Justin Beiber was born on 1 March 1994
Answer:
Rob never thought to use his rolling pin because of e. functional fixedness.
Explanation:
Functional fixedness is a type of cognitive bias. Functional fixedness means a person is unable to see another use for an object other than its traditional use. This inability prevents a person from finding creative solutions and alternatives when dealing with issues. Rob could very well have used his rolling pin and saved himself some time and money by not leaving home to buy a cooking mallet. However, due to functional fixedness, he could not see another use for the rolling pin besides the one that is traditional.
Answer:
Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.
In a mixed economic system, most economic decisions are made by consumers or sellers, but some economic decisions are made by the government, such as those dealing with safety regulations, infrastructure (e.g., roads), education, military spending, and certification and business licensing.
Money helps to facilitate trade. Money is a medium exchange because buyers and sellers agree to its common value. Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.
Explanation:
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