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

Author Question: The idea that when we own something we value it more than other people do is called: a. self ... (Read 27 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
The idea that when we own something we value it more than other people do is called:
 a. self control
 b. anchoring
 c. compartmentalizing
 d. the endowment effect

Question 2

Consider a perfectly competitive firm that can raise its output by 2 units by hiring an additional unit of capital. If the cost of hiring this additional unit of capital is 4 and the market price of the good is 1, the firm will certainly hire this unit of capital. Hint: MRP = MP X MR
 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

d

Answer to Question 2

False


cmoore54

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jun 30, 2018
Correct answers!


kaykay69

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen Cataract extraction. The procedure involves a surgical removal of a cataract lens and its replacemen
Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus Herniated disk. A herniated disk is a protrusion of the disk’s gelatinous center, called the nucleus
The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve The approval of a new drug is a four-stage process: (1) preclinical investigation, (2) clinical inve
The social movement that centers on the environment has become global. In all nations, people are ... The social movement that centers on the environment has become global. In all nations, people are ...
Snap-ring pliers are also called lock-ring pliers, and they are designed to remove internal and ... Snap-ring pliers are also called lock-ring pliers, and they are designed to remove internal and ...
The synapse and synaptic transmission. (a) A thin cleft, called the synapse, separates one cell from The synapse and synaptic transmission. (a) A thin cleft, called the synapse, separates one cell from
Video: Structure of a Ribosome

For a complete list of videos, visit our video library