________ Is the Field of Study That Applies Concepts from Social

question 33

Multiple Choice

________ is the field of study that applies concepts from social sciences such as psychology and sociology to help understand the behavior of securities prices.

• A)Behavioral finance
• B)Strategical finance
• C)Methodical finance
• D)Procedural finance

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Definitions:

Import Tariffs

Taxes imposed by a government on goods brought into its jurisdiction from foreign countries, typically used to protect domestic industries.

Consumer Surplus

The distinction between what consumers are willing and financially capable of paying for a product or service, and the actual expenditure.

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, due to higher market prices.

Import Quota

A government-imposed limit on the quantity or value of goods that can be imported into a country, often used to protect domestic industries.