This topic contains a solution. Click here to go to the answer

Author Question: The demand for a product is more inelastic a. When it has many close substitutes b. In the ... (Read 88 times)

berenicecastro

  • Hero Member
  • *****
  • Posts: 581
The demand for a product is more inelastic
 a. When it has many close substitutes
  b. In the long-run
 c. When it has many complements
 d. None of the above

Question 2

In a tit for tat strategy players
 a. Focus on maximizing your own profit
 b. Focus on minimizing the rivals profits
 c. Make their strategy difficult for competitors to understand
  d. All of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

epscape

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

c

Answer to Question 2

d




berenicecastro

  • Member
  • Posts: 581
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


Sarahjh

  • Member
  • Posts: 370
Reply 3 on: Yesterday
Wow, this really help

 

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.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

For a complete list of videos, visit our video library