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

Author Question: Which of the following abilities should an economic model possess? a. It should lower the time cost ... (Read 16 times)

big1devin

  • Hero Member
  • *****
  • Posts: 583
on: Jun 30, 2018
Which of the following abilities should an economic model possess?
 a. It should lower the time cost of information collection.
  b. It should help individuals to discern the information that matters for a problem.
  c. It should be able to process both untrue or impossible to verify information as well as correct information in the data set.
  d. It should suggest accurate solutions for a problem.

Question 2

If a good is free, a rational consumer will continue to consume that good, irrespective of its marginal utility.
 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

chreslie

  • Sr. Member
  • ****
  • Posts: 307
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

False


big1devin

  • Member
  • Posts: 583
Reply 2 on: Jun 30, 2018
Excellent

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Eye Model Eye Model
Model for translocon function Model for translocon function
Disitive Time For Potatoes Disitive Time For Potatoes
economic question economic question
economic question economic question
Descartes's model of simple reflexes Descartes's model of simple reflexes
Video: Type of Cell Junctions - Desmosome, Hemidesmosomes and Gap Junctions

For a complete list of videos, visit our video library