« previous next »

Author Question: A ________ model of the household assumes that a family maximizes its happiness under a budget ... (Read 76 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
on: Jun 29, 2018
A ________ model of the household assumes that a family maximizes its happiness under a budget constraint that pools all of its income, wealth, and time.
 
  A) unitary
  B) secondary
  C) tertiary
  D) primary

Question 2

Suppose a monopolistic competitor produces 2,000 units of the good in equilibrium and charges a price of 10 for each unit. If the average total cost of producing 2,000 units of the good is 6, what is the total profit earned by the producer?
 
  A) 8,000
  B) 4,000
  C) 2,000
  D) 20,000


tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
Reply #2 on: Jun 29, 2018
Thank you


tandmlomax84

  • Sr. Member
  • ****
  • Posts: 323
Reply #3 on: Jun 29, 2018
No problemo


« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

The wolf spider, Lycosa godeffroyi, is common in many areas of Australia. In this family of spiders, The wolf spider, Lycosa godeffroyi, is common in many areas of Australia. In this family of spiders,
Transactional model of cancer Transactional model of cancer
For kinship analyses buccal swabs from close family are taken for comparison. For kinship analyses buccal swabs from close family are taken for comparison.
The family described in Example Case 2 The family described in Example Case 2
A Model of Directional Selection against a Recessive Lethal Allele A Model of Directional Selection against a Recessive Lethal Allele
Video: Metaphase I Animation

For a complete list of videos, visit our video library