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

Author Question: Which concept explains how individual consumers in market economies determine what is to be ... (Read 49 times)

jc611

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
Which concept explains how individual consumers in market economies determine what is to be produced?
 a. competition
 b. consumer sovereignty
 c. decentralized decision-making
  d. free enterprise

Question 2

A rational individual would rather receive 5,000 today than receive 6,000 in one year if the applicable nominal interest rate was 10.
 a. True
  b. False
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

coreycathey

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

False


jc611

  • Member
  • Posts: 552
Reply 2 on: Jun 30, 2018
Wow, this really help

ricroger

  • Member
  • Posts: 352
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

concept map : atoms and molecules concept map : atoms and molecules
Concept map Concept map
Jean Piaget influenced the field of developmental science more than any other individual. Jean Piaget influenced the field of developmental science more than any other individual.
Calculation of body mass index. To determine your BMI, find the value for your height on the left ... Calculation of body mass index. To determine your BMI, find the value for your height on the left ...
The Concept of Water Balance The Concept of Water Balance
Growth in Open Economies Growth in Open Economies
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library