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Author Question: If Ben values good X more than good Y, and Catherine values good Y more than good X, a firm can ... (Read 415 times)

jc611

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If Ben values good X more than good Y, and Catherine values good Y more than good X, a firm can increase its profits by
 
  A) charging the same price for both goods.
  B) bundling the goods.
  C) selling the goods in a competitive market.
  D) charging one price per good.

Question 2

A dominated strategy
 
  A) may be part of a Nash equilibrium.
  B) is never played.
  C) can be a best response.
  D) is always part of a mixed-strategy Nash equilibrium.


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sierrahalpin

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jc611

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)


epscape

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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