Author Question: If the cross elasticity of demand between goods A and B is negative A) the demands for A and B ... (Read 52 times)

jace

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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

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Answer to Question 1

C

Answer to Question 2

A



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