Option A. It is a process by which consumers interpret information in ways that are biased by their previously held beliefs.
<h3>What is selective distortion?</h3>
This is the term that is used to refer to the way people reason using their subconscious mind.
This type of reasoning happens as a person would try to make new information to fit with the old reasoning they have.
Read more on selective distortion here:
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Answer:
The correct answer is option 'B': The 24 hours that comprise a day
Explanation:
For comparison between 2 random variables only those values can be said to be identical that have the same values.
From the given options if we compare Joe and Bill Gates we conclude
1) The 2 person's are not identically limited by wealth as the wealth difference can be large.
2) Similarly they can have a vast difference in their knowledge.
3) Person that has larger wealth and knowledge will naturally have larger influence.
Now since the length of a day is 24 hours and this is a universal truth no matter what the circumstances we conclude that they both are limited by this parameter no matter whatever be the difference between the 2.
Answer:
a decrease in the demand for money
Explanation:
As the money is now more expensive because, holding cash in hand means not capitalize with the interest, the agents (families and business) will try to not have liquid money but, invest to achieve the better yields.
First and last I just took the test
Answer:
It is provided that the consultant works for $200 per hour.
Since, for the exchange of her services as a consultant she gets to be paid through $200 monetary benefit, such benefit will not arise in case of growing of vegetables.
Currently she grows vegetables only for her needs, thus, she do not sell them commercially, and also as provided she is not good ion growing vegetables,
The chances of earnings through sale of vegetables is less, as the quality and quantity both served will be low.
Also for exchange of money $200 she can buy all the resources she needs to live, but as she will not be able to earn this much from sale of vegetables, she will not find the economic equilibrium from such sale.
Therefore, she should continue to work as a consultant.
