« previous next »

Author Question: The Classical Dichotomy refers to: a. a distinction between value in use and value in exchange. b. ... (Read 87 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
on: Jul 1, 2018
The Classical Dichotomy refers to:
 a. a distinction between value in use and value in exchange.
  b. separate theories of demand and supply.
  c. the possibility of Giffen's Paradox.
  d. determination of relative prices independent of the nominal price level.

Question 2

Which of the following is NOT a possible resolution of externalities?
 a. Coasian bargaining
 b. regulatory directives
 c. taxes and subsidies
 d. cap and trade
 e. all of the above are possible resolutions of externalities


cupcake16

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jul 1, 2018
Answer to Question 1

d

Answer to Question 2

e


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
The lower respiratory tract and the process of gas exchange. The lower respiratory tract and the process of gas exchange.
A heat exchange vest that uses ice packs for cooling A heat exchange vest that uses ice packs for cooling
The Power of Classical Conditioning The Power of Classical Conditioning
Classical Conditioning and Food Classical Conditioning and Food
Consequences of a double exchange occurring between two nonsister chromatids Consequences of a double exchange occurring between two nonsister chromatids
Video: Introduction to Breast Cancer

For a complete list of videos, visit our video library