The most heavily traded American stocks are traded on the

Strategies and incentives:

A. do not change when the game is repeated. B. often work quite differently when games are repeated. C. work the same whether games are played once or repeated. D. None of these statements is true.

Roy just got a big promotion at work which includes a sizable pay increase. Roy's demand for Ramen Noodles, an inferior good, will likely:

A. decrease, and his demand curve will shift to the left. B. increase, and his demand curve will shift to the right. C. decrease, causing a movement down along his demand curve. D. decrease, and his demand curve will shift to the right.