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

Author Question: If people expect to have the profits from correct decisions confiscated but do not expect to be ... (Read 145 times)

fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
on: Jun 29, 2018
If people expect to have the profits from correct decisions confiscated but do not expect to be compensated for the losses from incorrect decisions, they will
 
  A) attempt to maximize risk.
  B) only make choices when the outcomes are absolutely certain.
  C) try to do what most others are doing.
  D) undertake longer-range projects more frequently.

Question 2

Which conditions must be present for perfect competition to occur?
 
  A) A large number of buyers and sellers, and all of them enjoy full and complete information.
  B) Sellers produce identical products.
  C) There is a costless mobility of resources.
  D) Everybody behaves as a price taker.
  E) All of the above.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


fasfsadfdsfa

  • Hero Member
  • *****
  • Posts: 554
Reply #2 on: Jun 29, 2018
Correct answers!


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Why people don't stop smoking Why people don't stop smoking
The correct statement about hormones-insulin and glucagon The correct statement about hormones-insulin and glucagon
Unhappy people Unhappy people
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Despite the globe’s vast social change, people all over the world continue to make race a ... Despite the globe’s vast social change, people all over the world continue to make race a ...
Tardigrade wasn't correct, nor was Gastrotricha. What on earth is this asking me. Tardigrade wasn't correct, nor was Gastrotricha. What on earth is this asking me.
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library