ZuoTi.Pro
Question

What is NOT implied when preferences display no wealth effect? Select one: a. A decision maker...

What is NOT implied when preferences display no wealth effect?

Select one:

a. A decision maker is willing to accept a different outcome of a transaction if he or she is compensated with a certain amount of money.

b. The decision maker is able to pay any compensation that is necessary to come to a preferred outcome.

c. The decision maker who has more money at his or her disposal is always able to achieve his most preferred outcome by compensating the other party.

d. The compensation needed to accept a different outcome does not depend on how much money the decision maker has at the moment.

business   economics   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Ans. d. The compensation needed to accept a different outcome does not depend on how much money the decision maker has at the moment.

A decision maker who has more money or willing to accept a different outcome then there is no wealth effect on preferences

0 0
Add a comment
Know the answer?
Add Answer to:
What is NOT implied when preferences display no wealth effect? Select one: a. A decision maker...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • What types of organizational culture apply to J.C. Penney before and during this change in leadership?...

    What types of organizational culture apply to J.C. Penney before and during this change in leadership? CASE DESCRIPTION Leadership is the primary subject matter of the case. Secondary issues that may also be examined are corporate culture and the marketing mix of product, price, place and promotion. The difficulty level of this case is a three. It would be appropriate for junior, senior and graduate students. The case may be taught in as little as one hour or could easily...

  • Is there one universal way for a MNC to motivate its employees around the world to...

    Is there one universal way for a MNC to motivate its employees around the world to exert maximum effort and be accountable for their results? case: Global Talent Management at Novartis I do not know how to give you the whole case Sourcing Talent Globally The company was actively involved in sourcing talent from increasingly dispersed locations. Managers were encouraged to keep an updated list of leadership talent. In addition, the company 7 708-486 Global Talent Management at Novartis had...

  • A. Issues [1] In addition to damages for one year's notice period, can a trial judge...

    A. Issues [1] In addition to damages for one year's notice period, can a trial judge award significant damages for the mere fact of an employee's dismissal, or for the stigma that that dismissal brings? Or for the employer thereafter competing with the ex-employee for the clients, before the ex-employee has got a new job? B. Basic Facts [2] This is an appeal from 2009 ABQB 591 (CanLII), 473 A.R. 254. [3] Usually a judgment recites facts before law. But...

  • Write a introduction Paragraph for this paper Foundations of Global Business As an organization that spends...

    Write a introduction Paragraph for this paper Foundations of Global Business As an organization that spends significant time in U.S. government contracts, CACI International works all throughout the world in an assortment of jobs, every one of which fluctuates in size as per what the administration is hoping to achieve. Three noteworthy areas where they work are the United States, the United Kingdom, and Afghanistan. Afghanistan is an individual from the IMF and the World Bank; nonetheless, it isn't yet...

  • I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this...

    I need Summary of this Paper i dont need long summary i need What methodology they used , what is the purpose of this paper and some conclusions and contributes of this paper. I need this for my Finishing Project so i need this ASAP please ( IN 1-2-3 HOURS PLEASE !!!) SPECIAL ARTICLES tole of Monetary Policy C Rangarajan What should be the objectives of monetary policy? Does the objective of price stability conflict with the goal of achieving...

  • Monica’s Designer Handbags: Creative Marketing Decision-Making Based on Financial Analysis—A Case Study Michael T. Manion University...

    Monica’s Designer Handbags: Creative Marketing Decision-Making Based on Financial Analysis—A Case Study Michael T. Manion University of Wisconsin – Parkside Karen Crooker University of Wisconsin – Parkside Peter Knight University of Wisconsin – Parkside Monica learned much about the designer apparel trade as an intern with a major retailer, and started a designer handbag business, selling through independent retailers. She practiced making sound marketing decisions using financial analysis techniques learned in college. These techniques proved useful when a regional discount...

  • What was Novartis ́ main challenge in managing talent in China? Novartis case . Global Talent...

    What was Novartis ́ main challenge in managing talent in China? Novartis case . Global Talent Management at Novartis I do not know how to post the PDF case? cloud you tell me how to give the case Sourcing Talent Globally The company was actively involved in sourcing talent from increasingly dispersed locations. Managers were encouraged to keep an updated list of leadership talent. In addition, the company 7 708-486 Global Talent Management at Novartis had recently expanded its hiring...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • Read this article by Rinaldo Walcott and write a critical review of at least 500 words.   ...

    Read this article by Rinaldo Walcott and write a critical review of at least 500 words.    Article During the coronavirus, academics have found themselves in a crisis of their work Rinaldo Walcott: After decades of pushback, the move to online teaching has been swift. It's time for academics in the humanities and social sciences to step out of the virtual classroom and into the community. By Rinaldo Walcott April 15, 2020 This is part of a series of essays from...

  • Read this article by Rinaldo Walcott and write a critical review of at least 500 words.   ...

    Read this article by Rinaldo Walcott and write a critical review of at least 500 words.    Article During the coronavirus, academics have found themselves in a crisis of their work Rinaldo Walcott: After decades of pushback, the move to online teaching has been swift. It's time for academics in the humanities and social sciences to step out of the virtual classroom and into the community. By Rinaldo Walcott April 15, 2020 This is part of a series of essays from...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT