This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If cars are normal goods, a fall in income will a. Increase the demand for cars b. Decrease the ... (Read 129 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jul 1, 2018
If cars are normal goods, a fall in income will
 a. Increase the demand for cars
 b. Decrease the demand for cars
 c. Have no effect on the demand for cars
  d. None of the above

Question 2

In repeated games, all of the following allow a firm to escape an inefficient prisoners dilemma equilibrium except
 a. Be nice, don't strike first
 b. Respond immediately to non-cooperation
 c. Punish competitors as much as you can
 d. Make sure your competitors can easily interpret your actions


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cat123

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


joe

  • Hero Member
  • *****
  • Posts: 627
Reply #2 on: Jul 1, 2018
Thank you


cat123

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Tonsils—normal and enlarged. Tonsils—normal and enlarged.
Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos
Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Sickled and normal red blood cells. Sickled and normal red blood cells.
Normal Partial Pressures Normal Partial Pressures
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library