The choice of <u>dedicating all the available resources to the production of only bagels</u> presents the lowest opportunity cost.
The expected profit per unit is the only data provided about the production process in the pastry shop. Therefore, those the two figures provided already contain information about the production costs of donuts and bagels, the market prices and the sold quantities, in order to deduce the profit that each product would generate.
In this situation, as the bagels make a higher profit per unit, the best option for the company would be chosing to dedicate all its resources to the production of bagels, because if not, when selling a donut the opportunity cost per unit of product would be 0.25, plus the things that the company will not be able to purchase that would have been possible if they had those extra 0.25 per unit.
In Simons and Chabris’s (1999) experiment, participants are focused on a challengingperceptual task, counting the white team’s basketball passes while ignoring the black team’s basketball passes. Because of the challenging nature of the task:
A. Inattentional blindness is more likely to occur
B. Attentional capture of irrelevant stimuli is more likely to occur
C. Attention shift capacity is less likely to occur
D. The spotlight model of attention is needed to explain the data
Answer:
A. Inattentional blindness is more likely to occur
Explanation:
Inattentional blindness often referred to as Perceptual blindness is a term in psychology which describes the failure of an individual or observer to notice or perceive a fully visible but unexpected object, due to the attention being given or channeled to another task at that moment.
This is a phenomenon that was first coined by Irvin Rock and Arien Mack, in 1992, both are psychologists.
The most common experiments demonstrating inattentional blindness is the "invisible gorilla test" carried out by Christopher Chabris, Ph.D. and Daniel Simons, Ph.D.
The correct answer is the first one! Excise tax is specifically a tax that only applies to a particular class of goods, such as for example gasoline and tobacco
Answer: Utilitarians
Explanation:
Utilitarians are the people who believe in increment in happiness and improving welfare of the person who is affect or suffering.Any act that causes suffering and sadness is indicated as bad act by utilitarians.They also believe in making choices that makes people happy and provides benefits as the good deed or action.
According to the question,utilitarians would be most likely agreeable on the idea for removal of imbalance in society income as it would be beneficial act for all the people of society and induce happiness.
