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Author Question: What are the main differences between neoclassical economics and behavioral economics? a. ... (Read 73 times)

ahriuashd

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on: Jul 1, 2018
What are the main differences between neoclassical economics and behavioral economics?
 a. Neoclassical economics is mainly theoretical.
  b. Behavioral economics does not take as given that decision makers are rational.
  c. Neoclassical economics assumes that decision makers are fully informed.
  d. All of the above.

Question 2

The opportunity cost doctrine suggests that which of the following are not costs of government educational programs?
 a. The wages of teachers.
 b. The foregone earnings of participants.
  c. Stipends paid to participants.
 d. Materials used by students.


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Missbam101

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


ahriuashd

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

dantucker

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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