The combination of psychology and economics to determine individual decision making is known as
A) behavioral economics.
B) psychonomics.
C) neuronomics.
D) positive analysis.
Answer: A
Economics
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Economists assume that the goal of the firm is to maximize total
a. revenue. b. profits. c. costs. d. satisfaction.
Economics
Figure 4-23
Refer to . In which market will the tax burden be most equally divided between the buyer and the seller?
a.
market (a)
b.
market (b)
c.
market (c)
d.
All of the above are correct.
Economics