Author Question: A strategy is called a mixed strategy if it involves choosing ________. A) one particular action ... (Read 178 times)

Zulu123

  • Hero Member
  • *****
  • Posts: 525
A strategy is called a mixed strategy if it involves choosing ________.
 
  A) one particular action for a situation
  B) different actions randomly
  C) an action that yields a higher payoff to the opponent
  D) an action that yields zero payoff to the player

Question 2

An economic agent ________ when he accounts for the full costs and benefits of his actions.
 
  A) is called a free rider
  B) internalizes an externality
  C) maximizes his profit
  D) is called a rent seeker



nothere

  • Sr. Member
  • ****
  • Posts: 324
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

For a complete list of videos, visit our video library