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Author Question: Firm X both produces automobiles and owns gas stations. If decides to decrease the gas to induce ... (Read 38 times)

appyboo

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on: Jul 1, 2018
Firm X both produces automobiles and owns gas stations. If decides to decrease the gas to induce higher sales for the automobiles, it means that
 a. the gas and the automobiles are complements
 b. the gas and the automobiles are substitutes
 c. the gas and the automobiles are not related in demand
  d. none of the above

Question 2

At a carnival roulette wheel, a player can either win 10, 30, or 80 . At what cost of play should the player expect the wheel to be fair?
 a. 10
  b. 20
  c. 30
  d. 40


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cupcake16

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

d


appyboo

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

kthug

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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