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Author Question: Who among the following is the most likely to invest in human capital? A) A person with a low ... (Read 36 times)

WWatsford

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on: Jun 29, 2018
Who among the following is the most likely to invest in human capital?
 
  A) A person with a low rate of time preference
  B) A person with a high rate of time preference
  C) A person with no time preference
  D) None of the above.

Question 2

Refer to the scenario above. Which of the following is likely to be true in this case?
 
  A) A unique Nash equilibrium will occur.
  B) A socially inefficient equilibrium will occur.
  C) Multiple equilibria will occur.
  D) A dominant strategy equilibrium will occur.


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yahahah24021

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

A

Answer to Question 2

B


WWatsford

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

ghepp

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Reply 3 on: Yesterday
Excellent

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