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

Author Question: The fact that consumers often react more to changes in the posted price of a good as compared to ... (Read 46 times)

mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
on: Jul 1, 2018
The fact that consumers often react more to changes in the posted price of a good as compared to changes in the sales tax that is not posted is an example of
 
  A) salience.
  B) salinity.
  C) stupidity.
  D) rational ignorance.

Question 2

What is one potential problem with offering a choice of contracts to two different employees?
 
  A) If Employee A is paid more than Employee B, Employee A might sue for discrimination.
  B) Employee A might be paid less than Employee B, proving statistical discrimination.
  C) The two employees might compare salaries without comparing risk-preferences, thereby running the risk of jealousy or claims of discrimination.
  D) The two employees might compare risk preferences without comparing salaries, thereby running the risk of jealousy or claims of discrimination.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

C


mckennatimberlake

  • Hero Member
  • *****
  • Posts: 559
Reply #2 on: Jul 1, 2018
Thank you


Zebsrer

  • Sr. Member
  • ****
  • Posts: 284
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Urinalysis. During a simple urinalysis, a stick with colored blocks is dipped into a urine specimen. Urinalysis. During a simple urinalysis, a stick with colored blocks is dipped into a urine specimen.
“Bad,” “neutral,” and “good” mutations. “Bad,” “neutral,” and “good” mutations.
Mirror Box Therapy Compared to Mental Visualization and a Control Condition Mirror Box Therapy Compared to Mental Visualization and a Control Condition
Anatomy Of The Eye - The eye can be compared to a camera. Anatomy Of The Eye - The eye can be compared to a camera.
Many gasoline service stations have signs posted warning customers to place plastic fuel containers ... Many gasoline service stations have signs posted warning customers to place plastic fuel containers ...
Dried fruits are good source of sulfur Dried fruits are good source of sulfur
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library