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Author Question: Behavioral economics deals with A) the assumption that people are always selfish. B) bounded ... (Read 105 times)

genevieve1028

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on: Jun 29, 2018
Behavioral economics deals with
 
  A) the assumption that people are always selfish.
  B) bounded rationality.
  C) unbounded willpower.
  D) only theories without justification from empirical evidence.

Question 2

If we wanted to analyze the effects of a 2 unit tax graphically, we would shift the
 
  A) supply curve upward by 2.
  B) supply curve downward by 2.
  C) demand curve upward by 2.
  D) demand curve downward by 2.


Kdiggy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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