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 67 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

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Excellent

« 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?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Testing the reducing atmosphere hypothesis for the origin of life - the Miller and Urey experiment. Testing the reducing atmosphere hypothesis for the origin of life - the Miller and Urey experiment.
Differences in oxygen-hemoglobin dissociation curves under different physiological conditions and am Differences in oxygen-hemoglobin dissociation curves under different physiological conditions and am
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.
2 Several oxygen-binding curves: for normal hemoglobin 2 Several oxygen-binding curves: for normal hemoglobin
From Farm to Consumer From Farm to Consumer
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library