This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When a game is played repeatedly A) only customers learn. B) customers and firms are both able to ... (Read 80 times)

jjjetplane

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
When a game is played repeatedly
 A) only customers learn.
  B) customers and firms are both able to learn.
  C) firms end up colluding.
  D) a prisoner's dilemma will be the equilibrium.

Question 2

A change in technology that increases the marginal physical product of an input will:
 a. shift the input demand curve to the left.
 b. shift the input demand curve to the right.
 c. result in a movement down along the input demand curve.
  d. result in a movement up along the input demand curve.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mohan

  • Sr. Member
  • ****
  • Posts: 362
Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

b


jjjetplane

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
Excellent

Zebsrer

  • Member
  • Posts: 284
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo J. P. Morgan, the financial genius, staved off ruinous competition among steel firms by combining mo
W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared W. A. Rogers’s engraving, “Out of the Game,” showed one injured boy tending to another. It appeared
Blood coagulation pathways in vivo showing the central role played by thrombin Blood coagulation pathways in vivo showing the central role played by thrombin
Looking at objects in nature is a great way to encourage joint attention and allows infants to learn ... Looking at objects in nature is a great way to encourage joint attention and allows infants to learn ...
How difficult is it for children to learn to speak two languages? How difficult is it for children to learn to speak two languages?
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Video: How antibiotics works? 💊

For a complete list of videos, visit our video library