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Author Question: In the above figure, an increase in the quantity demanded is represented by a movement from point d ... (Read 224 times)

daltonest1984

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on: Jun 29, 2018
In the above figure, an increase in the quantity demanded is represented by a movement from point d to
 
  A) point b only.
  B) point c only.
  C) point a.
  D) both points b and c.

Question 2

_____ refers to actions that one party in a transaction takes based on his private information and that affect the payoff to the other party.
 
  A) Negative externalities
  B) Moral hazard
  C) Positive externalities
  D) Bargaining


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macybarnes

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


daltonest1984

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Reply #2 on: Jun 29, 2018
Correct answers!


macybarnes

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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