Author Question: The social arrangement that gives John Grisham, the writer of best-selling novels, the ownership of ... (Read 82 times)

ahriuashd · **on:** Jun 29, 2018

The social arrangement that gives John Grisham, the writer of best-selling novels, the ownership of his novels is

A) a market.
B) property rights.
C) absolute advantage.
D) dynamic comparative advantage.

Question 2

In the figure above, Lourdita faces a 0.5 probability of receiving 3,000 and a 0.5 probability of receiving 9,000. Her cost of bearing this risk is the distance from

A) A to F.
B) A to D.
C) B to E.
D) C to E.