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Author Question: The advantage of game theory is that it allows us to focus on the a. individual firm's incentives ... (Read 17 times)

fox

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on: Jun 30, 2018
The advantage of game theory is that it allows us to focus on the
 a. individual firm's incentives to cooperate or not
  b. relationship between the market and firm level demand curve
  c. costs and benefits
  d. government regulators and the firms in an industry
  e. models where there are no barriers to entry

Question 2

All of the following are examples of negative externalities except one. Which is the exception?
 a. water pollution
  b. your roommate going on a diet
  c. second-hand smoke
  d. loud conversation in the workplace
  e. your neighbor building a bomb shelter on her front lawn


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macmac

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

A

Answer to Question 2

B


fox

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

laurnthompson

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Reply 3 on: Yesterday
Excellent

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