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 76 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?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Mechanism of transport by a transporter, also called a carrier. Mechanism of transport by a transporter, also called a carrier.
Aggregates are people who happen to be in the same place at the same time. Aggregates are people who happen to be in the same place at the same time.
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 ...
The injector on-time is called the pulse width. The injector on-time is called the pulse width.
American people aren't the only ones getting bigger—American pets are also putting on pounds American people aren't the only ones getting bigger—American pets are also putting on pounds
A thin cleft, called the synapse, separates one cell from another. A thin cleft, called the synapse, separates one cell from another.
Video: Autonomic Nervous System Animation

For a complete list of videos, visit our video library