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Author Question: A strategy is called a mixed strategy if it involves choosing ________. A) one particular action ... (Read 237 times)

Zulu123

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on: Jun 29, 2018
A strategy is called a mixed strategy if it involves choosing ________.
 
  A) one particular action for a situation
  B) different actions randomly
  C) an action that yields a higher payoff to the opponent
  D) an action that yields zero payoff to the player

Question 2

An economic agent ________ when he accounts for the full costs and benefits of his actions.
 
  A) is called a free rider
  B) internalizes an externality
  C) maximizes his profit
  D) is called a rent seeker


nothere

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

B

Answer to Question 2

B


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