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

Author Question: Which of the following is necessary for efficient markets? A) Positive externalities B) Negative ... (Read 78 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Jun 29, 2018
Which of the following is necessary for efficient markets?
 
  A) Positive externalities
  B) Negative externalities
  C) Pecuniary externalities
  D) Free-riding

Question 2

How long is it worthwhile to continue searching for a 20 bill that you lost if you value your time at 5 an hour?
 
  A) About 2 hours if there is a fifty percent chance of finding it.
  B) About 4 hours, regardless of the probability of finding it.
  C) Only so long as you expect to find it within the next four hours, which could mean far more than four hours of searching.
  D) You cannot make a rational decision without first knowing whether you will find it.
  E) You should not search at all because the lost bill is a sunk cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


ssal

  • Hero Member
  • *****
  • Posts: 572
Reply #2 on: Jun 29, 2018
Thank you


zoeyesther

  • Sr. Member
  • ****
  • Posts: 315
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Negative feedback as a mechanism by which homeostatic control systems operate. Negative feedback as a mechanism by which homeostatic control systems operate.
negative feedback negative feedback
Gram positive S. pyogenes bacteria in chains. Gram positive S. pyogenes bacteria in chains.
Skin testing. Note the spot labeled H, which is the positive histamine control, and the spot labeled ... Skin testing. Note the spot labeled H, which is the positive histamine control, and the spot labeled ...
OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ... OraQuick. A negative result would show a red line at the "C" mark, whereas a positive ...
Markets and Institutions Market Story Problem Markets and Institutions Market Story Problem
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library