The Insolation Received at Earth's Surface Is

question 86

Multiple Choice

The insolation received at Earth's surface is

• A)usually low at the equator.
• B)generally greater at high latitudes because of daylength.
• C)greatest over low-latitude deserts with their cloudless skies.
• D)inadequate to sustain life.
• E)equal to that received at the top of the atmosphere.

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Definitions:

Behavioral Economics

A field of economics that examines how psychological, social, cognitive, and emotional factors influence the economic decisions of individuals and institutions, and how those decisions vary from those implied by classical theory.

Loss Aversion

In prospect theory, the property of most people’s preferences that the pain generated by losses feels substantially more intense than the pleasure generated by gains.

Behavioral Economics

A field of economics that studies how psychological, cognitive, emotional, cultural, and social factors affect economic decisions of individuals and institutions.

Loss Aversion

A cognitive bias where individuals fear losses more than they value equivalent gains.