If the demand curve in graph B shifts to the right, which of the following most likely happened in Graph A?
a. Point B changed to Q2.
b. Q1 changed to Q2.
c. Point B changed to Point A.
d. P2 changed to P1.
b. Q1 changed to Q2.
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Increases in the capital stock: a. Shift the short run aggregate supply curve to the right
b. Shift the long run aggregate supply curve to the right. c. Shift both short run and long run aggregate supply curves to the right. d. Do none of the above
If two players engaged in a prisoner's dilemma game are likely to repeat the game, they are more likely to cooperate than if they play the game only once
a. True b. False Indicate whether the statement is true or false
When we consider solving a free rider problem through changing social norms, it is helpful to remember:
A. conflict with those in your community can be considered a cost. B. all costs aren't financial. C. social disapproval can be considered a cost. D. All of these statements are true.
Futures markets for agricultural commodities allow to reduce
A. price and profit uncertainty in farming. B. price uncertainty in farming. C. price and output uncertainty in farming. D. price, output, and profit uncertainty in farming.