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Author Question: Related to the Economics in Practiceon page 199: The price of hot dogs sold from a cart in New ... (Read 24 times)

stock

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on: Apr 19, 2019

Question 1

In efficient markets, ________ flows toward ________ opportunities.


◦ investment capital; consumption
◦ investment capital; profit
◦ consumption; profit
◦ consumption; investment

Question 2

Related to the 
Economics in Practice on page 199: The price of hot dogs sold from a cart in New York's Central Park is much higher than the standard price elsewhere in New York. Which of the following, if 
true, would provide the best explanation for this difference?


◦ Only licensed vendors may sell hot dogs from a cart, and the price of that license is higher for sales in Central Park than it is for sales elsewhere in New York.
◦ The standard price of hot dogs in New York is higher than the standard price of hot dogs in other cities.
◦ In Central Park, prices for hamburgers and other foods are typically higher than they are outside of Central Park.
◦ Almost all hot dog vendors sell essentially the same product: a standard quality-certified hot dog and two varieties of mustard.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by stock on Apr 19, 2019

allisonblackmore

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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stock

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Reply #2 on: Apr 19, 2019
Thanks


allisonblackmore

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Reply #3 on: Apr 19, 2019
Welcome :)


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