This is an example of the Law of Diminishing Marginal Utility. This is when there is a diminishing marginal utility as the consumer consumes one more additional product. Marginal utility means the satisfaction the consumer gets when buying the product.
Answer:
Psycho-social
Explanation:
According to my research on studies conducted by various Psychologists, I can say that based on the information provided within the question Albert is most likely concerned with the children's Psycho-social development. Psycho-social is the study of an individuals thoughts and behaviors based on his/her social interactions.
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Answer:
its a subject ....is a study of economic ,business concepts....
In this scenario, Matt is most accurately classified as an <u>"environmental psychologist".</u>
Environmental psychology is an interdisciplinary field that spotlights on the interchange among people and their environment. The field characterizes the term condition comprehensively, including indigenous habitats, social settings, fabricated situations, learning situations, and educational conditions.
Environmental psychologists study the effect that conditions - characteristic and urban - have on human occupants. How people act, interface, and settle on decisions despite space and ecological occasions like a worldwide temperature alteration or topographical or climate fiasco is an expanding field of study.
Answer:
b. hedonic prices.
Explanation:
Hedonic prices -
It refers to the method by which the combined price of the goods and services are taken , in order to measure the implicit price of the non - market goods , is referred to as hedonic prices .
The model helps to predict the quantitative values for the environmental or ecosystem services which is capable to affect the market prices for homes .
Hence , from the given scenario of the question ,
The correct answer is hedonic prices .