« previous next »

Author Question: If the cross elasticity of demand between goods A and B is negative A) the demands for A and B ... (Read 66 times)

jace

  • Hero Member
  • *****
  • Posts: 541
on: Jun 29, 2018
If the cross elasticity of demand between goods A and B is negative
 
  A) the demands for A and B are both price elastic.
  B) the demands for A and B are both price inelastic.
  C) A and B are complements.
  D) A and B are substitutes.

Question 2

In a prisoners' dilemma game, which of the following strategies gives the best outcome for both prisoners?
 
  A) Both deny (collusion).
  B) Both confess (not collude).
  C) One confesses while the other denies.
  D) none of the above


mmj22343

  • Sr. Member
  • ****
  • Posts: 297
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Role of calcium, tropomyosin, and troponin in cross-bridge cycling. Role of calcium, tropomyosin, and troponin in cross-bridge cycling.
Cross section of heart with pacemaker leads Cross section of heart with pacemaker leads
Worldly Goods Worldly Goods
Dopamine cannot cross the blood–brain barrier. Levodopa, its precursor, can. Once levodopa crosses ... Dopamine cannot cross the blood–brain barrier. Levodopa, its precursor, can. Once levodopa crosses ...
Cross sections of the thigh Cross sections of the thigh
A Punnett square can be used to derive the F2 ratios in a cross from the F1 generation. A Punnett square can be used to derive the F2 ratios in a cross from the F1 generation.
Video: Structure of Amino Acid, Peptide Bonds & Polypeptides

For a complete list of videos, visit our video library