If Some Constraint Is Relaxed or Alleviated

question 92

Multiple Choice

If some constraint is relaxed or alleviated:

• A)preferences likewise will be relaxed or alleviated.
• B)a consumer will be worse off.
• C)a consumer's behaviour will not change.
• D)a consumer will have more options available.

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Definitions:

Profit Streams

Continuous flows of profit from a business investment or enterprise over time.

Nash Equilibrium

In strategic games, it refers to a scenario where all participants choose strategies that are optimal, given the strategies of all other participants.

AMD

Advanced Micro Devices, a multinational semiconductor company known for its CPUs and GPUs.

Intel

A multinational corporation and technology company known for developing and manufacturing microprocessors and other semiconductor components.