This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Refer to Figure 14-3. What is the equilibrium outcome in this game and is this a subgame-perfect ... (Read 156 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jun 29, 2018
Refer to Figure 14-3. What is the equilibrium outcome in this game and is this a subgame-perfect equilibrium?
 
  A) In the equilibrium, Odeon offers 40 per copy of the software package and is accepted but this is not a subgame-perfect equilibrium.
  B) There is no equilibrium in this game.
  C) Odeon's offer of 40 per copy of the software package is accepted and this is a subgame-perfect equilibrium.
  D) In the equilibrium, Odeon offers 30 per copy of the software package and is rejected, and this is a subgame-perfect equilibrium.

Question 2

Consumption spending is 22 million, planned investment spending is 7 million, actual investment spending is 7 million, government purchases are 9 million, and net export spending is 3 million.
 
  Based on this information, which of the following is true?
  A) Aggregate expenditure is equal to GDP. B) Aggregate expenditure is greater than GDP.
  C) Aggregate expenditure is less than GDP. D) There was an unplanned change in inventories.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

enass

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

A


vicotolentino

  • Member
  • Posts: 552
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

A comparison of gradualism and punctuated equilibrium. A comparison of gradualism and punctuated equilibrium.
Which aspect of executive functioning is required to play the game of “Simon Says,” in which ... Which aspect of executive functioning is required to play the game of “Simon Says,” in which ...
The distribution of cones and rods over the human retina. The figure illustrates the number of cones ... The distribution of cones and rods over the human retina. The figure illustrates the number of cones ...
Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme Figure of a Woman with a Drawing Showing Evidence of Original Painting and Outlining Design Scheme
If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance? If the frequency equals 60 Hz in Figure 10-1, what is the value of capacitance?
For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately For the circuit in Figure 1, assume ideal diodes. The peak inverse voltage is approximately
Video: Protein catabolism (Krebs cycle) and Protein anabolism (protein synthesis)

For a complete list of videos, visit our video library