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Author Question: A trigger strategy can be used in A) a single-play game or a repeated game. B) a single-play ... (Read 164 times)

rlane42

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on: Jun 29, 2018
A trigger strategy can be used in
 
  A) a single-play game or a repeated game.
  B) a single-play game but not a repeated game.
  C) a repeated game but not a single-play game.
  D) neither a single-play game nor a repeated game.

Question 2

Donna owns the only dog grooming salon on Lonely Island. The figure above shows the dog grooming market. Donna is a single-price monopoly that maximizes profit by charging ________ per grooming and producing ________ groomings per day.
 
  A) 30; 8
  B) 20; 8
  C) 20; 12
  D) None of the above answers is correct.


strudel15

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

C

Answer to Question 2

A


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