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Author Question: Marginal revenue for a price taker is A) equal to price. B) less than price. C) more than ... (Read 47 times)

brutforce

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on: Jun 29, 2018
Marginal revenue for a price taker is
 
  A) equal to price.
  B) less than price.
  C) more than price.
  D) unrelated to price.

Question 2

Refer to the scenario above. A player should use ________ to play this game.
 
  A) forward induction
  B) backward induction
  C) mixed strategies
  D) his dominated strategy


stanleka1

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

A

Answer to Question 2

B


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