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Author Question: Refer to the scenario above. Robert should use ________ to play this game. A) forward induction ... (Read 40 times)

vicotolentino

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on: Jun 29, 2018
Refer to the scenario above. Robert should use ________ to play this game.
 
  A) forward induction
  B) backward induction
  C) mixed strategies
  D) his dominated strategy

Question 2

In the above figure, when the interest rate is 8 percent and household income is 40,000, household consumption is
 
  A) 0.
  B) 20,000.
  C) 35.000.
  D) 60,000.


lorealeza

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

B

Answer to Question 2

B


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vicotolentino

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Reply #2 on: Jun 29, 2018
Thank you


lorealeza

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Reply #3 on: Jun 29, 2018
No problemo


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