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

Author Question: The logical (and sometimes illogical) shortcuts that people derive from experience which economize ... (Read 57 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
on: Jun 30, 2018
The logical (and sometimes illogical) shortcuts that people derive from experience which economize on their mental capabilities are called:
 a. irrationalities.
  b. heuristics.
  c. statistical errors.
  d. probabilities.

Question 2

Consumer equilibrium exists when the marginal utility per dollar of expenditure is the same for all goods and services.
 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

kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

True


tsand2

  • Member
  • Posts: 520
Reply 2 on: Jun 30, 2018
Gracias!

CAPTAINAMERICA

  • Member
  • Posts: 325
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

The formation of a chimeric gene that is found in people with certain forms of leukemia. The formation of a chimeric gene that is found in people with certain forms of leukemia.
Alan Price - Poor People Alan Price - Poor People
Many people consider the British statesman Winston Churchill (1874–1965) to be an exemplar of the ... Many people consider the British statesman Winston Churchill (1874–1965) to be an exemplar of the ...
Holland’s six basic types of people based on vocational interests (attitudes, abilities, and ... Holland’s six basic types of people based on vocational interests (attitudes, abilities, and ...
Trees provide ecosystem services to people Trees provide ecosystem services to people
Marketing: Real People, Real Choices Marketing: Real People, Real Choices
Video: Phases of an Action Potential - Resting Potential, Threshold, Rising, Falling, & Recovery Phases

For a complete list of videos, visit our video library