This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a firm is selling a quantity that is NOT on its best-response curve it A) will go out of ... (Read 9 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
on: Jul 1, 2018
If a firm is selling a quantity that is NOT on its best-response curve it
 
  A) will go out of business.
  B) is in a Nash equilibrium.
  C) will want to change its behavior.
  D) is operating in a duopoly.

Question 2

For public goods, in general, the optimal output level is found where the marginal benefits of additional production equal marginal cost.
 
  a. True b. False


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

a


genevieve1028

  • Hero Member
  • *****
  • Posts: 601
Reply #2 on: Jul 1, 2018
Thank you


triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa Zonal wind speeds on Uranus. Shaded areas show the southern collar and its future northern counterpa
Empathy draws a more positive response from the patient because it is based on the willingness of th Empathy draws a more positive response from the patient because it is based on the willingness of th
White Blood Cells Involved in Immune Response White Blood Cells Involved in Immune Response
DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ... DOT placarding requirements: Table 1 materials must be placarded in any quantity, and Table 2 ...
Immune Response to a Food Allergen Immune Response to a Food Allergen
At what speed does Grogzetti need to take the curve to avoid sliding? At what speed does Grogzetti need to take the curve to avoid sliding?
Video: Non-specific disease resistance mechanisms & Skin's defense barriers

For a complete list of videos, visit our video library