"If you go to Home Affairs early in the morning you will be served quicker." This statement is an example of... A. the fallacy of composition. B. an application of the law of large numbers. C. the post hoc ergo propter hoc fallacy. D. the clear thinking of smart individuals who do things early.

Need help with this microeconomice question.

Describe three ways in which human decision making differ from the rational individual conventional economic thoery

please answer it legible and clear with complete solutiuon and asnwer it all...  thank you

A student trying to maximize her semester GPA uses all her time to study. She splits her time equallybetween studying for economics and literature. An extra hour spent studying economics will raise her GPA by 0.5. An extra hour spent studying literature will raise her GPA by 0.25. Should she use her time differently? Select one: a. With the given information, it is impossible to determine whether she should reallocate her time. b. She should not reallocate her study time at all. c. She should spend more time studying economics and less time studying literature. d. She should spend more time studying literature and less time studying economics.

1. What makes a certain behavior unethical? * a.If it might cause harm to yourself. b.If it might cause too much happiness to others. c.If it might cause confusion to others. 2.  A normative study of ethics, as is often done in philosophy or moral theology, engages the question: What could or should be considered as the right way of acting? Identify a good example that could illustrate what normative study of ethics is a .Ethics is based on the primitive practices of humans. b. Ethics is based on existing doctrines and tells us what is the prescribe human behaviors. c. Ethics is based on religious practices 3. What makes rule necessary for peace and order? * a.Rule forces people to comply with societal standards. b.Rule organizes moral development of the members of society. c. Rules guide people to do what they want and need to do. 4. Which of the following is a moral issue? a. A student finds naked painting offensive. b. A student confuse about his/her career. c. A student…

2. Your opportunity cost of going to a movie isa. thepriceoftheticket.b. thepriceoftheticketplusthecostofanysodaandp

Legislation to protect red-cockaded woodpeckers created incentives that resulted in premature harvesting of trees the woodpeckers like to nest in. This is an example of which of the following pitfalls to avoid in economic thinking? O the fallacy of composition O Association is not causation. O the use of ceteris paribus conditions in economic analysis O Good intentions do not always lead to desirable outcomes.

Would an op-ed piece in a newspaper urging the adoption of a particular economic policy be a positive or normative statement?

What are the benefits of The Rational Decision-Making Process?