« previous next »

Author Question: According to the indifference principle, housing prices a. tend to converge over time b. tend to ... (Read 235 times)

Metfan725

  • Hero Member
  • *****
  • Posts: 552
on: Jul 1, 2018
According to the indifference principle, housing prices
 a. tend to converge over time
 b. tend to leave individuals indifferent about where they live
 c. only tend to be different to compensate individuals for differences in living conditions
  d. only B&C

Question 2

If the bidders at a second-price auction have true values of 8, 7, 6, and 5, the item will sell for
 a. 8
 b. 7
 c. just over 7
 d. just under 7


dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Time Line of Human History From Upper Paleolithic Period to the Present Time Line of Human History From Upper Paleolithic Period to the Present
ESM Study of Time Spent with Family ESM Study of Time Spent with Family
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
Production and Prices in Richland and Poorland Production and Prices in Richland and Poorland
The Principle of Falsifiability The Principle of Falsifiability
The Geologic Time Scale The Geologic Time Scale
Video: Properties of water -structure of water and polarity (Ionized and polar compounds)

For a complete list of videos, visit our video library