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Author Question: During the bureaucratic bargaining process, if the legislature tries to counteroffer by saying it ... (Read 51 times)

kodithompson

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on: Jul 1, 2018
During the bureaucratic bargaining process, if the legislature tries to counteroffer by saying it wants less output at a given price, the bureau's can employ the strategy of _____.
 
  a. saying no
  b. telling the legislature that reducing the output would endanger lives
  c. telling the legislature that at the lower output, the price per unit will be much higher
   d. making a counter-offer of more output at a lower price

Question 2

If a city were to ban the use of automobiles within its city limits, we would expect
 
  A) the demand curve for automobiles to shift to the left.
  B) people to move to another city.
  C) the demand curve for bicycles to shift to the left.
  D) the demand curve for automobiles to remain the same.


pikon

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

c

Answer to Question 2

A


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