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

Author Question: Jeong's uncompensated demand for gizmos is given by Q = 30 - 2p. Jeong's marginal willingness to pay ... (Read 51 times)

Bernana

  • Hero Member
  • *****
  • Posts: 530
on: Jul 1, 2018
Jeong's uncompensated demand for gizmos is given by Q = 30 - 2p. Jeong's marginal willingness to pay function is
 
  A) 30-2p.
  B) 15-.5Q.
  C) 30-2Q.
  D) -2.

Question 2

According to the cost-benefit principle if a change generates 50,000 in gains and 45,000 in losses,
 
  A) it is desirable.
  B) the gain is not large enough to justify the change.
  C) the desirability depends on who gains and who loses.
  D) it is a Pareto improvement.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Ksh22

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jul 1, 2018
Answer to Question 1

B

Answer to Question 2

A


Bernana

  • Member
  • Posts: 530
Reply 2 on: Jul 1, 2018
Wow, this really help

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Blood is approximately twice as thick as water because of the cells and other components found in it.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
The growth in demand for energy use is met by burning fossil fuels The growth in demand for energy use is met by burning fossil fuels
The demand for energy is met by burning coal and other fossil fuels The demand for energy is met by burning coal and other fossil fuels
Marginal Products of Physical and Human Capital Marginal Products of Physical and Human Capital
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Epidural Hematoma

For a complete list of videos, visit our video library