This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ... (Read 133 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
Firms try to capture consumer surplus by
 A) repeat Nash equilibrium games.
  B) finding markets with many competitors.
  C) exploiting suppliers.
  D) personalized pricing.

Question 2

The area below the demand curve but above the market price line is
 A) represents a Nash game outcome.
  B) consumer surplus.
  C) total revenue.
  D) total profit.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jojobee318

  • Sr. Member
  • ****
  • Posts: 298
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

B


LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Intradermal injections are somewhat difficult to correctly administer because the skin layers are so thin that it is easy to accidentally punch through to the deeper subcutaneous layer.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Wilson and Simberloff's experiments on the equilibrium model of biogeography. Wilson and Simberloff's experiments on the equilibrium model of biogeography.
It is important that parents repeat safety rules to preschoolers and monitor compliance with rules. It is important that parents repeat safety rules to preschoolers and monitor compliance with rules.
Sandwich or capture enzyme immunoassay for patient IgM (double capture: IgM capture, Ag capture). Sandwich or capture enzyme immunoassay for patient IgM (double capture: IgM capture, Ag capture).
Documenting a finding from the ophthalmoscopic examination Documenting a finding from the ophthalmoscopic examination
Finding derivatives of Trig Functions - pt 4 Finding derivatives of Trig Functions - pt 4
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Video: Adolescent Diabetes

For a complete list of videos, visit our video library