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Author Question: An individual transferable quota can be used to achieve the A) equilibrium for a public good. B) ... (Read 113 times)

joblessjake

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on: Jun 29, 2018
An individual transferable quota can be used to achieve the
 
  A) equilibrium for a public good.
  B) efficient use of a common resource.
  C) equilibrium for a private good.
  D) equilibrium for a common resource.

Question 2

In a Nash equilibrium, each player takes the best possible action given the actions of the other players.
 
  Indicate whether the statement is true or false


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AaaA

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


joblessjake

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

strudel15

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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