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

Author Question: Which concept explains how individual consumers in market economies determine what is to be ... (Read 46 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Which concept explains how individual consumers in market economies determine what is to be produced?
 a. competition
 b. consumer sovereignty
 c. decentralized decision-making
  d. free enterprise

Question 2

A rational individual would rather receive 5,000 today than receive 6,000 in one year if the applicable nominal interest rate was 10.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Wow, this really help

sarah_brady415

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
Post-Communist Economies Post-Communist Economies
How to determine the interquartile range How to determine the interquartile range
Oil supply and prices affect the economies of nations Oil supply and prices affect the economies of nations
If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle
The karyotype of a triploid individual contains three copies of each chromosome. The karyotype of a triploid individual contains three copies of each chromosome.
Video: B cells and antibodies

For a complete list of videos, visit our video library