Which foot of a rabbit is lucky?

Which foot of a rabbit is lucky? Thousands of years ago, people in Western Europe were toting around the foot of a hare, the rabbit’s larger relative, because they believed the limb was imbued with magical properties. Eventually, both a hare’s foot and a rabbit’s were considered lucky. What animal’s foot is said to be […]

Which country invests more on human capital?

Which country invests more on human capital? In the first rankings, Singapore ranks first on the Human Capital Index. The 2020 ranking has Singapore leading again among 174 economies. What is investment in human capital? Human capital is an intangible asset or quality not listed on a company’s balance sheet. It can be classified as […]

What is stimulus response reinforcement?

What is stimulus response reinforcement? Skinner is based upon the idea that learning is a function of change in overt behavior. Changes in behavior are the result of an individual’s response to events (stimuli) that occur in the environment. When a particular Stimulus-Response (S-R) pattern is reinforced (rewarded), the individual is conditioned to respond. What […]

What happens when supply decreases and demand increases?

What happens when supply decreases and demand increases? If an increase in demand increases equilibrium price and a decrease in supply increases equilibrium price, then both together MUST increase equilibrium price. The demand shift results in a larger quantity, and the supply shift leads to a smaller quantity. What happens to demand when supply decreases? […]

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