Author Question: A dominant strategy ________. A) always results in equal payoffs to all the players in a game ... (Read 843 times)

brutforce · **on:** Jun 29, 2018

A dominant strategy ________.

A) always results in equal payoffs to all the players in a game
B) always results in zero payoff to the opponent
C) results in a higher payoff irrespective of the strategy chosen by the other player
D) always results in a lower payoff irrespective of the strategy chosen by the other player

Question 2

When a nation exports a good, its ________ surplus increases and its ________ surplus increases.

A) consumer; total
B) consumer; consumer
C) producer; producer
D) producer; total
E) total; consumer