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Author Question: When economists speak of marginal, they mean a. Opportunity b. Scarcity c. Incremental d. ... (Read 18 times)

Capo

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on: Jul 1, 2018
When economists speak of marginal, they mean
 a. Opportunity
  b. Scarcity
 c. Incremental
 d. Unimportant

Question 2

Prospect theory implies that consumers are motivated by
 a. The actual price level
 b. The distance of the price from the reference price
 c. All of the above
 d. None of the above


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johnpizzaz

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

c

Answer to Question 2

b


Capo

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

31809pancho

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Reply 3 on: Yesterday
:D TYSM

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