Author Question: A behavioral economist will explain Tom's donation to charity by saying that Tom is displaying ... (Read 67 times)

Pineapplelove6

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A behavioral economist will explain Tom's donation to charity by saying that Tom is displaying ________.
 
  A) the endowment effect
  B) bounded rationality
  C) bounded self-interest
  D) bounded will power

Question 2

Russia, Iran and Qatar made the first serious moves in October 2008 toward forming an OPEC-style cartel on natural gas. What is the goal of a cartel?
 
  A) restrict output
  B) raise prices
  C) increase sales
  D) increase profits



Anna

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Answer to Question 1

C

Answer to Question 2

D



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