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Author Question: Behavioral economists use findings from psychology to explain complex consumer behavior that cannot ... (Read 84 times)

ETearle

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  • Posts: 580
on: Jun 30, 2018
Behavioral economists use findings from psychology to explain complex consumer behavior that cannot always be explained by traditional economic models.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If there are 50 firms in the industry, and each have an equal market share, the Herfindahl index will be equal to 1,00,000.
 a. True
  b. False
  Indicate whether the statement is true or false


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sailorcrescent

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

False


ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Viet Thy

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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