Jorge has $300 for work he performed. he expects to spend the money in the next few weeks to buy a new bike. which type of account will be best for jorge?
acertificate of deposit (cd)
bmoney market account
csavings account
dchecking account

On a supply and demand graph, equilibrium is the point where the two curves meet. the supply curve begins. the supply curve ends. the demand curve ends.

What is the rule relating the ratio of marginal utility to prices of two goods at the optimal choice? explain why, if this rule does not hold, the choice cannot be utility-maximizing.

Not all members of the radio audience of orson welles' war of the worlds broadcast panicked immediately. indeed, some didn't panic until they looked out of the window and saw empty streets; others didn't panic until they saw streets full of traffic. it was after checking out the situation that these citizens decided that the martians had indeed invaded earth. this example illustrates that contagion can result when people look to others for the interpretation of ambiguous situations . can result when cultural norms reinforce people's most likely responses. occurs primarily because humans are by nature irrational creatures. is especially likely when people are motivated to make independent decisions.