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Author Question: Prices ration goods to A) the people who most deserve it. B) the people with the lowest ... (Read 39 times)

pragya sharda

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on: Jun 29, 2018
Prices ration goods to
 
  A) the people who most deserve it.
  B) the people with the lowest opportunity cost of time.
  C) the people willing and able to pay the highest price.
  D) the richest people.

Question 2

The assumption that nothing changes except the variables being studied is
 
  A) the ceteris paribus assumption.
  B) the rationality assumption.
  C) positive economic analysis.
  D) normative economic analysis.


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Jordin Calloway

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


pragya sharda

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

raili21

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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