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Author Question: What is one reason a gift card might be less desirable than cash? A) A gift card requires an ... (Read 30 times)

biggirl4568

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What is one reason a gift card might be less desirable than cash?
 
  A) A gift card requires an individual to purchase from a particular store, which restricts the choice set.
  B) Cash requires an individual to purchase from a particular country, which restricts the choice set.
  C) Cash and the gift card are equally desirable, there is no problem here.
  D) Gift cards are easier to steal or lose relative to cash.

Question 2

If the food stamp program in the United States moved from coupons redeemable for food to cash payments,
 
  A) everyone would buy less food and more of other goods.
  B) everyone would buy more food and less of other goods.
  C) some people might buy less food and obtain a higher level of utility.
  D) some people might buy less food and obtain a lower level of utility.


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dawsa925

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biggirl4568

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


Kedrick2014

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Reply 3 on: Yesterday
Excellent

 

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