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Author Question: When economists speak of marginal, they mean a. Opportunity b. Scarcity c. Incremental d. ... (Read 19 times)

Capo

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When economists speak of marginal, they mean
 a. Opportunity
  b. Scarcity
 c. Incremental
 d. Unimportant

Question 2

Prospect theory implies that consumers are motivated by
 a. The actual price level
 b. The distance of the price from the reference price
 c. All of the above
 d. None of the above



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johnpizzaz

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Answer to Question 1

c

Answer to Question 2

b




Capo

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


patma1981

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Reply 3 on: Yesterday
:D TYSM

 

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