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Author Question: A shortage tends to put ________ pressure on the price of the product, which ________ the quantity ... (Read 125 times)

newbem

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on: Jun 29, 2018
A shortage tends to put ________ pressure on the price of the product, which ________ the quantity supplied.
 
  A) upward; increases
  B) upward; decreases
  C) downward; increases
  D) downward; decreases

Question 2

Refer to Scenario 12.2. The ideal mixed strategy for Jerome has Jerome waiting for Eliza to donate her kidney with ________ probability.
 
  A) 25
  B) 55
  C) 75
  D) 85


krakiolit

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

A

Answer to Question 2

C


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newbem

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Reply #2 on: Jun 29, 2018
Thank you :)


krakiolit

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Reply #3 on: Jun 29, 2018
Happy to help you


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