subject
Business, 31.01.2022 05:40 dazesreplayy5363

Economics assumes people and firms: A. are rational, respond to incentives, and make all-or-nothing decisions.

B. know everything, respond to incentives, and make decisions by comparing marginal benefi

c. use all available information to achieve their goals, respond to incentives, and make decisic

D. use all available information to achieve their goals, respond to incentives, and make decisic

E. are rational, respond to incentives, and make decisions by comparing marginal benefits with

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 21:00, Bri0929
Upscale hotels in the united states recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. a survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the internet and the telephone, to transact business. assume a company's budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. graphically illustrate how a 20 percent decline in the price of business travel would impact this company's budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. is the company allocating resources efficiently? explain.
Answers: 1
image
Business, 22.06.2019 03:00, zahrast14
Which of the following is not a consideration when determining your asset allocation
Answers: 3
image
Business, 23.06.2019 13:30, nell1234565
Wyome has a career in manufacturing and goes to an office to work every day. at the office, he most likely works with
Answers: 2
image
Business, 23.06.2019 13:50, raymondmunoz4451
In ledland, unemployed adults receive government assistance. to reduce unemployment, the government proposes to supplement the income of those who accept jobs that pay less than government assistance, thus enabling employers to hire workers cheaply. however, the supplement will not raise any worker's income above what government assistance would provide if he or she were not gainfully employed. therefore, unemployed people will have no financial incentive to accept jobs that would entitle them to the supplement. which of the following, if true about ledland, most seriously weakens the argument of the editorial? (a) the government collects no taxes on assistance it provides to unemployed individuals and their families.(b) neighboring countries with laws that mandate the minimum wage an employer must pay an employee have higher unemployment rates than ledland currently has.(c) people who are employed and look for a new job tend to get higher-paying jobs than job seekers who are unemployed.(d) the yearly amount unemployed people receive from government assistance is less than the yearly income that the government defines as the poverty level.(e) people sometimes accept jobs that pay relatively little simply because they enjoy the work.
Answers: 3
You know the right answer?
Economics assumes people and firms: A. are rational, respond to incentives, and make all-or-nothin...

Questions in other subjects:

Konu
Mathematics, 18.11.2019 23:31