Is instituting fine for anyone caught littering a nudge

Assignment Help Microeconomics
Reference no: EM132179260

Question: 1. Is instituting a $200 fine for anyone caught littering a nudge? Why or why not?

2. Suppose two parents present their 16-year-old with a list of the cars that they will allow him to buy. If the parents decide to add another vehicle to the list, is that affecting the choice architecture for their son? Why or why not?

Reference no: EM132179260

Questions Cloud

Calculate labor force participation rate in an economy : Calculate labor force participation rate in an economy with an adult population of 100, 50 of whom hold jobs, 10 of whom are looking for work.
Perspective or behavior as media consumer : Can you think of findings from media research that has changed your perspective or behavior as a media consumer?
Global business is relevant for top executives : Imagine a classmate says, Global business is relevant for top executives such as CEOs in large companies.
Market to survey-give your rationale for each decision made : Define the market to survey and give your rationale for each decision made. Decide how you will collect the survey information and give your rationale.
Is instituting fine for anyone caught littering a nudge : Is instituting a $200 fine for anyone caught littering a nudge? Why or why not? Suppose two parents present their 16-year-old with a list of the cars.
Examining the time inconsistency : Suppose you have plans to save 5 percent of your salary next year. Then your company goes bankrupt, your pay gets slashed by 30 percent, and you end up.
What is the difference between formal and informal groups : What is the difference between formal and informal groups? Discuss some known noise issues at Chicago O'Hare International Airport.
Compute the book value per share : Bengal Wood Company has current assets of $269,000 and capital assets of $170,000. Compute the book value (net worth) per share
How can cultural differences among audiences affect : How can cultural differences among audiences affect how a public relations message is interpreted and received?

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd