« previous next »

Author Question: Product differentiation plays an important role in perfect competition. Indicate whether the ... (Read 56 times)

Arii_bell

  • Hero Member
  • *****
  • Posts: 596
on: Jun 30, 2018
Product differentiation plays an important role in perfect competition.
  Indicate whether the statement is true or false

Question 2

Assume that the characteristic function of a coalition between three individuals named 1,2, and 3 is V(1,2,3) = 60; while V(1) = 20, V(2) = 16, and V(3) = 10, where V(i) is the value created by individual i. Which of the following allocations will lie within the core?
 a. Payoffs to individuals 1,2, and 3 are 19, 35, and 6 respectively.
  b. Payoffs to individuals 1,2, and 3 are 30, 18, and 12 respectively.
  c. Payoffs to individuals 1,2, and 3 are 32, 20, and 8 respectively.
  d. Payoffs to individuals 1,2, and 3 are 28, 15, and 17 respectively.


Sierray

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Rituals such as the sacrament of the Anointing of the Sick are important expressions of religious be Rituals such as the sacrament of the Anointing of the Sick are important expressions of religious be
It is important for new employees to know the location of all fire extinguishers. (C) Sweep the area ... It is important for new employees to know the location of all fire extinguishers. (C) Sweep the area ...
Lymphocyte differentiation and activation. Lymphocyte differentiation and activation.
Differentiation and Development of the Sex Organs Differentiation and Development of the Sex Organs
Hydrolysis reactions for some biochemically important phosphate compounds (part 1) Hydrolysis reactions for some biochemically important phosphate compounds (part 1)
Phospholipids’ Role in Your Cell Membranes Phospholipids’ Role in Your Cell Membranes
Video: Sex-Linked Traits! How are eye colors inherited in fruit flies?

For a complete list of videos, visit our video library