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

Author Question: In the utility maximizing model, consumer preferences are assumed to be transitive. What does this ... (Read 113 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jun 29, 2018
In the utility maximizing model, consumer preferences are assumed to be transitive. What does this mean?
 
  A) that consumers have the freedom to change their preferences from time to time
  B) that consumers prefer more of a good to less
  C) that consumers go through cycles in their consumption behavior
  D) that consumers have preferences that are relatively consistent in the time period under consideration

Question 2

All of the following are ways by which existing firms can deter the entry of new firms into an industry except
 
  A) continuously producing new and improved products.
  B) advertising products aggressively.
  C) threatening to raise prices.
  D) earning less than maximum profit.
InMicro ¦ Hubbard, O'Brien ¦ 1st Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

macagnavarro

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jun 29, 2018
Gracias!

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Model Organism Drosophila Model Organism Drosophila
Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized Immunoglobulin G. (b) A ribbon model of the first complete IgG molecule to be crystallized
An Alternative Model of Global Stratification An Alternative Model of Global Stratification
Model of a complex systems Model of a complex systems
Vulnerability – Stress Model Vulnerability – Stress Model
General model of the association of histones and DNA to form nucleosomes General model of the association of histones and DNA to form nucleosomes
Video: Lipid catabolism - lipolysis and beta oxidation and oxidation of fatty acids

For a complete list of videos, visit our video library