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

Author Question: The price of a ticket to the latest Broadway musical is 80 . You will purchase a ticket if: a. you ... (Read 132 times)

jilianpiloj

  • Hero Member
  • *****
  • Posts: 521
on: Jun 30, 2018
The price of a ticket to the latest Broadway musical is 80 . You will purchase a ticket if:
 a. you are acting irrationally
 b. you place a lower valuation on seeing the musical than 80 but are extremely bored.
  c. your expected marginal benefit from viewing the musical exceeds 80.
 d. your expected marginal cost from viewing the musical exceeds 80.

Question 2

Differentiate between personal income and disposable personal income.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

soda0602

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

Personal income measures the amount of income received by households before income taxes. Disposable personal income is the personal income available to individuals after taxes.


jilianpiloj

  • Member
  • Posts: 521
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

ryhom

  • Member
  • Posts: 366
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Latest Post Display Latest Post Display
Successful male musical groups may owe some of their popularity among preteen girls to adrenarche. Successful male musical groups may owe some of their popularity among preteen girls to adrenarche.
The net price of an article is $79.84. What is the list price if a discount of 23% was allowed? The net price of an article is $79.84. What is the list price if a discount of 23% was allowed?
Western musical instruments. Western musical instruments.
If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ... If the price charged for a candy bar is p(x) cents, then x thousand candy bars will be sold in ...
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Video: Subunits of DNA And Semi Conservative Replication

For a complete list of videos, visit our video library