Which of the following events must result in a higher price in the market for cigars?
a. Demand for cigars increases, and supply of cigars decreases.
b. Demand for cigars and supply of cigars both decrease.
c. Demand for cigars decreases, and supply of cigars increases.
d. Demand for cigars and supply of cigars both increase
a
Economics
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In sequential games,
a. Players take turns and observe their rivals choices before they make their choices b. Players take turns but don't observe their rivals choices before they make their choices c. Players move at the same time d. None of the above
Economics
You can also think of interest as:
A. the cost of inflation. B. the price of borrowing per dollar C. the time it takes a bond to mature. D. All of these statements are true.
Economics