company is unable to pay back their outstanding. Filing for bankruptcy helps to company to make different plans on how the various debts incurred will be paid back to the various creditors.
Answer: a. the servers thinks demand for drinks and food is elastic.
Explanation:
Elastic demand is an economic concept that refers to the effect price has over the amount of a product consumers are willing to buy.
The law of demand affirms that the amount of purchases has an inverse relationship with the price, meaning that if prices rise, people won´t buy as much. The elasticity of demand allows us to estimate how much the purchases will decrease if the price increases, and vice-versa.
This best illustrates the impact of overconfidence.
<h3>
What does superficial understanding mean?</h3>
- You dislike someone who is shallow since they do not think deeply and have little comprehension of anything significant or vital.
- A superficial spill is one that does not reach very deep into the water.
- A superficial person is someone who is mainly concerned with how they and others appear.
- Quick and to the point.
<h3>What is overconfidence?</h3>
- The overconfidence effect is a well-known bias in which a person's subjective confidence in his or her judgments is consistently greater than objective accuracy, especially when confidence is quite strong.
- Overconfidence is one example of subjective probability miscalibration.
Therefore, people with a superficial understanding of proposals for political change often express immoderately strong pro or con views. This best illustrates the impact of overconfidence.
Know more about overconfidence here:
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Correct question:
People with a superficial understanding of proposals for political change often express immoderately strong pro or con views. This best illustrates the impact of ________.
According to the learned helplessness model of depression, some depressed people : A.<span>think they have no control over the outcomes of events they experience
A depressed people tend to have a low self-worth and believe that nothing they do could affect the outcome of their situation. This make them become unreliable to work in a team and make other people tend to be discouraged to work together with such people.</span>