A good for which the demand falls when income rises

Net exports include goods produced

A) domestically that are sold abroad, less goods that are produced abroad that are sold domestically. B) domestically that are sold abroad, less goods produced domestically that are sold domestically. C) domestically that are sold domestically, less goods produced domestically that are sold abroad. D) abroad that are sold domestically, less goods that are produced domestically that are sold abroad.

Refer to Scenario 9.1. The dominant strategy for Monty is to place ________ sheep on the commons

A) 4 B) 5 C) Monty's dominant strategy depends on how man sheep Sheb places on the commons. D) Monty has no dominant strategy.