« previous next »

Author Question: Why are private enterprises more efficient than government enterprises? What will be an ideal ... (Read 96 times)

londonang

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
Why are private enterprises more efficient than government enterprises?
 
  What will be an ideal response?

Question 2

How does a dominant strategy equilibrium occur in a simultaneous move game?
 
  What will be an ideal response?


Jevvish

  • Sr. Member
  • ****
  • Posts: 326
Reply #1 on: Jun 29, 2018
Answer to Question 1

Private enterprises are more efficient than government enterprises because government enterprises are often slow to react to market changes and to adopt new technologies.

Answer to Question 2

A dominant strategy equilibrium occurs in a simultaneous move game when each player has one best response to every possible strategy of the other player(s).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
The Number of Children Americans Think Are Ideal The Number of Children Americans Think Are Ideal
Private practice setting. Private practice setting.
(A) A brisk half-moon stroke is an efficient technique to use with the body brush or exfoliation ... (A) A brisk half-moon stroke is an efficient technique to use with the body brush or exfoliation ...
Government Corruption versus GDP per Capita, 2009 Government Corruption versus GDP per Capita, 2009
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library