« previous next »

Author Question: A Nash equilibrium occurs when ________. A) each player has a dominant strategy B) none of the ... (Read 127 times)

Alygatorr01285

  • Hero Member
  • *****
  • Posts: 564
on: Jun 29, 2018
A Nash equilibrium occurs when ________.
 
  A) each player has a dominant strategy
  B) none of the players has a dominant strategy
  C) each player can increase his payoff by choosing a different strategy
  D) none of the players can increase their payoffs by choosing a different strategy

Question 2

Refer to the figure above. What is the profit-maximizing quantity that the monopolist should produce if it faces a constant marginal cost of 3?
 
  A) 200 units
  B) 300 units
  C) 400 units
  D) 600 units


brbarasa

  • Sr. Member
  • ****
  • Posts: 308
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Inheritance of an autosomal dominant disorder Inheritance of an autosomal dominant disorder
A melanistic jaguar is a colour morph which occurs at about 6% frequency in populations. A melanistic jaguar is a colour morph which occurs at about 6% frequency in populations.
Vehicle transmission occurs through contamination of inanimate objects, such as milk. Vehicle transmission occurs through contamination of inanimate objects, such as milk.
Primatologist Volker Sommer and his colleagues showed that langur infanticide had adaptive value and Primatologist Volker Sommer and his colleagues showed that langur infanticide had adaptive value and
A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe
Autosomal dominant inheritance Autosomal dominant inheritance
Video: Interspecific Competition Relationship - Competitive & Niche Differentiation

For a complete list of videos, visit our video library