This topic contains a solution. Click here to go to the answer

Author Question: If people expect to have the profits from correct decisions confiscated but do not expect to be ... (Read 76 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
If people expect to have the profits from correct decisions confiscated but do not expect to be compensated for the losses from incorrect decisions, they will
 
  A) attempt to maximize risk.
  B) only make choices when the outcomes are absolutely certain.
  C) try to do what most others are doing.
  D) undertake longer-range projects more frequently.

Question 2

Which conditions must be present for perfect competition to occur?
 
  A) A large number of buyers and sellers, and all of them enjoy full and complete information.
  B) Sellers produce identical products.
  C) There is a costless mobility of resources.
  D) Everybody behaves as a price taker.
  E) All of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Answer to Question 1

C

Answer to Question 2

E





 

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

For a complete list of videos, visit our video library