Explanation:
Financial resources affect the development of a country in the following way: a) Development of economy - Financial resources lead to development of economy of the country, leading to generation of employment opportunities, reduction in poverty and overall nation's development
Answer:
usually have clear memories of the hypnotic experience and are in control of their own behaviors
Explanation:
During the hypnotic process, subjects are put into a trance state where they will experience a heightened focus and concentration. This will make them become more responsive to suggestion. Which is why this often used as a long-term therapeutic method to change a certain behavior.
Despite this icnrease in responsiveness, the subject wll still have the final say regarding whether they will follow that suggestion or abandon it.
The false perception that most people have regarding hypnosis. derived from the entertainment industry. They constantly shows this plot where the characters forget their expeirence and can completely do somethign out of their will due to hypnosis.
Answer:
b. the marginal social benefit to exceed the marginal private cost of the last unit produced.
Explanation:
<u>Positive Externality-</u>
Positive Externality occurs when production or the consumption or of the good causes benefit to the third party.
For example, when the individual consume education in order to be uplifted and get a benefit but this education also benefits the society by uplifting the whole society.
<u>Positive externality causes the marginal social benefit to be greater than the marginal private benefit.</u>
Answer:
The planning fallacy
Explanation:
The planning fallacy concept was first given by Denial Kahneman in 1977.it is the most universal and consistent demonstrated cognitive bias that most people do have. There is common misconception related to the planning fallacy is that people underestimate the time, cost and risk that it will take to do something, If they have already experience about the task entails. It is an overly optimistic plan.
<u>For example:</u> A house can be built on time, if there is no payment delay, no employee absences, no hazardous weather conditions. But there is most probably chances of one condition that can occur.
Underestimate the fallacy will lead a project in delaying. Optimism is a great quality but sometimes it creates hazardous when you underestimate time and cost and will leads to the in-completion of the projects.
I wanna say the Romans if im wrong PLEASE feel free to correct me.
