Refer to the scenario above. Robert should use ________ to play this game. A) forward induction ...

Author Question: Refer to the scenario above. Robert should use ________ to play this game. A) forward induction ... (Read 42 times)

vicotolentino

Hero Member
Posts: 552

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

Sr. Member
Posts: 345

Reply #1 on: Jun 29, 2018

Answer to Question 1

B

Answer to Question 2

B

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vicotolentino

Hero Member
Posts: 552

Reply #2 on: Jun 29, 2018

Thank you

lorealeza

Sr. Member
Posts: 345

Reply #3 on: Jun 29, 2018

No problemo

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