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

Author Question: Cost-benefit analysis can be applied to individual decision-making and public choice theory. a. ... (Read 99 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Jun 30, 2018
Cost-benefit analysis can be applied to individual decision-making and public choice theory.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Imposing a restrictive quota on imported plasma TVs will:
 a. increase the price of the plasma TVs and decrease the quantity consumed.
  b. increase both the price of the plasma TVs and the quantity consumed.
  c. leave the price of the plasma TVs unchanged but decrease the quantity consumed.
  d. leave the price and the quantity consumed of plasma TVs unchanged, because domestic producers will expand production to make up for the reduction in imports


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

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.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

ABG Analysis ABG Analysis
Having a time zone map located near the telephone will assist you when making long distance calls ou Having a time zone map located near the telephone will assist you when making long distance calls ou
Signal Detection Theory Signal Detection Theory
Feast-making spoon (Wunkirmian). Liberia/IvoryCoast. Feast-making spoon (Wunkirmian). Liberia/IvoryCoast.
Reference points for posture analysis. Reference points for posture analysis.
Allelic phase analysis in human families A and B Allelic phase analysis in human families A and B
Video: Forming urine ( influencing factors), Forming dilute urine & Forming concentrated urine

For a complete list of videos, visit our video library