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 97 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
Gracias!

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

A variety of sugar substitutes is available to the consumer A variety of sugar substitutes is available to the consumer
Kinesthesis and Equilibrium Kinesthesis and Equilibrium
Finding the derivative using the power rule - Solutions Finding the derivative using the power rule - Solutions
Finding derivatives of Trig Functions Finding derivatives of Trig Functions
finding the resultant force finding the resultant force
The Hardy–Weinberg equilibrium for two autosomal alleles. The Hardy–Weinberg equilibrium for two autosomal alleles.
Video: Glycolysis - Introduction to ATP and the burning of sugar

For a complete list of videos, visit our video library