A single production possibilities frontier assumes A) a given ...

[Jipu 123]

A single production possibilities frontier assumes
 
  A) a given set of resources.
  B) only one good can be produced from a given set of resources.
  C) resources are free.
  D) there are no opportunity costs of production.
  E) all of the above.

Question 2

Which of the following is true of a prisoners' dilemma game?
 
  A) A prisoners' dilemma game has multiple Nash equilibria.
  B) There is no dominant strategy equilibrium in a prisoners' dilemma game.
  C) The dominant strategy equilibrium in a prisoners' dilemma game is also the Nash equilibrium.
  D) The prisoners' dilemma game is an extensive-form game.

[aprice35067]

Answer to Question 1

A

Answer to Question 2

C

[Jipu 123]

Thanks for the timely response, appreciate it

[shailee]

Gracias!