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

Author Question: A single production possibilities frontier assumes A) a given set of resources. B) only one good ... (Read 37 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
A single production possibilities frontier assumes
 
  A) a given set of resources.
  B) only one good can be produced from a given set of resources.
  C) resources are free.
  D) there are no opportunity costs of production.
  E) all of the above.

Question 2

Which of the following is true of a prisoners' dilemma game?
 
  A) A prisoners' dilemma game has multiple Nash equilibria.
  B) There is no dominant strategy equilibrium in a prisoners' dilemma game.
  C) The dominant strategy equilibrium in a prisoners' dilemma game is also the Nash equilibrium.
  D) The prisoners' dilemma game is an extensive-form game.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Jun 29, 2018
Excellent

mochi09

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

projections of future oil production projections of future oil production
Energy Production Energy Production
Potatoes are a good source of complex carbohydrates Potatoes are a good source of complex carbohydrates
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
World Crude Oil Production and Reserves (Billions of Barrels) World Crude Oil Production and Reserves (Billions of Barrels)
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Video: Tuberculosis Testing

For a complete list of videos, visit our video library