This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Suppose that people find out that eating more fish improves their health, leading them to increase ... (Read 109 times)

asmith134

  • Hero Member
  • *****
  • Posts: 576
on: Jun 29, 2018
Suppose that people find out that eating more fish improves their health, leading them to increase their demand for fish. As a result, the equilibrium price of fish ________ and the equilibrium quantity ________.
 
  A) rises; decreases
  B) rises; increases
  C) falls; decreases
  D) falls; increases

Question 2

In a prisoner's dilemma, the Nash equilibrium occurs where
 
  A) neither person ends up with their best outcome.
  B) both end up with their best outcome.
  C) only one ends up with his best outcome.
  D) the one who goes first ends up with his best outcome.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

wuly

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


asmith134

  • Member
  • Posts: 576
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

apple

  • Member
  • Posts: 352
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

1–12 Elements essential to animal life and health 1–12 Elements essential to animal life and health
Fish-1 Fish-1
Fish disection photo Fish disection photo
Regions of the Hypothalamus Involved in Eating and Metabolism Regions of the Hypothalamus Involved in Eating and Metabolism
Standard Precautions for the Care of all Patients in All Health Care Settings Standard Precautions for the Care of all Patients in All Health Care Settings
How to find the equation of a line passing through two points How to find the equation of a line passing through two points
Video: Spermatogenesis Animation

For a complete list of videos, visit our video library