Author Question: Why do people donate less when it is costlier to give? What will be an ideal ... (Read 46 times)

Awilson837

  • Hero Member
  • *****
  • Posts: 509
Why do people donate less when it is costlier to give?
 
  What will be an ideal response?

Question 2

For a seller who is a price taker, marginal revenue is always
 
  A) less than marginal cost.
  B) more than marginal cost.
  C) the same as marginal cost.
  D) less than price.
  E) the same as price.



rachel

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

The act of donating can be viewed as an economic good and similarly to other economic goods, the quantity demanded of it decreases when the price increases.

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library