Functioning financial markets

Assignment Help Accounting Basics

Reference no: EM131016629

In well functioning financial markets, and assuming rational behavior, why would a vegetarian prefer $100 worth of beef to $90 worth of vegetables?

Vegetables will likely rise in value.
The vegetarian could choose the beef, sell the beef, buy the vegetables, and make him or her self better off.
The vegetarian thinks that beef is worth very little.
Vegetables, by their very nature, are worth less than beef.
$90 is worth more than $100 due to the economic principle known as diminishing marginal return.
Beef will likely decline in value, while vegetables will not.
$90 is worth more than $100 due to the economic principle known as diminishing marginal utility of wealth.
All of the Above
None of the Above

Reference no: EM131016629

Questions Cloud

Find an article on the topic of competitive advantage : Find an article on the topic of "Competitive Advantage" in a current business publication. Current business publications include the Wall St. Journal, Business Week, Fortune

Describe three characteristics/behaviors of individual team : As a manager, explain what you would do specifically to create an environment in which teams are more likely to be productive and successful. Include steps you would take, as a manager, to monitor how well the team is functioning and how your stra..

X company has several insurance policies covering different : X Company has several insurance policies covering different periods. On the Balance Sheet, Prepaid Insurance at the beginning of the period was $27,031; Prepaid Insurance at the end of the period was $27,440. On the Income Statement, Insurance Expens..

Steps in the consumer decision-making process : illustrates the five (5) steps in the consumer decision-making process. Using the model as a guide, discuss each step and relate it to a recent decision of your own

Functioning financial markets : In well functioning financial markets, and assuming rational behavior, why would a vegetarian prefer $100 worth of beef to $90 worth of vegetables?

Construct a graph of a social network : IS679: Social Network Application and Analytics - Determine whether the graph/network is directed or undirected. If directed, transform it into undirected graph/network - Prepare an input file to Gephi based on the above undirected graph/network.

Problem regarding the required rate of return : Sunshine has the cash available to make an immediate cash payment for the property. Assuming a 10% required rate of return, at what price would Sunshine be required pay to in order to match LDI's offer?

Explain the price point on which you will focus : In the introduction to your risk analysis, be sure to explain the price point on which you will focus and why you chose the product attributes that you want to acquire

Differences between job order costing and process costing : Explain the similarities and differences between job order costing and process costing.

User Account

All Pages