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

Author Question: When economists speak of marginal, they mean a. Opportunity b. Scarcity c. Incremental d. ... (Read 25 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jul 1, 2018
When economists speak of marginal, they mean
 a. Opportunity
  b. Scarcity
 c. Incremental
 d. Unimportant

Question 2

Prospect theory implies that consumers are motivated by
 a. The actual price level
 b. The distance of the price from the reference price
 c. All of the above
 d. None 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

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


Capo

  • Member
  • Posts: 545
Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Cyanide works by making the human body unable to use oxygen.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Phobos transits the Sun, as seen by Mars Rover Opportunity on March 10, 2004 Phobos transits the Sun, as seen by Mars Rover Opportunity on March 10, 2004
Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ... Ronald Reagan rides a horse—a familiar photo opportunity for presidents. But Reagan was an amiable ...
How difficult is it for children to learn to speak two languages? How difficult is it for children to learn to speak two languages?
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Adolescent Diabetes

For a complete list of videos, visit our video library