Answer:
decision making
Explanation:
Decision making -
In the field of psychology , it is referred to as the cognitive process , where the selection is done from the various type of possibility , is referred to as decision making .
This process involves the method of identification and selection , from a group of various values .
Hence , from the given scenario of the question ,
The correct term is decision making .
He always will have only one option or one price. when there is a monopoly, the consumer can be consuming a bad quality product with a expensive price, and when happen a cartel the businessman won't have a competitor, because the product always be the same price. I hope I helped you.
The statement that the information from a balance sheet is helpful, although it doesn't clearly show whether someone can cover their liabilities in the short term is True.
The balance sheet is a financial statement that shows the assets and liabilities that are owned by an entity at any point in time. The balance sheet is compared against past records.
It does not have the potential to clearly show us if a company can offset its liabilities because some other important markers that can be used to calculate this are not clearly indicated in the balance sheet.
So, the statement above is true.
Learn more about the balance sheet here:
brainly.com/question/1113933
Inborn patterns of behaviour that are biologically determined rather than learned are known as: needs. instincts.
