This topic contains a solution. Click here to go to the answer

Author Question: A monopoly can block the entry of others. Indicate whether the statement is true or ... (Read 83 times)

genevieve1028

  • Hero Member
  • *****
  • Posts: 601
A monopoly can block the entry of others.
  Indicate whether the statement is true or false

Question 2

Assume that the characteristic functions of different coalitions in a three-person group are given by: V(1,2,3) = 60 V(1,2) = 40, V(2,3) = 30, and V(1,3) = 35 . The values created by the individuals separately are given by: V(1) = 20, V(2) = 16, V(3) = 10 . Which of the following allocations will lie within the core?
 a. Payoffs to individuals 1,2, and 3 are 21, 17,and 22 respectively.
  b. Payoffs to individuals 1,2, and 3 are 31, 17, and 12 respectively.
  c. Payoffs to individuals 1,2, and 3 are 21, 26, and 13 respectively.
  d. Payoffs to individuals 1,2, and 3 are 25, 18, and 17 respectively.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cswans24

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

True

Answer to Question 2

D




cswans24

  • Sr. Member
  • ****
  • Posts: 317

 

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

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.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

For a complete list of videos, visit our video library