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 41 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
Gracias!

kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Vertebral regions showing the four spinal curves. Vertebral regions showing the four spinal curves.
The origin and propagation of an amphidiploid The origin and propagation of an amphidiploid
The origin of duplicated and deficient regions of chromosomes The origin of duplicated and deficient regions of chromosomes
One possible origin of a pericentric inversion One possible origin of a pericentric inversion
Survivorship curves. Blue lines are theoretical curves. Red dots are data from field studies. Survivorship curves. Blue lines are theoretical curves. Red dots are data from field studies.
Time Line for Life’s Origin and Evolution Time Line for Life’s Origin and Evolution
Video: Phases of the ovarian cycle

For a complete list of videos, visit our video library