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Author Question: An improvement in technology would result in A) upward shifts of MC and reductions in output. ... (Read 33 times)

storky111

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on: Jul 1, 2018
An improvement in technology would result in
 
  A) upward shifts of MC and reductions in output.
  B) upward shifts of MC and increases in output.
  C) downward shifts of MC and reductions in output.
  D) downward shifts of MC and increases in output.
  E) increased quality of the good, but little change in MC.

Question 2

The game in Scenario 13.8 is
 
  A) variable-sum.
  B) constant-sum.
  C) cooperative.
  D) a Prisoner's Dilemma.
  E) a Conjoint Crux.


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Pariscourtney

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

D

Answer to Question 2

A


storky111

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

billybob123

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Reply 3 on: Yesterday
Excellent

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