Which of the followings statements is true?
A. The title of a research paper should be mentioned only in the introduction section.
B. The title page should not include any other information except the title of the research paper.
C. Graphs and tables should be included in the main body only.
D. All equations should begin on a new line and should be numbered consecutively.
Answer: D
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Refer to the scenario above. If the players have to pay a fairness penalty of $6, ________
A) the game will not have a Nash equilibrium B) the game will have multiple Nash equilibria C) the game will have multiple dominant strategy equilibria D) the game will have a unique Nash equilibrium
Suppose the market for grass seed is expressed as
Demand: QD = 100 - 2p Supply: QS = 3p Price elasticity of supply is constant at 1. If the supply curve is changed to Q = 8p, price elasticity of supply is still constant at 1. Yet, with the new supply curve, consumers pay a larger share of a specific tax. Why?