This topic contains a solution. Click here to go to the answer

Author Question: A Nash equilibrium is a set of strategies that are mutual: a. best responses. b. dominant ... (Read 73 times)

fox

  • Hero Member
  • *****
  • Posts: 540
A Nash equilibrium is a set of strategies that are mutual:
 a. best responses.
  b. dominant strategies.
  c. Pareto optima.
  d. all of the above.

Question 2

The existence of a kinked demand curve under oligopoly conditions may result in
 a. volatile prices
  b. competitive pricing.
  c. prices above the monopoly price.
  d. an increase in the coefficient of variation of prices.
  e. stable prices



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ryhom

  • Sr. Member
  • ****
  • Posts: 366
Answer to Question 1

a

Answer to Question 2

e




fox

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Gracias!

 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library