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

Author Question: The difference between the costs (or benefits) created by both technological and pecuniary ... (Read 60 times)

renzo156

  • Hero Member
  • *****
  • Posts: 526
on: Jul 1, 2018
The difference between the costs (or benefits) created by both technological and pecuniary externalities is that in both cases costs are imposed on _____, but for _____ they are external to the market while _____ are allocated within the market.
 
  a. parties to the transaction; technological externalities; pecuniary externalities
  b. parties to the transaction; pecuniary externalities; technological externalities
  c. third parties; technological externalities; pecuniary externalities
   d. third parties; pecuniary externalities; technological externalities

Question 2

John's utility from an additional dollar increases more when he has 1,000 than when he has 10,000. From this, we can conclude that John
 
  A) is risk averse.
  B) is risk loving.
  C) is risk neutral.
  D) has a negative marginal utility of wealth.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

A


renzo156

  • Hero Member
  • *****
  • Posts: 526
Reply #2 on: Jul 1, 2018
Correct answers!


jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #3 on: Jul 1, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Thick filaments are bipolar structures created by the association of many myosin molecules Thick filaments are bipolar structures created by the association of many myosin molecules
Among the health benefits of marriage is a longer life. Among the health benefits of marriage is a longer life.
How to Factor a Difference of Squares How to Factor a Difference of Squares
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Difference-Between-Carbohydrates-and-Lipids-infographic Difference-Between-Carbohydrates-and-Lipids-infographic
Sensitivity study for facial difference Sensitivity study for facial difference
Video: The 4 steps of translation Animation

For a complete list of videos, visit our video library