Author Question: In a prisoner's dilemma game, each person will pick A) their best outcome given what the other ... (Read 250 times)

lb_gilbert

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In a prisoner's dilemma game, each person will pick
 
  A) their best outcome given what the other person will do.
  B) their best outcome.
  C) their worse outcome.
  D) their best outcome after consulting with the other person.

Question 2

If the price of the good measured on the horizontal axis falls, a consumer's budget line
 
  A) becomes flatter.
  B) becomes steeper.
  C) shifts rightward and its slope does not change.
  D) shifts leftward and its slope does not change.


asware1

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Answer to Question 1

A

Answer to Question 2

A



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