This topic contains a solution. Click here to go to the answer

Author Question: Related to the Economics in Practiceon page 199: The price of hot dogs sold from a cart in New ... (Read 20 times)

stock

  • Hero Member
  • *****
  • Posts: 573

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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stock on Apr 19, 2019

allisonblackmore

  • Sr. Member
  • ****
  • Posts: 330
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.
Answer Preview
Only 49% of students answer this correctly





 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

For a complete list of videos, visit our video library