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Author Question: Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ... (Read 71 times)

LCritchfi

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on: Jun 30, 2018
Firms try to capture consumer surplus by
 A) repeat Nash equilibrium games.
  B) finding markets with many competitors.
  C) exploiting suppliers.
  D) personalized pricing.

Question 2

The area below the demand curve but above the market price line is
 A) represents a Nash game outcome.
  B) consumer surplus.
  C) total revenue.
  D) total profit.


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jojobee318

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


LCritchfi

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  • Posts: 519
Reply 2 on: Jun 30, 2018
Excellent

bdobbins

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

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