Economists Have Used the Ultimatum Game and the Dictator Game

question 279

Multiple Choice

Economists have used the ultimatum game and the dictator game in experiments designed to determine

• A)whether consumers care about fairness when they make decisions.
• B)whether consumers believe it is fair for producers to raise the price of a product for which there is excess demand.
• C)whether consumers understand the difference between implicit costs and explicit costs.
• D)whether consumers understand the rule of equal marginal utility per dollar spent.

Compare the functional roles and societal perceptions of pimps and madams.

Discuss the variance of prostitution practices and attitudes across cultures.

Understand the relationship between dietary components and health complications.

Recognize the importance of specific nutrients and their sources in the human diet.