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Author Question: Which branch of study helps in economic decision making when an individual's behavior determines the ... (Read 119 times)

crazycityslicker

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Which branch of study helps in economic decision making when an individual's behavior determines the payoffs to others?
 
  A) Microeconomics
  B) Macroeconomics
  C) Game theory
  D) Public economics

Question 2

The price of the steel used to produce car engines increases. How does this price hike affect the demand curve for cars?
 
  A) The demand curve shifts leftward.
  B) The demand curve shifts rightward.
  C) The demand curve does not shift.
  D) There is not enough information to tell how the change shifts the demand curve for cars.



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chloejackso

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Answer to Question 1

C

Answer to Question 2

C





 

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