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Author Question: Economists assume people behave A) instinctively. B) rationally. C) irrationally. D) ... (Read 124 times)

krzymel

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  • Posts: 548
on: Jun 29, 2018
Economists assume people behave
 
  A) instinctively.
  B) rationally.
  C) irrationally.
  D) greedily.

Question 2

A technological advancement has just occurred in the computer chip industry. In the computer chip market this will lead to
 
  A) an increase in price and a decrease in quantity.
  B) an increase in price and an increase in quantity.
  C) a decrease in price and a decrease in quantity.
  D) a decrease in price and an increase in quantity.


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ebenov

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

B

Answer to Question 2

D


krzymel

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  • Posts: 548
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

kthug

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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