Refer to the scenario above. What is the payoff to Firm B in equilibrium?
A) $2.6 million
B) $0
C) $4 million
D) $3 million
D
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Would Tom install the safety equipment?
a. Yes because it costs him less than it is worth b. Yes because it costs him more than it is worth c. No because it costs him more than it is worth d. No because it costs him less than it is worth
The tax cuts of 2008 and 2009 were effective because consumers believed that they were temporary
a. True b. False Indicate whether the statement is true or false
The price elasticity of demand for a good measures the responsiveness of:
A. quantity demanded to a one percent change in price of that good. B. price to a one percent change in the demand for that good. C. price to a one percent change in the quantity demanded of that good. D. demand to a one percent change in price of that good.
Use the following consumption schedule to answer the next question. 
Disposable income equals consumption at
A. point D. B. point C. C. point G. D. point A.