If there is a combination of strategies in which each player's ...

[faduma]

If there is a combination of strategies in which each player's action is the best response to the actions of other players, then there is
 A) a Boyes equilibrium.
  B) an unstable equilibrium.
  C) a complementary equilibrium.
  D) a Nash equilibrium.

Question 2

For an individual's supply curve of labor to be upward sloping:
 a. the substitution effect must be greater than the income effect.
  b. the substitution effect must be equal to the income effect.
  c. the substitution effect must be less than the income effect.
  d. is an impossibility.

[miss.ashley]

Answer to Question 1

D

Answer to Question 2

a

[faduma]

Thanks for the timely response, appreciate it

[matt95]

Excellent