« previous next »

Author Question: Which of the following might explain the evidence of an endowment effect in behavioral economics? ... (Read 91 times)

xroflmao

  • Hero Member
  • *****
  • Posts: 515
on: Jul 1, 2018
Which of the following might explain the evidence of an endowment effect in behavioral economics?
 
  A) government regulation
  B) knowledge and experience
  C) the federal tax code
  D) class envy

Question 2

In behavioral economics, the endowment effect refers to
 
  A) most people believe that most wealthy people inherit their wealth.
  B) many people would be indifferent between being endowed with money or knowledge.
  C) many people place a higher value on what they own than when they consider purchasing.
  D) most people respond to tax incentives to provide an endowment for their children.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


zenzy

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

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?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Serum protein electrophoresis gel of 10 sera. Lanes 1, 2, 3, 5, 8, and 9 show evidence of an ... Serum protein electrophoresis gel of 10 sera. Lanes 1, 2, 3, 5, 8, and 9 show evidence of an ...
Pasteur effect Pasteur effect
Early geologists discovered evidence of past glaciations in U-shaped valleys Early geologists discovered evidence of past glaciations in U-shaped valleys
Economics question Economics question
Pulse–chase labeling evidence of bidirectional DNA replication in mammalian chromosomes Pulse–chase labeling evidence of bidirectional DNA replication in mammalian chromosomes
Evidence of past whole-genome duplications Evidence of past whole-genome duplications
Video: Cardiac Cycle (Part 2 of 4)

For a complete list of videos, visit our video library