A choice architect is someone who:
A. determines which choices are available to builders in a specific area.
B. designs areas that have a lot of choices in determining how the space is used.
C. is in a position to shape the decision-making environment.
D. determines how people should make decisions inside of a specific environment.
C. is in a position to shape the decision-making environment.
You might also like to view...
Recall the Application about the price competition between satellite and cable TV services to answer the following question(s).Recall the Application. In most cases where satellite TV service is introduced in an area with cable TV service, if the price of cable TV increases, then consumer surplus (in the cable TV market) usually:
A. increases. B. decreases. C. drops to zero. D. becomes negative.
A seller's reservation price is generally equal to:
A. the market price. B. the seller's marginal benefit from producing an additional unit. C. the buyer's reservation price. D. the seller's opportunity cost of producing an additional unit.
If a monopolistically competitive firm breaks even, the firm
A) is earning an accounting profit and will have to pay taxes on that profit. B) is earning zero accounting and zero economic profit. C) should advertise its product to stimulate demand. D) should expand production.
Which of the following financial organizations have the ability to influence the supply of reserves in the United States?
A) Only public sector banks B) The World Bank C) Only private commercial banks D) The Fed