This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A student is trying to decide whether to study for the upcoming exam or play video games. The ... (Read 188 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
on: Jul 1, 2018
A student is trying to decide whether to study for the upcoming exam or play video games. The optimal amount of time spent studying is:
 a. where the total benefit of studying is equal to the total cost of studying.
  b. where the marginal benefit of studying is equal to the total cost of studying.
  c. where the marginal benefit of studying equals the marginal cost of studying.
  d. where the total benefit of studying equals the total cost of studying.

Question 2

The practice of buying a firm's good in one market at a low price and selling it in another market for a higher price in order to profit from the price difference is known as
 a. Predatory pricing
 b. Price collusion
 c. Arbitrage
 d. Mark-up pricing


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Sammyo

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

c


itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Researchers must inform potential participants of a study's procedures so that consent may be o Researchers must inform potential participants of a study's procedures so that consent may be o
Eugène Delacroix, Study for The Death of Sardanapalus. Eugène Delacroix, Study for The Death of Sardanapalus.
Stereotypes, which play such a profound role in social life, are a basic area of sociological ... Stereotypes, which play such a profound role in social life, are a basic area of sociological ...
School is over—but not for this student. After the regular school day, hundreds of thousands in ... School is over—but not for this student. After the regular school day, hundreds of thousands in ...
Collage of Student Faces Collage of Student Faces
Baltimore Longitudinal Study of Aging Baltimore Longitudinal Study of Aging
Video: Protein digestion - stomach & small intestine

For a complete list of videos, visit our video library