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.

ECON MICRO
5th Edition
ISBN:9781337000536
Author:William A. McEachern
Publisher:William A. McEachern
Chapter6: Consumer Choice And Demand
Section: Chapter Questions
Problem 3.9P
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Need help with macroeconomics multiple choice question

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.
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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