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

Author Question: The tendency of people to value something more highly when they own it is called the A) wealth ... (Read 44 times)

student77

  • Hero Member
  • *****
  • Posts: 567
on: Jun 29, 2018
The tendency of people to value something more highly when they own it is called the
 
  A) wealth effect.
  B) endowment effect.
  C) path dependent effect.
  D) endorsement effect.

Question 2

In the long-run equilibrium in a perfectly competitive market, the economic profit of the firms is
 
  A) positive.
  B) negative.
  C) zero.
  D) increasing.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

frejo

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


student77

  • Member
  • Posts: 567
Reply 2 on: Jun 29, 2018
Gracias!

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Impetigo, a highly contagious bacterial infection. Impetigo, a highly contagious bacterial infection.
Central Tendency in Symmetrical Distributions Central Tendency in Symmetrical Distributions
Aggregates are people who happen to be in the same place at the same time. Aggregates are people who happen to be in the same place at the same time.
Democracy (or “democratization”) is a global social movement. People all over the world yearn ... Democracy (or “democratization”) is a global social movement. People all over the world yearn ...
The injector on-time is called the pulse width. The injector on-time is called the pulse width.
Why do people hate mathematics? Why do people hate mathematics?
Video: Types of Shock (Part 2 of 2)

For a complete list of videos, visit our video library