This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If cars are normal goods, a fall in income will a. Increase the demand for cars b. Decrease the ... (Read 108 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jul 1, 2018
If cars are normal goods, a fall in income will
 a. Increase the demand for cars
 b. Decrease the demand for cars
 c. Have no effect on the demand for cars
  d. None of the above

Question 2

In repeated games, all of the following allow a firm to escape an inefficient prisoners dilemma equilibrium except
 a. Be nice, don't strike first
 b. Respond immediately to non-cooperation
 c. Punish competitors as much as you can
 d. Make sure your competitors can easily interpret your actions


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cat123

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


joe

  • Hero Member
  • *****
  • Posts: 627
Reply #2 on: Jul 1, 2018
Thank you


cat123

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf Human immunodeficiency virus gains entry into helper T cells, uses the cell DNA to replicate, interf
Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d Rhytidoplasty. This is a common form of plastic surgery in which the skin is pulled and sutured to d
The Normal Distribution of Scores for a Standardized Intelligence Test The Normal Distribution of Scores for a Standardized Intelligence Test
Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round Red blood cells with normal hemoglobin, like the three similar ones, are smooth and round
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
The time at which the mailman delivers the mail to Ace Bike Shop follows a normal distribution ... The time at which the mailman delivers the mail to Ace Bike Shop follows a normal distribution ...
Video: Factors that affect conduction rates (myelination, axon diameter & temperature)

For a complete list of videos, visit our video library