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

Author Question: The idea that people will not consciously make decisions that make them worse off is known as A) ... (Read 118 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
The idea that people will not consciously make decisions that make them worse off is known as
 
  A) rationality assumption.
  B) the decision duality.
  C) Adam Smith's doctrine.
  D) incentive assumption.

Question 2

If demand and supply both decrease
 
  A) the equilibrium quantity definitely will decrease, and the market clearing price definitely will decrease.
  B) the equilibrium quantity definitely will decrease, and the market clearing price definitely will increase.
  C) the market clearing price definitely will decrease, but the change in the equilibrium quantity cannot be determined without more information.
  D) the equilibrium quantity definitely will decrease, but the change in market clearing price cannot be determined without more information.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

TheDev123

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


jCorn1234

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
:D TYSM

bimper21

  • Member
  • Posts: 309
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

The use of bacteria to make human insulin The use of bacteria to make human insulin
People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat People have seen patterns in the stars since ancient times.[5] This 1690 depiction of the constellat
Buddhist philosophy allows for the idea of reincarnation, as the self passes from body to body. The ... Buddhist philosophy allows for the idea of reincarnation, as the self passes from body to body. The ...
Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ... Poverty rates have declined in the last 50 years, and the biggest decline has been for people 65 and ...
Of four outcomes people can have after exposure to trauma, the most prevalent is resilience. Others, ... Of four outcomes people can have after exposure to trauma, the most prevalent is resilience. Others, ...
People in poor, urban areas often find themselves in “food deserts" People in poor, urban areas often find themselves in “food deserts"
Video: Regulation of GFR: three methods, autoregulation & autoregulation via myogenic mechanism

For a complete list of videos, visit our video library