Consider the many experiments and examples from psychologists and behavioral economists that support their theories. Explain one of them and what you learned from it.
Blog
Consider the problem of cheating on exams. Provide one tradi…
Consider the problem of cheating on exams. Provide one traditional economics policy to try to curb cheating. Provide one behavioral economics policy to try to curb cheating. Be very specific.
Pick one of the critiques of behavioral economics and its po…
Pick one of the critiques of behavioral economics and its policy recommendations. Do you agree or disagree with the critique? Explain.
Figure: Monopoly Profits 1What is the monopolist’s optimal p…
Figure: Monopoly Profits 1What is the monopolist’s optimal price and output level?
An explicit cost is a cost that:
An explicit cost is a cost that:
Which are features of monopolistic competition?I. few seller…
Which are features of monopolistic competition?I. few sellersII. free entryIII. product differentiation
If the goal of education were solely to support economic gro…
If the goal of education were solely to support economic growth, the ideal graduate would be a jack-of-:
Figure: Market EquilibriumAccording to the figure, the equil…
Figure: Market EquilibriumAccording to the figure, the equilibrium price and quantity are $:
Why is the demand curve for Coca-Cola elastic?
Why is the demand curve for Coca-Cola elastic?
Total revenue is:
Total revenue is: