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Author Question: Goods whose income elasticities are negative are called A) normal goods. B) superior goods. C) ... (Read 128 times)

AEWBW

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on: Jun 29, 2018
Goods whose income elasticities are negative are called
 
  A) normal goods.
  B) superior goods.
  C) inferior goods.
  D) complements.

Question 2

For a Nash equilibrium to be possible, all players must ________.
 
  A) be able to predict their outcomes associated with all possible actions of the other players
  B) have a way to communicate with the other players
  C) have a strategy which allows for collusion
  D) Both A and B


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TheDev123

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


AEWBW

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

Bigfoot1984

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Reply 3 on: Yesterday
:D TYSM

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