Author Question: Refer to the scenario above. People will earn a net benefit of ________ if the discount weight of ... (Read 62 times)

geoffrey · **on:** Jun 29, 2018

Refer to the scenario above. People will earn a net benefit of ________ if the discount weight of the future benefit is 1/10.

A) 950 utils
B) 930 utils
C) -600 utils
D) -950 utils

Question 2

If new firms are expected to enter an existing market, ________.

A) the market price is likely to fall
B) the market demand is likely to increase
C) the market supply is likely to fall
D) the profits of all firms are likely to increase