Wham-o makes 3 plastic toys; hula-hoops (product h), strawshooters (product s), and wingdingers (product w). wham-o has 4 resource types that are used in production - the process times required to make each toy at each resource type (and the number of processors of each type) are shown in the table below. for example, hula-hoops must go through extrusion, forming and packaging (but hula-hoops do not require any process time at the "finishing" step). each resource is operated 10 hours each day.
for example, in one hour, extrusion can process 40 hula-hoops if it only works on hula-hoops (i. e., one every 3 minutes, so 20 per hour, for each of the two processors), or it can process 30 straw-shooters if it only works on straw-shooters, or it can process 60 wing-dingers if it only works on wing-dingers (alternately, it can process some combination of h, s, and w). if demand for hula-hoops and strawshooters is 0 units per day; and for wing-dingers is 400 units per day, then which resource is the bottle-neck?
a) extrusion, forming, and packaging have the same output per hour, so they are all bottle-necks
b) extrusion
c) forming
d) packaging

cognitive overload: having a lot on your mind impairs decision-making and tends to result in the simplest, but not necessarily best, option being selected.

empathy gaps: overlooking how you might feel in a different situation can result in unnecessary purchases, such as overbuying when shopping for food on an empty stomach.

optimism and overconfidence: wearing rose-tinted glasses and having unrealistic expectations about the future can affect money management and leave you unprepared for a change in circumstance.

instant gratification: seeking instant gratification drives impulsive spending and can undermine long-term planning and savings.

harmful habits: automatic or mindless behaviour can amplify a poor financial decision as it becomes a recurring event.

social norms: we are heavily influenced by the actions of others; while this can be in certain circumstances, it also contributes to the pressure to keep up with the joneses through conspicuous consumption.

correct, but each time you dont pay the price of the penalty can increase.

forbearance of student loan payments. under forbearance, your loan payments are postponed (or reduced) but interest continues to accrue during the period of forbearance. if you don't pay the interest during that period, the interest may be “capitalized,” which means it is added to your principal balance.

fractionally backed paper money

fiat money

paper money

metallic money