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Author Question: Hicks' Third Law of Demand states that most goods must be: a. gross substitutes. b. gross ... (Read 36 times)

xroflmao

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Hicks' Third Law of Demand states that most goods must be:
 a. gross substitutes.
  b. gross complements.
  c. net substitutes.
  d. net complements.

Question 2

Exceptions to the prohibition against cartels exist for which of the following?
 a. ocean shipping rates
  b. various agricultural products such as milk and oranges
  c. transoceanic airline routes
  d. cardboard box manufacturers
  e. a through c
  f. a through d



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Eazy416

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Answer to Question 1

c

Answer to Question 2

e




xroflmao

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


amandalm

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Reply 3 on: Yesterday
Excellent

 

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