Assume there are two competing social network sites, Mugshot and Graybar, and each grow in value as more people use them
Mugshot has been around longer and has the most users, but people tend to agree that Graybar is a better site, so the equilibrium where everyone uses Graybar is preferred to the equilibrium where everyone uses Mugshot. This situation describes a multiplayer A) assurance game.
B) prisoner's dilemma game.
C) battle of the sexes game.
D) pure coordination game.
A
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The consumption function shows that when disposable income increases by one dollar, consumption expenditure
A) does not change. B) increases by more than a dollar. C) increases by one dollar. D) decreases by less than a dollar. E) increases by less than a dollar.
__________ is starting to challenge the United States regarding the reputation of being a top throwaway society or of being a heavy consumer society
a. Brazil b. Columbia c. Thailand d. China
Given the table below, what is the total fixed cost when 400 units of output are produced? 
A. $500 B. $2000 C. $5000 D. $3500 E. none of the above
One major difference between a debit and credit card is:
A. credit cards are money and the debit card is not. B. debit cards charge late fees. C. you have to pay interest on your purchases if you use a credit card. D. you can build a credit history with the credit card but not with the debit card.