Answer: Hasty generalization
Explanation:
Hasty generalization is known to be a type of fallacy in which an individual make conclusion as a result of inadequate facts or information without ascertaining if it is true or not. It is when a person relies on small samples instead of the whole samples in making judgment. It is also known as over generalization fallacy. Thus, it is a decision reached by an individual due to impatience and so on.
The researcher is guilty of of using hasty generalization in reasoning.
Answer:
C. You have a comparative advantage in picking apples
Explanation:
Opportunity cost is the cost of next best alternative foregone while chosing am alternative.
Comparative Advantage refers to when one can do a task with less opportunity cost (other output / task sacrificed).
Opportunity cost of apples picked is the cherries sacrifised . If 'I' can pick apples at lower opportunity cost (sacrifising lesser cherries), i am more efficient in picking apples . So, I have Comparitive advantage in apple picking, than my neighbour .
There is no sufficient information about my neighbour's opportunity cost of picking cherries and his/ her comparitive advantage in that . And apple cherry trade between me & my neighbour will also be based on his / her comparitive advantage also. So that also can't be determined .
Only my comparative advantage in apples is surely determined .
Answer:
<h2>To recap: currency evolved from barter, to bartering with set mediums of exchange, to coins representing exchangeable goods, to coins stamped in precious metal, to paper representing coins, to notes representing gold or silver, to being redeemable exclusively for gold, to the end of the gold standard.</h2>
