Author Question: The reason we study the sequential labor negotiation game: a. Is to show that these games usually ... (Read 48 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
The reason we study the sequential labor negotiation game:
 a. Is to show that these games usually go on for rounds and rounds
  b. Is to show the importance of the first mover being able to commit to an offer
  c. Is to show the importance of the second mover being able to commit to an offer
  d. Is to show the problems of prisoners dilemmas

Question 2

A linear total cost curve which passes through the origin implies that:
 a. average cost is constant and marginal cost is variable.
  b. average cost is variable and marginal cost is constant.
  c. average and marginal costs are constant and equal.
  d. need more information to answer question.



jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

According to the Migraine Research Foundation, migraines are the third most prevalent illness in the world. Women are most affected (18%), followed by children of both sexes (10%), and men (6%).

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library