Answer:
An indifference curve describes how a consumer is indifferent to goods and services and its various combinations at a given total earnings. Demand and consumption forms the primary base of the indifference curve and the curve is usually drawn from the position of the customer involved.
PPC means production possibility curve and it helps in the enlightenment of the production possibilities of two different set of goods. Production, technology and available resources forms its primary base and the curve is usually drawn from the position of an economy in perspective.
Answer: Variable-ratio
Explanation:
Variable ratio schedule is defined as reinforcement schedule in which a response is reinforced after uncertain or sudden number of responses.It has the ability to generate high rate of response system with unpredictable factor. Example of variable ration schedule can be gambling game etc.
According to the question,Steve is reinforced into variable ratio schedule as chances of getting reward is uncertain because reward is given for assignment after number of assignment passes without any reward by instructor.
Answer:
Gold, silver, and furs attracted European exploration, colonization, and competition in the New World.
Explanation:
a) gold
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