D Question 31 5 pts The Global Preference Survey found that the within-country variation in preferences is larger than cross-county variation. If you are the CEO of a multi-county company, what are the implications of this finding on your operation. Edit View Insert Format Tools Table 12pt v Paragraph BIUABV T2 v :Question 26 5 pts Explain what is future bias. Give an example quote of a future-biased person. Edit View Insert Format Tools Table 12pt v Paragraph v B I U a v g v T2 v Question 22 5 pts Because of a change in your diet, you now strongly preferred oranges to apples. Suppose apples are on the y-axis and oranges on the x-axis. How does this change your indifference curve? Explain. Edit View Insert Format Tools Table 12pt v Paragraph v B I U v g v T2 v lll D Question 27 5 pts Explain the two economic mechanisms that can explain why you are more inclined to buy the newest iPhone if you observe your friend bought one. Edit View Insert Format Tools Table 12pt v Paragraph v BI U A BV TV :Question 28 5 pts What economic theory/theories explain why only 29% of survey respondents reported spending their rst stimulus check on consumption whereas 35% reported saving the check? Explain. Edit View Insert Format Tools Table 12pt v Paragraph v B I U v g v T2 v Question 23 5 pts Give a few reasons to explain why consumers get a lower utility from one unit of consumption tomorrow than from one unit of consumption today. Edit View Insert Format Tools Table 12pt v Paragraph v B I U A v i v T2 v