The kinked demand curve is an attempt to model strategic ...

[vicky]

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]

Answer to Question 1

True

Answer to Question 2

B

[vicky]

Thank you

[ghepp]

No problemo