Refer to the figure below. If Jess chooses A, then Cory's best response is: 
A. to choose the cell in which Cory's payoff is 10.
B. non-existent.
C. to choose B.
D. to choose A.
Answer: D
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If the United States imposes a tariff on imported cars, the
A) U.S. demand curve shifts rightward. B) U.S. demand curve shifts leftward. C) U.S. supply curve shifts rightward. D) the price in the United States rises but neither the U.S. demand curve nor the U.S. supply curve shift.
How is the incidence of a sales tax between the buyer and the seller determined?
What will be an ideal response?
Which of the following would lead to an increase in the demand for fast food in Chicago?
a. An increase in Chicago's population b. A decrease in average consumer income in Chicago. c. A front page newspaper article in Chicago stating that fast food is very bad for your health. d. A decrease in the average price charged by sit-down restaurants.
The BLS has recently made explicit adjustments in its CPI calculations to control for
A. food safety quality issues. B. purchase location adjustments. C. issues relating to the frequency of market basket updates. D. substitution between goods.