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Author Question: An improvement in technology would result in A) upward shifts of MC and reductions in output. ... (Read 79 times)

storky111

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An improvement in technology would result in
 
  A) upward shifts of MC and reductions in output.
  B) upward shifts of MC and increases in output.
  C) downward shifts of MC and reductions in output.
  D) downward shifts of MC and increases in output.
  E) increased quality of the good, but little change in MC.

Question 2

The game in Scenario 13.8 is
 
  A) variable-sum.
  B) constant-sum.
  C) cooperative.
  D) a Prisoner's Dilemma.
  E) a Conjoint Crux.



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Pariscourtney

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Answer to Question 1

D

Answer to Question 2

A




storky111

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


abro1885

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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