If a tax is imposed in a bargaining game, the players' cooperative surplus

A) increases.
B) declines.
C) remains unchanged.
D) increases for one player and decreases for the other.

B

Economics

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Refer to Table 4-11. The equations above describe the demand and supply for Chef Ernie's Sushi-on-a-Stick. What are the equilibrium price and quantity (in thousands) for Chef Ernie's sushi?

A) $50 and 100 thousand B) $40 and 50 thousand C) $60 and 20 thousand D) $80 and 80 thousand

Economics

If the Japanese buy more Cadillacs, they __________ more yen and __________ more dollars in the foreign exchange market

A) supply; supply B) supply; demand C) demand; supply D) demand; demand

Economics