Answer: In accordance with the neoclassical economics, the monetary value of a commodity or service is considered as the price of the commodity in an open market. This value is generally determined by the forces of demand and supply , i.e the demand for the commodity relative to supply. Several neoclassical economist evaluate the value of a product or service with the price, irrespective of the market being competitive.
Answer: Authoritarian parent
Explanation:
An authoritarian parent is known to be a type of parent who demands that all his rules must be obeyed and observed by his child (ren). Failure to obey the rules often leads to punishment which might inflict pain or damage on the child’s body. Parents who practice this style of parenting do not give room for open discussion with their children but instead expect total obedience to the rules they make. Thus, an authoritarian parent does not care about his or her children’s emotional needs.
Answer:
Case study
Explanation:
A case study is a kind of study used in social sciences in which the researcher observes an individual/group/event in a very in-depth manner. Case studies give a lot of information about the person or group who is being studied and let the researcher make causal inferences (because of the in-depth observation) and the researcher gets a better understanding of the situation.
In this question, the psychologist faces an ethical dilemma of needing to remove a potentially beneficial treatment. However, using a case study, she wouldn't need to do so because she could observe the autistic child in his environment without changing it, because the case study is an observing explanatory study. Therefore, the ethical dilemma would be eliminated and she could draw conclusions from the study.
Answer:
Local: Many local businesses that are on the water during an algae bloom get less traffic at their store and have to deal with the fact that they are losing customers during this time.
State: Many tourists avoid the coast that has the algae bloom because getting in the water poses as a harm to them. Sometimes, if it gets too intense, the state might have to release algae bloom warnings that requires everyone to stay out of the water.
National: Some seafood comes from Florida and algae blooms can kill wildlife off, making it contaminated and unsafe for human consumption. This can hurt seafood sales around the nation.