There is a 15 percent increase in the price of lumber used by a ...

[Starlight]

There is a 15 percent increase in the price of lumber used by a firm that builds new homes. This causes
 
  A) a decrease in the quantity of new homes supplied.
  B) an increase in the supply of new homes.
  C) an increase of the quantity supplied of new homes.
  D) a decrease in the supply of new homes.

Question 2

Within a game theory model, if a change in decision-making raises corporation A's profits by 50 and lowers corporation B's profits by 40, the game is a
 
  A) negative-sum game.
  B) zero-sum game.
  C) positive-sum game.
  D) cooperative game.

[akpaschal]

Answer to Question 1

D

Answer to Question 2

C

[Starlight]

TYSM

[LVPMS]

Excellent