If a price decrease results in your expenditure on a good decreasing, your demand must be

Refer to Figure 9.7. Without counting any government payments received by firms, as a result of this policy the producer surplus earned on the units sold in the market

A) rose by $15,000. B) rose by $20,000. C) rose by $40,000. D) fell by $5,000. E) fell by $45,000.

When all players in a game choose the best strategy they can, given the choices of all other players, it is always a:

A. Nash equilibrium. B. positive-positive outcome. C. cooperative equilibrium. D. negative-negative equilibrium.