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Author Question: Hicks' Third Law of Demand states that most goods must be: a. gross substitutes. b. gross ... (Read 40 times)

xroflmao

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on: Jul 1, 2018
Hicks' Third Law of Demand states that most goods must be:
 a. gross substitutes.
  b. gross complements.
  c. net substitutes.
  d. net complements.

Question 2

Exceptions to the prohibition against cartels exist for which of the following?
 a. ocean shipping rates
  b. various agricultural products such as milk and oranges
  c. transoceanic airline routes
  d. cardboard box manufacturers
  e. a through c
  f. a through d


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Eazy416

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

e


xroflmao

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

emsimon14

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Reply 3 on: Yesterday
Excellent

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