Author Question: From the perspective of the employer, which of the following might be a substitute for unskilled ... (Read 66 times)

naturalchemist · **on:** Jun 29, 2018

From the perspective of the employer, which of the following might be a substitute for unskilled labor?

A) Computers
B) Skilled labor
C) Tools
D) Electricity
E) All of the above.

Question 2

Which of the following is true of an extensive-form game?

A) The sum of the payoffs to the players in the game is always constant.
B) It involves simultaneous decision making by the players.
C) It involves sequential decision making by the players.
D) The players in the game earn equal payoffs in equilibrium.