« previous next »

Author Question: The cross elasticity of demand between Coca-Cola and Pepsi-Cola is ________ so that Coke and Pepsi ... (Read 202 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
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

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Mechanism of penicillin: (a) Bacterial cell wall strengthened by peptide cross-links. (b) Penicillin ... Mechanism of penicillin: (a) Bacterial cell wall strengthened by peptide cross-links. (b) Penicillin ...
The growth in demand for oil in China is driven by the growth in demand for personal transport The growth in demand for oil in China is driven by the growth in demand for personal transport
The Do's and Don'ts of Cross-Contamination The Do's and Don'ts of Cross-Contamination
The monohybrid cross between tall and dwarf pea plants The monohybrid cross between tall and dwarf pea plants
The phenotypic and genotypic ratios of a dihybrid cross can be derived using a branched-line method The phenotypic and genotypic ratios of a dihybrid cross can be derived using a branched-line method
A cross section of muscle showing the molecular organization within the muscle fiber. In normal musc A cross section of muscle showing the molecular organization within the muscle fiber. In normal musc
Video: Multiple Sclerosis Animation

For a complete list of videos, visit our video library