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Author Question: Refer to Table 14-5. What is the Nash equilibrium in this game? A) Both Ming and Henri offer free ... (Read 36 times)

Capo

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on: Jun 29, 2018
Refer to Table 14-5. What is the Nash equilibrium in this game?
 
  A) Both Ming and Henri offer free pickup and delivery.
  B) There is no Nash equilibrium.
  C) Henri offers free pickup and delivery, but Ming does not.
  D) Ming offers free pickup and delivery, but Henri does not.

Question 2

Refer to Figure 17-2. If Becca can sell her bracelets at 3 each, what is the marginal product of the 4th worker?
 
  A) 36 bracelets B) 36 C) 144 D) 12 bracelets


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akudia

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Capo

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Reply 2 on: Jun 29, 2018
Gracias!

bitingbit

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Reply 3 on: Yesterday
Excellent

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