Author Question: Refer to Scenario 13.1. Your negotiations are an example of: A) a noncooperative game. B) a ... (Read 65 times)

saliriagwu

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Refer to Scenario 13.1. Your negotiations are an example of:
 
  A) a noncooperative game.
  B) a cooperative game.
  C) a constant sum game.
  D) a competitive game.
  E) both B and C

Question 2

As noted in the text, the major Japanese auto manufacturers agreed to voluntary import restrictions that reduced the number of cars they could ship to the U.S. market in the 1980s.
 
  One of the key outcomes from this policy is that the Japanese manufacturers were able to: A) focus on more profitable auto markets in other countries.
  B) raise their prices of autos in the U.S. market and capture higher profit margins on the imported cars.
  C) cut their costs by more than the import tariff, so profit per auto increased.
  D) all of the above



Jordin Calloway

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Answer to Question 1

E

Answer to Question 2

B



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