This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: As income rises, the share of income spent on food in the United States A) falls. B) remains ... (Read 112 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jun 29, 2018
As income rises, the share of income spent on food in the United States
 
  A) falls.
  B) remains constant at 15 percent.
  C) remains constant at 33 percent.
  D) rises.

Question 2

A collusive agreement between two duopolists is similar to the prisoners' dilemma because in both games
 
  A) the best outcome is always achieved.
  B) each players strategy depends on what the other player does.
  C) the Nash equilibrium is not the best outcome for the players.
  D) All of the above answers are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


kodithompson

  • Member
  • Posts: 566
Reply 2 on: Jun 29, 2018
Gracias!

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Risk factors for falls Risk factors for falls
Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms Selected Vitamins: Food Sources, Functions, and Deficiency and Toxicity Symptoms
Educational Achievement in the United States Educational Achievement in the United States
Different types of fog found throughout the United States Different types of fog found throughout the United States
Spectrum of Food Security Food insecurity and hunger are points along the continuum Spectrum of Food Security Food insecurity and hunger are points along the continuum
A phylogenetic tree showing that all non-African human populations share a closer genetic relationsh A phylogenetic tree showing that all non-African human populations share a closer genetic relationsh
Video: Uterine (menstrual) cycle - phases

For a complete list of videos, visit our video library