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Author Question: For complements, cross price elasticity of demand is: a. Negative b. Positive c. between zero and ... (Read 95 times)

EAugust

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on: Jul 1, 2018
For complements, cross price elasticity of demand is:
 a. Negative
 b. Positive
 c. between zero and one only
  d. zero.

Question 2

If the stores could co-operate, what is the new Nash equilibrium?
 a. Megastore 95 and Superstore 80
 b. Megastore 305 and Superstore 55
  c. Megastore 65 and Superstore 285
  d. Megastore 165 and Superstore 115


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alexisweber49

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

a

Answer to Question 2

d


EAugust

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  • Posts: 550
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

frankwu0507

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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