Author Question: The first mover in an extensive-form game should use ________ to win the game. A) forward ... (Read 105 times)

OSWALD · **on:** Jun 29, 2018

The first mover in an extensive-form game should use ________ to win the game.

A) forward induction
B) backward induction
C) pure strategies
D) mixed strategies

Question 2

When the production possibilities frontier is bowed outwards, the opportunity cost of producing more of one good

A) increases in terms of the amount foregone of the other good.
B) decreases in terms of the amount foregone of the other good.
C) remains constant.
D) cannot be determined.