ECON 2100 Final: ECON 2100 Kennesaw State ECON2100 Fall2018 FinalExamB Key
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Which of the following could never lead to a change in demand for wine? a decrease in the price of wine. Misty attended the nirvana concert at the omni coliseum in atlanta on november 29, 1993. She paid for a ticket to this show. Her reservation price as a buyer of the ticket was . As a result, her consumer"s surplus from going to the concert was. Foo fighters has a dominant strategy, but giants in the trees does not. This game has exactly one pure strategy nash equilibria. Dave and pat are in a band with their friends taylor, nate, chris, and rami. They sell t-shirts at their concerts (they played a total of 10 shows during the past month). Demand for t-shirts is such that price elasticity of demand is = 9/8 = 1. 125 at every point along the demand curve.
