Which of the following is an example a lack of self-control that ...

[CharlieWard]

Which of the following is an example a lack of self-control that contradicts the conclusions of standard economic analysis?
 a. Eating more food at an all-you-can-eat buffet
 b. Playing video games all night even with an exam the following morning that will determine your semester grade
  c. Decreasing the purchase of steak if the price increases 25
 d. all of the above

Question 2

A monopsonist firm faces a negatively sloped marginal factor cost curve.
 a. True
  b. False
  Indicate whether the statement is true or false

[polinasid]

Answer to Question 1

b

Answer to Question 2

False

[CharlieWard]

Thanks for the timely response, appreciate it

[laurnthompson]

TYSM