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Author Question: The kinked demand curve is an attempt to model strategic behavior. Indicate whether the statement ... (Read 94 times)

vicky

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on: Jun 30, 2018
The kinked demand curve is an attempt to model strategic behavior.
  Indicate whether the statement is true or false

Question 2

Economic reasoning suggests that individuals should spend little time learning about election candidates and other electoral issues because:
 a. marginal benefit is zero.
  b. the information cost is too high compared to the benefit to the individual.
  c. information is easily available.
  d. the result of the election are unlikely to have a serious impact on a market-driven economy.


ghepp

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Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

B


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vicky

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Reply #2 on: Jun 30, 2018
Thank you


ghepp

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Reply #3 on: Jun 30, 2018
No problemo


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