Informing people of social norms is likely to get:
A. more people to act that way, which is always negative.
B. more people to act that way, which can be a problem if policymakers are trying to change typical behavior.
C. more people to act that way, which is always positive.
D. less people to act that way, because people like to be unique.
Answer: B
You might also like to view...
Becky holds $30,000 as money. After a year during which inflation was 5 percent a year, the inflation tax over that year was
A) $1,000. B) $1,500. C) $500. D) $5. E) $3,000.
The __________ market liquidity is, the __________ the bid-asked spread will be
A) higher; wider B) lower; narrower C) higher; narrower D) None of the above.
Suppose that the firm's only variable input is labor. When 50 workers are used, the average product of labor is 50 and the marginal product of labor is 75. The wage rate is $80 and the total cost of the fixed input is $500.What is average variable cost?
A. $10.00 B. $0.63 C. $1.60 D. $3.20 E. none of the above
In the above figure, if the price is $12 per unit, how many units will a profit maximizing perfectly competitive firm produce?
A) 0 B) 20 C) 30 D) 35