<span>While
the new helmets
decrease the probability of a serious head injury resulting
from a bike accident, they also incentivize cyclists to ride less safely, which
could
increase the number of bike accidents and thus head injuries to cyclists
</span>
<span>Although the new helmets reduce the
probability of head injuries, such an outcome changes the incentives of
cyclists by making them less cautious</span>
Answer:
$1,061.28
Explanation:
We need to calculate the present value of the bond using the minimum effective rate of 7.1225%
First we calcualte the present value of an annuity of $80 for 10 years


PV = $558.72
Then we calculate the $1,000 in 10 years present value


PV = $502.57
Then we add both values
$502.57 + $558.72 = $1,061.28
This will be the present value AKA market price which yields the minimun rate of 7.1225%
Answer:
D
Explanation:
The Malthus theory states that population should be controlled because there are no enough resources to please the future needs. This is how it works: in the short-run there is a change in technology that leads to an increase in income. Because people have more income, better life standards, the birth rate increases and exceeds the death rate. In the long-run total income would have to be distributed between more people than before and the economy reaches the equilibrium again, in which the birth rate equals the death rate.
In other words, econmic success becomes a reproductive success.
Answer:
<u>Monopolist competition</u>.
Explanation:
The market structure of monopolistic competition occurs when there are several companies offering similar products, which even though substitute products cannot be considered perfect substitutes. Monopolistic competition is characterized when in the market there are many sellers competing for a higher market position of some product or sector. This type of monopolistic competition is characterized by free entry to other companies, which makes it increasingly competitive in the pursuit of customer preference.