Author Question: What is the dominant strategy in the prisoner's dilemma? A) There is no dominant strategy. B) ... (Read 162 times)

justinmsk

  • Hero Member
  • *****
  • Posts: 524
What is the dominant strategy in the prisoner's dilemma?
 
  A) There is no dominant strategy.
  B) Each prisoner confesses because this is the rational action to pursue.
  C) Do nothing in the hope that the other prisoner will also do nothing.
  D) Do not confess because the other prisoner will most likely confess.

Question 2

Rio Tinto's incentive to adopt new robotic technology was increased by the high wages it was having to pay to attract miners and truck drivers. In this instance, Rio Tinto began using new robotic technology to
 
  A) substitute labor for capital in production.
  B) add labor as a complementary resource for its capital.
  C) add capital as a complementary resource for its labor.
  D) substitute capital for labor in production.


heinisk01

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

B

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

For a complete list of videos, visit our video library