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Author Question: Refer to the scenario above. This game ________. A) has a unique Nash equilibrium B) has a ... (Read 172 times)

Yolanda

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on: Jun 29, 2018
Refer to the scenario above. This game ________.
 
  A) has a unique Nash equilibrium
  B) has a unique dominant strategy equilibrium
  C) does not have a dominant strategy equilibrium
  D) does not have a Nash equilibrium

Question 2

Which of the following gives rise to a negative externality?
 
  A) Sudden increase in the price of wheat due to a fall in supply
  B) Sudden increase in the demand for diamonds leading to an increase in their price
  C) Deforestation leading to the extinction of many species
  D) Globalization leading to creation of many new job opportunities


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dreamfighter72

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

C

Answer to Question 2

C


Yolanda

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it

juliaf

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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