Within a game theory model, if a change in decision-making raises corporation A's profits by $50 and lowers corporation B's profits by $60, the game is a
A) negative-sum game.
B) zero-sum game.
C) positive-sum game.
D) cooperative game.
A
Economics
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The process where financial intermediaries create and sell low-risk assets and use the proceeds to purchase riskier assets is known as
A) risk sharing. B) risk aversion. C) risk neutrality. D) risk selling.
Economics
Assume the D curve for orange juice (a normal good) in the US has shifted to the left. Which of the following factors has most likely caused this to happen?
a) Increase in the P of orange juice. b) Increase in the availabilty of energy drinks (substitute products). c) Increase in consumer income. d) Decrease in the supply of orange juice. e) Decrease in the P of orange juice.
Economics