Author Question: The cross price elasticity of demand for a good is the percentage change in the quantity demanded in ... (Read 106 times)

@Brianna17

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The cross price elasticity of demand for a good is the percentage change in the quantity demanded in response to a given percentage change in
 
  A) income.
  B) the price of that good.
  C) the price of another good.
  D) the quantity demanded of another good.

Question 2

Common knowledge in game theory
 
  A) is information known by all players.
  B) is required for static games.
  C) does not impact the outcome of the game, since everyone has the information.
  D) Both A and B.



johnharpe

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Answer to Question 1

C

Answer to Question 2

A



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