This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is considered to be a cost of information? a. The price of the commodity for ... (Read 41 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
Which of the following is considered to be a cost of information?
 a. The price of the commodity for which information is collected.
  b. The time spent to collect the information.
  c. The difference in price charged by different sellers for the same commodity.
  d. The difference in price paid by different buyers for the same commodity.

Question 2

Utility is easy to measure in the real world with recent advances in psychometric technology.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kbennett34

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

B

Answer to Question 2

False




cmoore54

  • Member
  • Posts: 568
Reply 2 on: Jun 30, 2018
Wow, this really help


komodo7

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

For a complete list of videos, visit our video library