This topic contains a solution. Click here to go to the answer

Author Question: Which branch of study helps in economic decision making when an individual's behavior determines the ... (Read 104 times)

crazycityslicker

  • Hero Member
  • *****
  • Posts: 537
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

For a complete list of videos, visit our video library