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Author Question: Nike faces a more__________ demand for its products than a shoe polish producer. a. inelastic b. ... (Read 130 times)

Coya19@aol.com

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on: Jul 1, 2018
Nike faces a more__________ demand for its products than a shoe polish producer.
 a. inelastic
 b. elastic
 c. perfectly elastic
 d. perfectly inelastic

Question 2

A bid rotation scheme in a cartel is where
 a. The cartel members do not participate in auctions
 b. The cartel members never bid against each other
 c. The cartel members take turns winning the bids and do not bid against the member whose turn it is to win
  d. All of the above


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reversalruiz

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

c


Coya19@aol.com

  • Member
  • Posts: 601
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

gcook

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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