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Author Question: If a player has a strategy where one course of action under-performs all others no matter what other ... (Read 66 times)

haleyc112

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If a player has a strategy where one course of action under-performs all others no matter what other players do, that strategy is
 A) a prisoner's dilemma.
  B) dominated.
  C) dominant.
  D) a loser.

Question 2

When wages decrease
 a. the substitution effect increases the quantity of labor supplied.
  b. the substitution effect increases the supply of labor.
 c. the income effect increases the quantity of labor supplied.
 d. the income effect increases the supply of labor.



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lorealeza77

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Answer to Question 1

B

Answer to Question 2

c




haleyc112

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Reply 2 on: Jun 30, 2018
:D TYSM


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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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