Author Question: William was asked to contribute money for a retirement home. He agreed to contribute only if his ... (Read 152 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
William was asked to contribute money for a retirement home. He agreed to contribute only if his name appeared on the list of donators in the newsletter published by the home every year. This is an example of ________.
 
  A) rationalism
  B) liberalism
  C) impure altruism
  D) pure altruism

Question 2

The basic rule for maximizing net revenue is: Charge a price, or set of prices, so that
 
  A) expected marginal revenue equals expected marginal cost.
  B) expected marginal revenue exceeds expected marginal cost.
  C) expected marginal revenue is equal to or less than expected marginal cost.
  D) marginal revenue turns out in practice to be equal to or less than marginal cost.
  E) marginal revenue turns out in practice to be greater than marginal cost.



bpool94

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

For a complete list of videos, visit our video library