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Author Question: A consumer's reservation price is the A) amount she will pay for a hotel or airline reservation. ... (Read 91 times)

Caiter2013

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on: Jul 1, 2018
A consumer's reservation price is the
 
  A) amount she will pay for a hotel or airline reservation.
  B) minimum amount she will pay for a good or service.
  C) price that maximizes her surplus.
  D) maximum amount she will pay for a good or service.

Question 2

Mutually Assured Destruction was a standing policy during the Cold War, in which the United States and the USSR maintained and expanded nuclear arsenals beyond practical levels. What could explain such a phenomenon?
 
  A) insane public officials who were bent on world domination
  B) a prisoner's dilemma
  C) a leader-follower type game
  D) tacit collusion


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cadimas

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

D

Answer to Question 2

B


Caiter2013

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

bdobbins

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Reply 3 on: Yesterday
Wow, this really help

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