In a tit for tat strategy players
a. Focus on maximizing your own profit
b. Focus on minimizing the rivals profits
c. Make their strategy difficult for competitors to understand
d. All of the above
d
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Price and total revenue move in the same direction when demand is
A. price inelastic. B. unit price elastic. C. price elastic. D. perfectly price elastic.
Use the following information to answer the next question.SecurityAmount (in billions)Treasury bills$220Corporate bonds140Treasury notes80Corporate stock200U.S. savings bonds60Treasury bonds100Other things equal, an increase of Treasury bonds from $100 billion to $120 billion in the economy would
A. not change the size of the public debt. B. increase the public debt from $400 billion to $420 billion. C. decrease the public debt by $20 billion. D. increase the public debt from $460 billion to $480 billion.
Draw an appropriate diagram to represent the business cycle and label each of the five phases. Provide a brief description of each phase
Discuss a situation in which a government loan guarantee may be socially beneficial
Please provide the best answer for the statement.