This topic contains a solution. Click here to go to the answer

Author Question: The demand for a product is more inelastic a. When it has many close substitutes b. In the ... (Read 90 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
The demand for a product is more inelastic
 a. When it has many close substitutes
  b. In the long-run
 c. When it has many complements
 d. None of the above

Question 2

In a tit for tat strategy players
 a. Focus on maximizing your own profit
 b. Focus on minimizing the rivals profits
 c. Make their strategy difficult for competitors to understand
  d. All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

epscape

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

c

Answer to Question 2

d




berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


xthemafja

  • Member
  • Posts: 348
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

For a complete list of videos, visit our video library