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Author Question: Economic decision making recognizes that A) all choices have benefits and costs. B) benefits are ... (Read 92 times)

EY67

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Economic decision making recognizes that
 A) all choices have benefits and costs.
  B) benefits are largely free while costs are not.
  C) costs are controllable but benefits are not measurable.
  D) prices do not reflect all information known to managers.
  E) resources and wants are limited.

Question 2

Whether a dominant strategy is an optimal strategy for a firm depends upon the actions of competitors.
 a. True
  b. False
  Indicate whether the statement is true or false



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Loise Hard

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Answer to Question 1

A

Answer to Question 2

False




EY67

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Reply 2 on: Jun 30, 2018
Excellent


AmberC1996

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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