A shortage tends to put ________ pressure on the price of the product, which _______

Author Question: A shortage tends to put pressure on the price of the product, which the quantity ... (Read 126 times)

newbem

Hero Member
Posts: 579

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

Sr. Member
Posts: 318

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

C

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newbem

Hero Member
Posts: 579

Reply #2 on: Jun 29, 2018

Thank you

krakiolit

Sr. Member
Posts: 318

Reply #3 on: Jun 29, 2018

Happy to help you

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Author Question: A shortage tends to put pressure on the price of the product, which the quantity ... (Read 126 times)