SOCIAL STUDIES HIGH SCHOOL

Your​ roommate, Serafina, a psychology​ major, said,​ "The problem with economics is that it assumes that consumers and firms always make the correct decision. But we know that​ everyone's human, and we all make​ mistakes." Do you agree with her​ comment?

Answers

Answer 1
Answer:

Answer: I would disagree

Explanation:

Economics is the study that defines about products and service that are produce, regulated, consumed and distributed. Economic agents are the factors that regulated the field of economic  along with the behavior and link displayed by customer and firms.

They maintain rationality through making decision based on possible growth,cost and benefits as per economic knowledge.

Therefore, roommate's statement is incorrect that economic field assume of making best decision rather the try to make possible beneficial decision considered all the factors.

Related Questions

Sun Yat-sen's Four Point Plan was based on the Three Principles of the People which were _____. Nationalism, Socialism, and Democracy Socialism, Democracy, and Communism Democracy, Communism, and Nationalism Communism, Nationalism, and Socialism
Which of the following officers is most likely to be involved in a use of force incident? Select one: a. a 35-year-old, Black, female officer, with 10 years of experience, working afternoon shift, ticketing cars b. a 25-year-old, Black, male, rookie officer working night shift, and making an arrest c. a 30-year-old, White, female with 5 years of experience, working day shift, and performing a well check d. a 40-year-old, White, male officer with 20 years of experience, performing pedestrian stops
Deciding how to get home is considered a routine decision.a. Trueb. False
Which of the following does that US Constitution allocates te power to make laws?.A: executive branch . B: legislative branch . C: judicial branch. D: agencies and bureaucracies of the federal government
Most bills in Congress are handled by __________.

The UN General Assembly includes representatives from all member nations.

Answers

Yes, this is true!
Currently it's 193 member states that have their representatives in the UN General Assembly - and each country has an equal representation, regardless of size and population.

Some countries have an observer status for example The Vatican and Palestine

Answer:

The answer is true

Explanation:

If an applicant is experienced, has a solid work history, and is staying within her field, the most effective format for her resumé would likely be _____.chronological
functional/hybrid

Answers

The correct answer for the question that is being presented above is this one: "chronological." If an applicant is experienced, has a solid work history, and is staying within her field, the most effective format for her resumé would likely be chronological.

Which of the following is not included in an admission and enrollment policies handbook for parents?a. Hours of operation
b. Rights of the employer and the worker
c. Financial policy
d. Orientation policy

Answers

The answer is B. Rights of the employer and the worker. The hours of operation, financial policy and orientation policy are included in the admission and enrollment policies handbook for policies. The handbook only involves the parents, children/students, the school environment and staff.

What are some of the reasons why people may not talk to babies as much today as they used to?

Answers

Baby talk may cause the difficulty of the child to speak his/her language proficiently.

Prepare a catchy slogan against drug addiction​

Answers

Answer:

Don't do drugs instead give hugs.

Explanation:

If its 8:00 am in New York what time is it in Madrid, Spain?

Answers

2 am, New York is 6 hours ahead of Madrid, Spain
Other Questions
__________ is an example of a nationally divided state. France Germany Canada Sweden
Which of the following is the best example of a command economy?A. European monarchies of the Middle Ages B. Cuba under the leadership of Fidel Castro C. the Amish communities of North America D. the capitalist democracy of the United States User: Complete the list of the four economic systems: command economies mixed economies traditional economies _____________________ A. freedom economies B. market economies C. capitalist economies D. socialist economies
Which Legalist scholar dismissed the Confucian belief that government could be based on virtue, arguing instead that rulers should establish a code that enabled control of subjects through punishment and reward?
Charlene typically goes along with what her group of friends wants and asks of her. However, one day she refuses to meet them for smoothies after class. Chances are, Charlene will face little retribution for this as long as she has enough __________.