Income effect shows the change in the quantity of a good a consumer demands because of a change in income, holding prices constant.
B.
Income effect shows the change in the quantity of a good that a consumer demands when the good's price changes, holding other prices and the consumer's utility constant.
C.
Income effect shows the change in the quantity of a good a consumer demands because of a change in price, holding income constant.
D.
Income effect shows the change in the quantity of a good that a consumer demands when other prices and the consumer's utility changes, holding the good's price constant.
【单选题】Which of the following statements is true? Which of the following statements is true? Which of the following statements is true?Which of the following statements is true?3. Which of the following stat...
A.
Negotiating parties are able to reach a win-win deal when they are wrestling on a single issue.
B.
If negotiating parties cannot ask their counterparts directly about their interests, they don't have to bother about it any more.
C.
It is very important for negotiating parties to look at their own positions from their counterparts' point of view.
D.
When negotiating parties figure out their interests, they should maximize their gain at all costs.