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Author Question: If Dell and Toshiba computers are substitutes and the price of dell computers increases we would ... (Read 115 times)

BrownTown3

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If Dell and Toshiba computers are substitutes and the price of dell computers increases we would expect to see
 a. An increase in demand for Toshiba computers
 b. An decrease in demand for Toshiba computers
 c. An increase in the quantity of Toshiba computers demanded
  d. An decrease in the quantity of Toshiba computers demanded

Question 2

If the firm hires security guards to enforce a lockout, what are they implying?
 a. They would always accommodate
  b. They would always bargain hard
  c. They would not accommodate
 d. Both B&C



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ghepp

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Answer to Question 1

a

Answer to Question 2

d




ghepp

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