Homework Clinic
Social Science Clinic => Economics => Topic started by: panfilo on Jun 29, 2018
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Game theory would classify a cartel under the topic of
A) zero-sum games.
B) cooperative games.
C) noncooperative games.
D) dominant-strategy games.
Question 2
Firms are more likely to devote resources to research and development when
A) the country is in recession.
B) they expect to earn rewards from successful research and development.
C) it is easy to copy new techniques of other firms.
D) the country has been experiencing slow economic growth in order to spur economic growth.
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Answer to Question 1
B
Answer to Question 2
B