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

Author Question: When economists speak of marginal, they mean a. Opportunity b. Scarcity c. Incremental d. ... (Read 69 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
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
Answer to Question 1

c

Answer to Question 2

b




Capo

  • Member
  • Posts: 545
Reply 2 on: Jul 1, 2018
Wow, this really help


flexer1n1

  • Member
  • Posts: 373
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

For a complete list of videos, visit our video library