econ final.docx - Your test grade is 96 The professor has...

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Your test grade is 96% The professor has configured this test to allow students to:Show Questions Answered CorrectlyShow Questions Answered IncorrectlyShow All Responses Selected By StudentShow What The Correct Response Should BeQuestion: 1[Question Bank ID: 89050] Question BankID: 89050Question: 1Question BankID: 89050Type: MultipleChoiceInclusion Level: NormalCorrect If two firms producing substitutes agree to fix prices, then their prices will 1.____________ . If two firms producing complements agree to fix prices, then their prices will 2.____________ . SHOW ANSWERS >><< HIDE ANSWERS A 1. increase; 2. increaseB 1. decrease; 2. decreaseC 1. increase; 2. decreaseD 1. decrease; 2. increaseQuestion: 2[Question Bank ID: 11321] Question BankID: 11321Question: 2Question BankID: 11321Type: MultipleChoiceInclusion Level: Normal8905011321
Correct SHOW ANSWERS >><< HIDE ANSWERS A $2 millionB $3 millionC $15 millionD $17 millionQuestion: 3[Question Bank ID: 27846] Question BankID: 27846Question: 3Question BankID: 27846Type: MultipleChoiceInclusion Level: NormalCorrect Your boss asks you to settle a negotiation between yourself and a coworker. In order to improve yourown bargaining position, you should encourage your boss to SHOW ANSWERS >><< HIDE ANSWERS
27846
D Give both of you the same incentive to reach an agreementQuestion: 4[Question Bank ID: 107511] Question Bank ID: 107511Question: 4Question BankID: 107511Type: MultipleChoiceInclusion Level: NormalCorrect SHOW ANSWERS >><< HIDE ANSWERS A Sell only to commercial usersB Sell only to home usersC Sell to both home and commercial users at two pricesD None of the aboveQuestion: 5[Question Bank ID: 93344] Question BankID: 93344Question: 5Question BankID: 93344Type: MultipleChoiceInclusion Level: NormalCorrect SHOW ANSWERS >>10751193344
<< HIDE ANSWERS A A will choose Black and B will choose PinkB A will choose Pink and B will choose PinkC A will choose Black and B will choose BlackD A will choose Pink and B will choose BlackQuestion: 6[Question Bank ID: 31975]

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