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Author Question: The cross elasticity of demand between Coca-Cola and Pepsi-Cola is ________ so that Coke and Pepsi ... (Read 193 times)

jparksx

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on: Jun 29, 2018
The cross elasticity of demand between Coca-Cola and Pepsi-Cola is ________ so that Coke and Pepsi are ________.
 
  A) positive; complements
  B) positive; substitutes
  C) negative; normal goods
  D) negative; substitutes

Question 2

The table above shows the payoff matrix for a prisoners' dilemma game. The Nash equilibrium is that
 
  A) both prisoners do not confess.
  B) both prisoners confess.
  C) prisoner A confesses while prisoner B does not confess.
  D) prisoner A does not confess while prisoner B confesses.


ky860224

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

B

Answer to Question 2

B


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