This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The price of a ticket to the latest Broadway musical is 80 . You will purchase a ticket if: a. you ... (Read 42 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
on: Jun 30, 2018
The price of a ticket to the latest Broadway musical is 80 . You will purchase a ticket if:
 a. you are acting irrationally
 b. you place a lower valuation on seeing the musical than 80 but are extremely bored.
  c. your expected marginal benefit from viewing the musical exceeds 80.
 d. your expected marginal cost from viewing the musical exceeds 80.

Question 2

Differentiate between personal income and disposable personal income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

Personal income measures the amount of income received by households before income taxes. Disposable personal income is the personal income available to individuals after taxes.


jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Kedrick2014

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Alan Price - Poor People Alan Price - Poor People
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Western musical instruments Western musical instruments
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library