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Author Question: A Nash equilibrium is a set of strategies that are mutual: a. best responses. b. dominant ... (Read 45 times)

fox

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on: Jul 1, 2018
A Nash equilibrium is a set of strategies that are mutual:
 a. best responses.
  b. dominant strategies.
  c. Pareto optima.
  d. all of the above.

Question 2

The existence of a kinked demand curve under oligopoly conditions may result in
 a. volatile prices
  b. competitive pricing.
  c. prices above the monopoly price.
  d. an increase in the coefficient of variation of prices.
  e. stable prices


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ryhom

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

e


fox

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

patma1981

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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