The answer in the space provided is 1992, as the presidential
candidate responsible with the whiteboard that displays a reminder to the
campaign staffers that the economy is stupid was during the year 1992 and the
presidential candidate is Bill Clinton.
How far you have to drive to the store to buy an item impacts the consumption utility you associate with it.
This statement is FALSE.
Common utilities include water, sewage, electricity, gas, garbage and recycling. Technology subscriptions such as cable TV, internet, security, and phone services can also be considered utilities. Home utility bills are similar to apartment utility bills, with one major exception. Who will pay the utility bills?
Utility in economics refers to the benefit or enjoyment a consumer obtains from a service or product. The concept of utility is abstract, but it helps explain how and why consumers make choices. "Ordinal" utility refers to the concept that one good is more useful or desirable than another.
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A social learning theorist would use the concept of <u>observational learning</u> to explain how a child watching her mother engage in feminine activities would directly lead the child to acquire a feminine gender identity.
The process of learning via seeing other people's activities is known as observational learning. The desired behaviour is observed, remembered, and imitated. As children mimic the actions of adults, they engage in observational learning, sometimes referred to as shaping and modelling.
When a child watching her mother engage in feminine activities would directly lead the child to acquire a feminine gender identity ia an example of observational learning.
The value of observational learning consists in assisting people, particularly children, in developing new reactions by observing the behaviour of others. According to Albert Bandura, a person's surroundings may have an impact on their conduct. Through observing both bad and good actions, observational learning takes place.
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