Author Question: Jose is rational if he A) does not intentionally make decisions that would leave him worse off. ... (Read 114 times)

savannahhooper

  • Hero Member
  • *****
  • Posts: 576
Jose is rational if he
 
  A) does not intentionally make decisions that would leave him worse off.
  B) never makes a mistake in his life.
  C) only responds to rewards that involve money.
  D) always uses a model or mathematical formula to help him make a decision.

Question 2

According to the above figure, if steel mills are charged an effluent fee in order to bear the cost of pollution, what happens to the equilibrium price and equilibrium quantity?
 
  A) They are unchanged.
  B) They change from P1 and Q1 to P2 and Q2.
  C) They change from P2 and Q2 to P1 and Q1.
  D) The equilibrium price increases from P1 and P2, but the equilibrium quantity is unchanged.



lucas dlamini

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

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

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library