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Author Question: The cross price elasticity of demand for a good is the percentage change in the quantity demanded in ... (Read 96 times)

@Brianna17

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on: Jul 1, 2018
The cross price elasticity of demand for a good is the percentage change in the quantity demanded in response to a given percentage change in
 
  A) income.
  B) the price of that good.
  C) the price of another good.
  D) the quantity demanded of another good.

Question 2

Common knowledge in game theory
 
  A) is information known by all players.
  B) is required for static games.
  C) does not impact the outcome of the game, since everyone has the information.
  D) Both A and B.


johnharpe

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

C

Answer to Question 2

A


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