Author Question: A subgame-perfect equilibrium is a Nash equilibrium in which no player can make himself better off ... (Read 145 times)

KimWrice

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A subgame-perfect equilibrium is a Nash equilibrium in which no player can make himself better off by changing his decision at any decision node.
 
  Indicate whether the statement is true or false

Question 2

Which factors explain labor productivity?
 
  A) diminishing returns; the quantity of labor per hour worked
  B) diminishing returns; the quantity of capital per hour worked
  C) technological change; the quantity of capital per hour worked
  D) technological change; the quantity of labor per hour worked


blakeserpa

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Answer to Question 1

TRUE

Answer to Question 2

C



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