This topic contains a solution. Click here to go to the answer

Author Question: Behavioral economists use findings from psychology to explain complex consumer behavior that cannot ... (Read 67 times)

ETearle

  • Hero Member
  • *****
  • Posts: 580
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sailorcrescent

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

True

Answer to Question 2

False




ETearle

  • Member
  • Posts: 580
Reply 2 on: Jun 30, 2018
Gracias!


mjenn52

  • Member
  • Posts: 351
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

For a complete list of videos, visit our video library