An example of a zero-sum game is
A) exchange.
B) a consumer purchasing a used car from a used car dealer.
C) the prisoners' dilemma.
D) poker.
D
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Among the criteria used for identifying priority contaminants is that
a. the pollutant must occur in a private water system b. thecontaminant might have a negative effect on the ecology c. the pollutant must be a microorganism d. the contaminant may have an adverse effect on human health e. none of the above
Suppose that there are two laws proposed for eviction notices. Plan A requires landlords to give a renter 30 days to vacate an apartment once he has been served an eviction notice. Under Plan B, he has 60 days to vacate an apartment once he has been served an eviction notice. It follows that landlords will find
A) Plan A more expensive than Plan B. B) Plan B more expensive than Plan A. C) both plans to be equally expensive. D) none of the above
If demand rises and supply rises, equilibrium price will _____ and equilibrium quantity will _____.
Fill in the blank(s) with the appropriate word(s).
Refer to the graph shown. If the market price is P4, the firm will produce:
A. Q4 and earn a profit. B. Q3 and break even. C. Q2 and incur a loss. D. Q3 and earn a profit.