Author Question: The Census survey on work experience asks for the actual hours a person worked; as a result their ... (Read 107 times)

Capo · **on:** Jul 1, 2018

The Census survey on work experience asks for the actual hours a person worked; as a result their estimate of annual work hours is very accurate.

Indicate whether the statement is true or false

Question 2

What is true about threats in the game in Scenario 13.15?

A) Simple can change the equilibrium by means of a credible threat; Boring cannot.
B) Boring can change the equilibrium by means of a credible threat; Simple cannot.
C) Boring can change the equilibrium by means of a credible threat only if it can move before Simple.
D) Simple can change the equilibrium by means of a credible threat only if it can move before Boring.
E) Neither firm has a credible threat with which to change this equilibrium.