Author Question: Dominant strategies are often difficult to take because a better alternative could exist. Indicate ... (Read 49 times)

ahriuashd · **on:** Jun 30, 2018

Dominant strategies are often difficult to take because a better alternative could exist.
Indicate whether the statement is true or false

Question 2

If labor demand rises faster than labor supply, it is expected that real wages will ____.
a. stay the same
b. decrease
c. increase
d. Not enough information is available to determine the impact on real wage rates.