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Author Question: On a line chart, the income of a consumer is measured along the horizontal axis, and his consumption ... (Read 91 times)

panfilo

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on: Jun 29, 2018
On a line chart, the income of a consumer is measured along the horizontal axis, and his consumption is measured along the vertical axis. The slope of the line is equal to:
 
  A) change in consumption plus change in income.
  B) change in consumption minus change in income.
  C) change in consumption multiplied by change in income.
  D) change in consumption divided by change in income.

Question 2

Refer to the scenario above. If the players have to pay a fairness penalty of 7,000, ________.
 
  A) this game will no longer have a Nash equilibrium
  B) this game will have two Nash equilibria
  C) Nash equilibrium will occur when Mathew chooses bad and Peter chooses good
  D) Nash equilibrium will occur when Mathew chooses good and Peter chooses bad
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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dominiqueenicolee

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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panfilo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

amynguyen1221

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Reply 3 on: Yesterday
:D TYSM

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