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Author Question: Brown can brew 4 gallons of stout or 3 gallons of lager every three months, or any linear ... (Read 157 times)

ssal

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Brown can brew 4 gallons of stout or 3 gallons of lager every three months, or any linear combination in between. Which statement is true?
 
  A) Brown sacrifices 3/4 gallons of lager for every gallon of stout brewed.
  B) Brown sacrifices 1 1/3 gallons of stout for every gallon of lager brewed.
  C) Both of the above are true.
  D) None of the above is true.

Question 2

Which of the following statements is true?
 
  A) In any game, the best response of a player is also her dominant strategy.
  B) The best response of a player is not always her dominant strategy.
  C) A prisoners' dilemma game is an example of a zero-sum game.
  D) A prisoners' dilemma game is an example of an extensive-form game.



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Galvarado142

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Answer to Question 1

C

Answer to Question 2

B




ssal

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


meow1234

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

 

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