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

Author Question: What are the main differences between neoclassical economics and behavioral economics? a. ... (Read 78 times)

ahriuashd

  • Hero Member
  • *****
  • Posts: 535
What are the main differences between neoclassical economics and behavioral economics?
 a. Neoclassical economics is mainly theoretical.
  b. Behavioral economics does not take as given that decision makers are rational.
  c. Neoclassical economics assumes that decision makers are fully informed.
  d. All of the above.

Question 2

The opportunity cost doctrine suggests that which of the following are not costs of government educational programs?
 a. The wages of teachers.
 b. The foregone earnings of participants.
  c. Stipends paid to participants.
 d. Materials used by students.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

b

Answer to Question 2

c




ahriuashd

  • Member
  • Posts: 535
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

For a complete list of videos, visit our video library