Refer to Table 15-4. What is the amount of Shakti's profit? A) ...

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Refer to Table 15-4. What is the amount of Shakti's profit?
 
  A) 68 B) 72 C) 124 D) 192

Question 2

Refer to Table 14-8. If the firms act out of individual self-interest, which prices will they select?
 
  A) Brawny Juice will select a high price, Power Fuel will select a low price.
  B) Brawny Juice will select a low price, Power Fuel will select a high price.
  C) Both firms will select a high price.
  D) Both firms will select a low price.

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Answer to Question 1

A

Answer to Question 2

D

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Correct answers!

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