[Answered] Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ...

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Author Question: Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ... (Read 69 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.

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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

Excellent

alvinum

Member
Posts: 317

Reply 3 on: Yesterday

TYSM

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Author Question: Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ... (Read 69 times)

LCritchfi

Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ...

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Need homework help now?

jojobee318

Firms try to capture consumer surplus by A) repeat Nash equilibrium games. B) finding markets with ...

LCritchfi

alvinum