[Answered] For complements, cross price elasticity of demand is: a. Negative b. Positive c. between zero and ...

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Author Question: For complements, cross price elasticity of demand is: a. Negative b. Positive c. between zero and ... (Read 66 times)

EAugust

Hero Member
Posts: 550

on: Jul 1, 2018

For complements, cross price elasticity of demand is:
a. Negative
b. Positive
c. between zero and one only
d. zero.

Question 2

If the stores could co-operate, what is the new Nash equilibrium?
a. Megastore 95 and Superstore 80
b. Megastore 305 and Superstore 55
c. Megastore 65 and Superstore 285
d. Megastore 165 and Superstore 115

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alexisweber49

Sr. Member
Posts: 311

Reply #1 on: Jul 1, 2018

Answer to Question 1

a

Answer to Question 2

d

EAugust

Member
Posts: 550

Reply 2 on: Jul 1, 2018

Gracias!

jamesnevil303

Member
Posts: 337

Reply 3 on: Yesterday

Wow, this really help

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