Suppose there are exactly 5,812,000 small businesses in the economy today. approximately 27% of those businesses or service businesses. what is the number service businesses in the economy?

1, 569,240

Explanation:

Total no. of Business in the economy: 5, 812,000.00

percentage of service businesses = 27%

Actual no. of business = 27/100 x 5,812, 000.00

                         = 0.27 x 5812,000

                          =1, 569,240

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.

answer; functional fixedness;