In a game with more than three players, the vertical axis on the left side of the graph measures payoffs and the vertical axis on the right side of the graph measures the number of players

Indicate whether the statement is true or false

FALSE

Economics

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Points inside a production possibilities curve are ________ and ________

A) efficient; unattainable B) inefficient; unattainable C) efficient; attainable D) inefficient; attainable

Economics

An aggregate supply curve with a positive slope is associated with an economy in which: a. input prices and final goods prices always change by the same amount

b. firms expect output prices to be unaffected by changes in input prices. c. nominal wages and salaries do not change much in the short run. d. firms expect consumer demand to be unaffected by changes in prices of final goods.

Economics