If Toby buys two goods and the prices of both goods increase by 50
A) the budget constraint will be unchanged.
B) the slope of the budget constraint stay the same.
C) the slope of the budget constraint will decrease.
D) the budget constraint will shift outward in a parallel fashion.
Question 2
Not all games with two or more Nash equilibria can be solved with pre-play communication because
A) cheap talk may be illegal under anti-trust laws.
B) if there's an incentive for one or more players to lie, then cheap talk lacks credibility.
C) pareto criterion might not be defined.
D) Both A and B
Browning and Gunning demonstrated that placental transfer tissues increase plant reproductive succes
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
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Gossip and ridicule increase the status insecurity of this time of life.
Regular staff meetings increase the efficiency of the medical office staff.
When using forearm pressure on the top of the shoulder, push with your back foot to increase your ...