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Author Question: When purchases of tennis socks decline following an increase in the price of tennis sneakers (other ... (Read 65 times)

lunatika

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on: Jul 1, 2018
When purchases of tennis socks decline following an increase in the price of tennis sneakers (other things remaining equal), the relationship between these two items can be described as
 
  A) substitutable.
  B) complementary.
  C) unique.
  D) ordinary.

Question 2

The benefit to employers of deferred payments is that
 
  A) adverse selection is eliminated.
  B) employers cannot engage in any opportunistic behavior.
  C) these payments raise the cost of being fired, so more monitoring is needed.
  D) these payments raise the cost of being fired, so less monitoring is needed.


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akpaschal

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

B

Answer to Question 2

D


lunatika

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  • Posts: 548
Reply 2 on: Jul 1, 2018
Wow, this really help

brbarasa

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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