« previous next »

Author Question: Today John says, I will start working out tomorrow. Yet as tomorrow arrives, he doesn't. This is an ... (Read 222 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jul 1, 2018
Today John says, I will start working out tomorrow. Yet as tomorrow arrives, he doesn't. This is an example of
 
  A) time inconsistent preferences.
  B) time consistent preferences.
  C) exponential discounting.
  D) future-biased preferences.

Question 2

Indifference curves close to the origin are ________ those farther from the origin because of ________.
 
  A) better than; transitivity
  B) worse than; nonsatiation
  C) better than; completeness
  D) worse than; transitivity


jgranad15

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

John Macadam John Macadam
John Ray John Ray
Many households today include young adults who have not moved out of their parents’ homes (or who ... Many households today include young adults who have not moved out of their parents’ homes (or who ...
David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today. David P. Bradley (White Earth Oijbwe, and Mdewakaton Dakota), Indian Country Today.
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
Start the valve adjustment procedure by first disconnecting and labeling, if necessary, all ... Start the valve adjustment procedure by first disconnecting and labeling, if necessary, all ...
Video: Five phases of cardiac cycle & Atrial contraction

For a complete list of videos, visit our video library