Author Question: True or false? The Edgeworth box version of inter-personal trade requires the individuals to be in ... (Read 51 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
True or false? The Edgeworth box version of inter-personal trade requires the individuals to be in close proximity of one another.
 
  A) True, that way they can see each other's endowments and prices.
  B) False, begin in close proximity is not required for mutually beneficial trade to occur in the Edgeworth box.
  C) True, the Edgeworth box only works when there folks see eye-to-eye.
  D) False, although prices are only valid if they are communicated in person.

Question 2

An income tax provides an incentive to _____.
 
  a. work for large companies
  b. increase investment
  c. substitute away from being self-employed
   d. consume more and save less



Fayaz00962

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

B

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

For a complete list of videos, visit our video library