When two ice cream vendors locate next to each other on the beach, they are exhibiting a Nash equilibrium
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which type of investor is most likely to have a diversified portfolio?
A) risk averse B) risk loving C) risk neutral D) risk tolerant
Economics
Taxes on goods with ____ demand curves will tend to raise more tax revenue for the government than taxes on goods with ____ demand curves.
a. elastic; unit elastic b. elastic; inelasticc. c; inelasti elastic d. unit elastic; inelastic
Economics
The size of the multiplier depends on
A. the level of autonomous consumption. B. the marginal propensity to consume. C. the level of autonomous investment. D. the level of net exports.
Economics
Common property
A. is owned by everyone. B. is owned by no one. C. Neither A nor B are correct. D. Both A and B are correct.
Economics