Find that output is also rigid over the business cycle

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Reference no: EM13221565

1. Buying electricity off the freewheeling grid at one quarter 'til the hour for delivery on the hour illustrates: Answer relational contracts with distributors vertical requirements contracts spot market transactions variable price agreements

2. Cooperation in repeated prisoner's dilemma situations seems to be enhanced by all of the following except limited punishment schemes clarity of conditional rewards grim trigger strategy provocability--i.e., credible threats of punishment tit for tat strategy

3. Some industries that have rigid prices. In those industries, we tend to Answer find that output is also rigid over the business cycle find that output varies greatly over the business cycle find the employment in these industries is quite stable over the business cycle find that the rate of return is negative in boom times.

Reference no: EM13221565

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