Answer:
d. both the income and substitution effects encourage the consumer to purchase less of the good.
Explanation:
The income effect is the effect on the income when there are price changes. When the price increases, people can buy less products with the same income which means that the consumer will be encouraged to purchase less goods.
The substitution effect says that an increase in the price of a product will make customers to buy other similar products which will make them to purchase less of the good with the higher price.
An in-group bias. Because the boys are on the team, they think of themselves more highly than outside groups.
You didn't provide the resume but what shouldn't be found on a resume is anything that is not related to the job itself. For example, if you're applying to be a teacher, putting that you worked as a waiter in a restaurant might not be useful because it's not relevant for your profession. Also, obscure personal things should probably be excluded like for example saying that you are a professional bagpipe musician since it would seem a bit odd to the employer in the regular job market.
Answer:
Constraint
Explanation:
The meaning of a constraint is a guideline which has a place with recommended limits and there are four primary sorts of imperatives which are the money saving advantage relationship, materiality, industry practices, and conservatism, and these requirements are likewise bookkeeping rules which fringe the chain of importance of subjective
Answer: Deductible
Explanation:
Deductible is a specified amount of money an insured individual must pay before an insurance company will pay a claim.
It should be noted that in insurance policy, deductible simply refers to the amount that is paid by the insured before the expenses incurred by the person will be paid by the insurance company.
For example, is there is a $3000 deductible for a particular plan. One has to pay the $3000 first before before the insurance company settles other things.
