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Author Question: The government unit that wants to achieve revenue enhancement will find it considerably more ... (Read 38 times)

cabate

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The government unit that wants to achieve revenue enhancement will find it considerably more favorable to enact an excise tax on goods whose demand is
 
  A) highly elastic.
  B) relatively elastic.
  C) highly inelastic.
  D) unitary elastic.

Question 2

In an indefinitely repeated game, a firm might use a ________ to ________ a rival that defects from a cooperative strategy.
 
  A) trigger strategy; threaten
  B) trigger strategy; punish
  C) legal maneuver; sue
  D) tacit threat; dissuade



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jojobee318

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Answer to Question 1

C

Answer to Question 2

B




cabate

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Reply 2 on: Jul 1, 2018
Excellent


parshano

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

 

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