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

Author Question: Indifference curves are convex to the origin because of: A) transitivity of consumer preferences. ... (Read 68 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jul 1, 2018
Indifference curves are convex to the origin because of:
 
  A) transitivity of consumer preferences.
  B) the assumption of a diminishing marginal rate of substitution.
  C) the assumption that more is preferred to less.
  D) the assumption of completeness.
  E) none of the above

Question 2

An investor can acquire shares of stock in Acme Corporation either by purchasing shares on the stock market or by purchasing a bond that is convertible into shares of Acme stock.
 
  After careful study, the investor discovers that she can profit by purchasing the bond, converting it to shares of stock, and selling the stock. This practice is called: A) selling short.
  B) arbitrage.
  C) profiteering.
  D) dumping.
  E) none of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

C.mcnichol98

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

B


vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jul 1, 2018
Wow, this really help

triiciiaa

  • Member
  • Posts: 349
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Idealized survivorship curves. Idealized survivorship curves.
Origin of T cells, B cells, RBCs, WBCs, and platelets. Origin of T cells, B cells, RBCs, WBCs, and platelets.
Representative Light Curves of Eclipsing Binaries Representative Light Curves of Eclipsing Binaries
Countries of Origin of Unauthorized Immigrants to the United States Countries of Origin of Unauthorized Immigrants to the United States
Rub the ears between your thumbs and index fingers. Follow the curves to rub the entire ear, ... Rub the ears between your thumbs and index fingers. Follow the curves to rub the entire ear, ...
The origin and spread of modern H. sapiens, reconstructed from genetic and fossil evidence. The origin and spread of modern H. sapiens, reconstructed from genetic and fossil evidence.
Video: Stimulus (introduction)

For a complete list of videos, visit our video library