In economics, the term marginal<span> is used to indicate the change in some benefit or cost. when an additional unit is produced. For instance, the </span>marginal revenue<span> is the change in. total </span>revenue<span> when an additional unit is produced.</span>
Management in the office and budgeting is basically planning. The purpose of planning is to maximize the resources you have for you to gain and profit. Having a strategy is the best way to gain profit in the field of business.
<em>I personally communicate my thoughts by saying how I feel to people around me with all honestly. </em>
<em>I am a very open and honest person. I always say how I see things and how I feel about a person, event or certain matters. But I have to be careful on the choice of words that I will say because not all people will be happy to hear my thoughts. I learned to be more sensitive with exercising my rights to be honest and open to others. I also approach people in the right time and venue to make them comfortable in awful situations and relax in embarrassing situations.</em>
Answer:
b. The availability heuristic
Explanation:
In psychology, the term <u>availability heuristic </u>refers to the tendency that people have to rely on immediate examples (usually close to them) when they have to evaluate a broader topic or concept. In other words, people make judgements based on specific examples that come to their mind.
In this example, two of Mariah's friends lost their jobs. Now Mariah is grossly overestimating the national unemployment rate. We can see that <u>Mariah is relying on immediate examples like what just happened to her two best friends to form an opinion on the national unemployment rate. </u>Therefore, this would be an example of availability heuristic.
