Author Question: One common assumption in game theory is that firms a. try to avoid the worst outcome b. try to ... (Read 56 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
One common assumption in game theory is that firms
 a. try to avoid the worst outcome
  b. try to achieve the best outcome
  c. minimize losses
  d. always cooperate
  e. always compete

Question 2

If the quality or quantity of a particular public service is very difficult to monitor, government is more likely to
 a. produce the service itself
  b. contract with private firms to supply the service
  c. take over private corporations to produce the service
  d. refuse to provide the service
  e. raise the price to consumers of the service



alvinum

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

A

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

For a complete list of videos, visit our video library