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

Author Question: When economists speak of marginal, they mean a. Opportunity b. Scarcity c. Incremental d. ... (Read 68 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jul 1, 2018
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

b


Capo

  • Member
  • Posts: 545
Reply 2 on: Jul 1, 2018
Excellent

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

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?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Microscopic photo taken by Opportunity showing a gray hematite concretion, indicative of the past pr Microscopic photo taken by Opportunity showing a gray hematite concretion, indicative of the past pr
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Economic activity as viewed by environment and ecological economists Economic activity as viewed by environment and ecological economists
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library