Answer:Substitution effect is greater than Income Effect
Explanation:
When there is increase in supply of labor as the wage rate increases then substitution effect dominates over Income effect.
on the other hand, When supply of labor decreases as the wage rate increases then income effect is stronger than substitution effect.
Here in this case with the increase in wage rate there is an increase in working hours. Therefore Substitution effect is greater than Income Effect
Answer:
I think it's the last one.
Explanation:
Answer: Relative deprivation principle
Explanation: It is a principle that leads to a feeling of frustration due to the feeling of relative deprivation. So the feeling of relative deprivation gives us the impression that we are deprived something when we compare ourselves to others. Because of this, we may feel that in some ways we are worse than others, which in fact leads to frustration. According to psychologists, this is not so rare in humans, on the contrary, you don't have to worry about it because it's a normal feeling in humans. This sense of relative deprivation may also be the result of our perception, so it may not be based on real facts, although it is possible, but in any case it is not uncommon.
Answer:
<em>b. confirmation.</em>
Explanation:
<em>Confirmation bias:</em> In psychology, the term confirmation bias is also known as confirmatory bias. It is defined as the tendency of the human being to grasp, favor, recall, interpret, and search for a piece of particular information in such a way that can strengthen and confirm his or her preconceptions, hypothesis, and personal beliefs that can often lead to a statistical error. Confirmation bias is considered as one of the cognitive biases.
<em>In reference to the question, this exemplifies confirmation bias.</em>
Answer:
Neap Tide
Explanation:
A neap tide occurs when the Moon and the Sun are in quadrature. This condition is the time at which the line from the Earth to the Moon is at right angles to the line from the Earth to the Sun. Thus, the tide-producing effects of the Sun and the Moon cancel each other.
