« previous next »

Author Question: In a market with information asymmetry, gains from trade occur if: A) the value of the good to ... (Read 22 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
on: Jun 29, 2018
In a market with information asymmetry, gains from trade occur if:
 
  A) the value of the good to the seller is greater than its value to the buyer.
  B) the value of the good to the buyer is greater than its value to the seller.
  C) the variable cost of producing the good is zero.
  D) the opportunity cost of consuming the good is zero.

Question 2

Demand-pull inflation persists because of
 
  A) continuing increases in government expenditures.
  B) continuing increases in the quantity of money.
  C) continuing increases in the real wage rate.
  D) continuing decreases in the money wage rate.
  E) continuing increases in aggregate supply.


gasdhashg

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ... Walter Thompson saw his assets evaporate during the stock market collapse in 1929. Desperate for ...
The medical assistant reviews the PDR for information related to a drug. The medical assistant reviews the PDR for information related to a drug.
An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ... An engine in good mechanical condition should produce 17 to 21 inches Hg of vacuum at idle at sea ...
Global Links: African Slave Trade Global Links: African Slave Trade
A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water. A good disinfecting solution you can make yourself consists of 1 part bleach to 10 parts water.
The flow of genetic information in a typical cell The flow of genetic information in a typical cell
Video: Angiotensin II - kidneys, adrenal glands and dehydration

For a complete list of videos, visit our video library