« previous next »

Author Question: Rational inattention refers to ________. A) the risk a firm runs when they do not pay attention ... (Read 311 times)

Chloeellawright

  • Hero Member
  • *****
  • Posts: 588
on: Jun 30, 2018
Rational inattention refers to ________.
 
  A) the risk a firm runs when they do not pay attention to their customers
  B) firms making infrequent price decisions because of the time and effort those decision require
  C) the cost to the firm of losing sales from alienating customers
  D) all of the above
  E) none of the above

Question 2

Proportional income taxation is distorting because
 
  A) people do all they can to avoid paying taxes.
  B) the competitive equilibrium is not Pareto optimal.
  C) firms do all they can to avoid paying taxes.
  D) the government budget constraint does not hold.


k2629

  • Sr. Member
  • ****
  • Posts: 357
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Chess and risk Chess and risk
U.S. Cancer Risk—Racial Diversity U.S. Cancer Risk—Racial Diversity
Risk Factors for Alzheimer's Disease Risk Factors for Alzheimer's Disease
The risk of dying before the age of 65 gets lower as family income gets higher. The risk of dying before the age of 65 gets lower as family income gets higher.
Risk factors for suicide. Risk factors for suicide.
Models of Selective Attention in the Dichotic Listening Task Models of Selective Attention in the Dichotic Listening Task
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library