Nooooo
i would take it back or even sue if it was that bad
Answer:
D) Tourists would end up receiving great deals for helicopter tours.
Explanation:
A prisoner's dilemma is a paradox formulated by Merrill Flood and Melvin Dresher. It refers to a situation where two competing individuals (or businesses) should cooperate in order to obtain the best possible results, but they do not cooperate because they lack incentive to do so.
When competing individuals do not cooperate with each other, other people will benefit. In this case since Rich and Sheri will not cooperate with each other, their customers will benefit. In order to win more clients, Rich may start to lower the price of his tours, and eventually that will force Sheri to lower her prices in order to not lose clients. At the end, their customers will benefit because they will pay lower prices.
<span>The federal funds rate is the interest rate charged when</span> one bank lends reserves to another bank
Joe has 8 pencils. This question is so easy XD
Answer:
D) the political process results in collective actions in which everyone is obliged to participate while in the market process individuals are free to participate or not.
Explanation:
We live in a democracy and a capitalistic country, which means that we should all participate in political processes, e.g. presidential elections. Many countries set a fine for people not voting, but the US doesn't. But that doesn't mean that citizens should not participate, your moral and civic obligations (rights and responsibilities) allows you to register to vote and you should vote.
On the other hand, since the US is a capitalistic country it does not decide how resources should be allocated. Well, it partially does through taxes and government spending, but for the most part the government does not force anyone to work at a specific job or engage in specific economic transactions. You are free to participate in any economic transaction, including working or not, and the government will not force you to do so or not to do so.
