true/false Word Scramble
|
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
statement | true or false |
A pareto optimal outcome is always one of the fair outcomes for the group | false |
A pareto optimal outcome is a situation where no one is hurt and at least someone is helped | true |
A pareto optimal outcome is one of the outcomes where, for the group: total cost=total benefit | false |
Transitivity is needed to secure the meaning of 'rational individuals choose what is better' | true |
Transitivity is needed to secure the meaning to 'rational individuals reject what is worse' | true |
Transitivity is needed to define public goods | false |
For individuals to maximize their individual welfare, at the level they must buy where total benefit and total cost lines must cross | false |
For individuals to maximize their individual welfare, at the level they must buy where total cost and marginal cost lines must cross | false |
For individuals to maximize their individual welfare, at the level they must buy where marginal cost and net benefit lines must cross | false |
For individuals to maximize their individual welfare, at the level they must buy where marginal benefit and marginal cost lines must cross | true |
For individuals to maximize their individual welfare, at the level they must buy where total benefit and total cost lines must be parallel | true |
For individuals to maximize their individual welfare, at the level they must buy where the vertical distance between total cost and toal benefit must be maximized | true |
For individuals to maximize their individual welfare, at the level they must buy where marginal benefit and marginal cost must be parallel | false |
For individuals to maximize their individual welfare, at the level they must buy where total cost and marginal cost must be parallel | false |
For individuals to maximize their individual welfare, at the level they must buy where marginal cost and net benefit must be parallel | false? |
The expected value of an item is the sum of the probabilities of getting an item times the value of the outcome | false ? |
The expected value of an item is yet another way of defining the basis of rational choice | true |
The expected value of an item is a way of calculating what is ones best choice | true |
prisoner dilemma games are games where the predicted outcome from individuals choices is suboptimal | true |
prisoner dilemma games are games with no more than two persons | false |
prisoner dilemma games are games with dominant strategies | true |
Individual optimality can result when the lines for total benefits and total costs has equal slopes | false |
Individual optimality can result when the lines for total benefits and total costs cross | false |
Individual optimality can result when the lines for total benefits and total costs are a maximum distance apart | true |
Individual optimality results when total costs are minimized | true |
Individual optimality results when total benefits are maximized | true |
The iron law of oligarchy is that all political leaders are self interested | true |
The iron law of oligarchy is that one can never overcome the oppresion of the oligarchs | false |
The iron law of oligarchy is that a law defined by oligarchs will never represent the interests of the masses | false |
The iron law of oligarchy is that any effort at maintaining a democratic organization will tend to end up with all the power in the hands of a few | false ? |
Public goods are good which are always supplied by the government | false |
Public goods are good which are usually not available in the market | true |
Public goods are good which are suboptimally supplied in unorganized groups | true |
Public goods are good which are often require independent incentives to get resources allocated toward their supply | true |
probability is always a number between one and ten | false |
probability has a specific and definable relationship to "odds" | true |
Net benefit is represented by the difference in the vertical heights of the marginal and total cost benefit curves | true |
Net benefit is represented by the difference in the vertical heights of the total cost and total benefit curves | false |
When plunkitt used the phrase 'honest graft' he refered to raising campaign funds by philadelphia republicans | false |
When plunkitt used the phrase 'honest graft' he refered to lobbbying a congressman in washington | false? |
When plunkitt used the phrase 'honest graft' he refered to seeing your opportunities and taking them | true |
morning glories is a phrase used by michales to represent the beautiful people in the us | false |
morning glories is a phrase used by michaels to represent the flower children in the us | false |
morning glories is a phrase used derisively to refer to the weakness of reform groups | true |
morning glories is a phrase used flatteringly to refere to the strengths of reform groups | false |
Created by:
talibear
Popular History sets