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Homework 7
Homework 7 is on 4.a of the textbook and Chapter 4 of Food Police.
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What is your last name?
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Enter your first name (not the name you go by, and not a nickname, but your formal first name)
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Enter your CWID below
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Enter your password for this class (given to you by instructor; not the Brahms4321 password)
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Questions regarding (4.a) A primer on tangent lines
Referring to a graph like the one below, if Y increases by 6 and X increases by 2, what does the slope equal?
1/3
3
-1/3
-3
6
-6
2
-2
Clear selection
In the graph below, which line has the largest slope?
A
B
C
None of the lines have a slope
Clear selection
In the graph below, which line is a tangent line of the function in bold?
A
B
C
None of these are a tangent line
Clear selection
In the graph below, the dotted line is a tangent line of the function at point ...?
A
B
C
None of these
Clear selection
In the figure below, line ____ has a slope of zero while line _____ has a positive (but not infinite) slope.
a,b
a,c
a,d
b,a
b,c
b,d
c,a
c,b
c,d
d,a
d,b
d,c
Clear selection
Questions regarding Chapters 4 of Food Police
How many decisions about food do we make on a daily basis?
Your answer
What is the engine behind new food paternalism?
Your answer
Behavioral economics shows that we are
Irrational
Biased
Incapable of making decisions that are in our best interest
All of the above
Clear selection
True or False. We often consume more calories when eating from packages with low-fat labels.
Your answer
In the bottomless soup bowl experiment, what were the findings?
Students ate the same regardless of whether they had the normal bowl or bottomless bowl.
Students with the normal bowls described themselves as still hungry when the meal was over
Students with the bottomless bowl ate 73% more soup then those eating from the normal bowl
The results were inconclusive because no body liked the soup
Clear selection
Who said that “Individuals may be better off if their options are limited and their choices constrained.”?
Your answer
Behavioral economists are exploring the ideas that humans are ____________, but animals are ____________.
Irrational, rational
Rational, irrational
Forward thinking, better at remembering
Better at remembering, forward thinking
Clear selection
True or False. The findings from behavioral economics are really important.
Your answer
True or False. People are easily persuaded by the word free.
Your answer
True or False. Paternalism is different from elitism.
Your answer
Which of the following contains the least amount of estrogen?
Beef
Cabbage
Soybean Oil
Birth control pill
Clear selection
“Recall that many behavioral economists contend that we do not have sufficient self-control to _________________________________.”
Your answer
By claiming to know how our dietary choices should be made, the elite are assuming the role of ___________________________________.”
Your answer
True or False. Experts can make better decisions than layfolk.
Your answer
Who said that “the fatal misstep of such intellectuals is assuming that superior ability within a particular realm can be generalized as superior wisdom or morality over all.”
Lusk
Thaler
Smith
Sowell
Clear selection
What does Lusk give as an example for status quo bias?
Smoking in public
Nutrition Labels
Ethanol subsidies
Hormones in beef
Clear selection
Food police who seek to rescue us from our own fallibilities will, in the process, compound the problem by diminishing our incentives to __________________________.
Your answer
Who wrote the book Mindless Eating?
Your answer
Profit seeking often has a negative connotation, but a surefire way for firms to make profits is to give customers ________________________.
Your answer
What does Lusk give as the viable alternative to paternalism?
Your answer
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