Suppose that an individual has a constant MRS of shoes for sneakers of 4:3 (that is, he or she is always willing to give up 3 pairs of sneakers to get 4 pairs of shoes). Then, if sneakers and shoes are equally costly, he or she will:
a. buy only sneakers.
b. buy only shoes.
c. spend his or her income equally on sneakers and shoes.
d. wear sneakers only 3/4 of the time.
Question 2
An experience good is one that:
a. Only an expert can use
b. Has undetectable quality when purchased
c. Can be readily experienced simply by touching or tasting
d. Improves with age, like a fine wine
e. All of the above
Acromegaly in one individual from a pair of identical twins.
A nearly motionless individual, alert to danger, will whistle when alarmed to warn other groundhogs
Although average brain size increases gradually though time in H. erectus, individuals with small br
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Better Shoes
What is the value of the equilibrium constant, K, at 25°C for the reaction?