The producers can create their maximum combination of goods,
as long as the producers address the consumer desires. In this way, they may
likely be efficient with the resources they get and use in a way of creating
goods that will be useful and that it won’t go to waste.
Answer:
The hypothesis that will best demonstrate an economic benefit to the ranchers will be "Pastures with the highest diversity of plant species will have the highest net primary productivity."
Explanation:
This hypotheses would best demonstrate an economic benefit because it clearly states that when plant species are diverse, this will provide the highest net productivity to the ranchers. Hence if the aim of the student is to determine if increasing species diversity of edible plant would lead to great economic benefits, then this suits for the hypotheses.
Answer:
The answer is D
Explanation:
Katelyn is not putting any effort to do the job by not contributing, but still gets rewarder for the high grade. A free rider is someone who takes credit for a job the person did not do. Katelyn is taking this type of credit, so she is a free- rider.
Answer:
Representative heuristics
Explanation:
Representative heuristics is the mental shortcuts that are used in making the decision and judgments. It is also called a thumb rule called heuristics. Many times we are in a hurry and we don't have time to compare all the information with the past information to make the choices. So the heuristics help us in making the decision quickly and instantly. But this type of decision leads to cognitive error or biases. This heuristics is specially making for the judgment when we compare the events with the pre-existing heuristics in our mind. Our prototype is the image that we already stored in our mind related to a specific events.
