ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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26. Which of the following is NOT a determinant of demand?
(A) The price of a substitute good.
(B) The price of an input to production.
(C) The price of a complementary good.
(D) The expected price of the good next month.
27. Which of the following situations can be understood using game theory
(A) Pricing decisions of different companies.
(B) A nuclear arms race.
(C) Romantic dating.
(D) All of the above.
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Transcribed Image Text:26. Which of the following is NOT a determinant of demand? (A) The price of a substitute good. (B) The price of an input to production. (C) The price of a complementary good. (D) The expected price of the good next month. 27. Which of the following situations can be understood using game theory (A) Pricing decisions of different companies. (B) A nuclear arms race. (C) Romantic dating. (D) All of the above.
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