Putting money into mental categories can:
A. cause people to take risks they wouldn't otherwise take.
B. help people organize their expenditures.
C. cause irrational behavior.
D. All of these are true.
D. All of these are true.
You might also like to view...
Before summer 2008, if you wanted a cell phone in Bhutan, you only had one choice: B-Mobile, owned and operated by the government. What does Kuenga Gyalthen mean he states that, "Up until now, because of the monopoly, we've all been suffering
So, I mean, it's finally time the consumer actually is king for a little while."? A) He believes that producer surplus is greater with competition. B) He believes that total surplus is greater with a monopoly. C) He believes that prices are lower with a monopoly. D) He believes that consumer surplus is greater with competition.
A person buys a newly issued bond that matures in 10 years with a face value of $10,000 and a coupon rate of 5.2%. How much money will the bondholder receive in the tenth year?
A. $10,052. B. $10,520. C. $10,000. D. $52. E. $9,480.
All of the following are true regarding cartels except which one?
A) They are stable. B) They create a deadweight loss. C) They are illegal. D) They set the price higher than the competitive price.
Offering employees an efficiency wage may: a. reduce turnover
b. attract the most productive workers. c. lead to a reduction in training costs. d. result in any of the above.