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

Author Question: Rational ignorance A) refers to attempts by special interests to use government action to make ... (Read 69 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
on: Jun 29, 2018
Rational ignorance
 
  A) refers to attempts by special interests to use government action to make themselves better off at the expense of others.
  B) explains the Arrow impossibility theorem.
  C) helps to explain why rent seeking by special interest groups occurs.
  D) explains why consumers ignore sunk costs when they vote.

Question 2

Economists agree that a monopolistically competitive market structure
 
  A) can eliminate any excess capacity if all firms in the industry devote more funds to differentiating their products.
  B) lowers consumer utility because consumers pay a price higher than the marginal cost of production.
  C) is detrimental to society because it leads to a waste of scarce resources.
  D) benefits consumers because firms produce products that appeal to a wide range of consumer tastes.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly


EAugust

  • Member
  • Posts: 550
Reply 2 on: Jun 29, 2018
Gracias!

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Action of aldosterone on distal convoluted tubule epithelial cells. Action of aldosterone on distal convoluted tubule epithelial cells.
Dolphin attempts to eat baby Dolphin attempts to eat baby
Action of penicillinase. Action of penicillinase.
When connecting a starter tester such as a Sun VAT 45 to the vehicle, make certain that the ... When connecting a starter tester such as a Sun VAT 45 to the vehicle, make certain that the ...
Action of glucocorticoids (GCs) in suppressing immune and inflammatory reactions mediated by cytokin Action of glucocorticoids (GCs) in suppressing immune and inflammatory reactions mediated by cytokin
Government in America: People, Politics, and Policy, AP Government in America: People, Politics, and Policy, AP
Video: Types of synapses - electrical & chemical

For a complete list of videos, visit our video library