This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a game, which strategic choice is called a dominant strategy?[br][br][b][color=red]Question ... (Read 34 times)

futuristic

  • Hero Member
  • *****
  • Posts: 638
on: Jun 30, 2018
In a game, which strategic choice is called a dominant strategy?

Question 2

Monopolistic competitors and perfect competitors are alike in:
 a. facing horizontal demand curves.
 b. earning zero economic profit in the short run.
 c. earning zero economic profit in the long run.
 d. relying on advertising to attract buyers to their products.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Hikerman221

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

The dominant strategy of each player in a game is his/her best choice irrespective of what his/her co-player has chosen.

Answer to Question 2

c


futuristic

  • Member
  • Posts: 638
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia Vertebral compression Fractures of the spine (vertebra) can cause severe ”band-like” pain that radia
The upper intake manifold, often called a plenum, attaches to the lower intake manifold. The upper intake manifold, often called a plenum, attaches to the lower intake manifold.
How to solve a word problem involving trigonometric models (Question 1) How to solve a word problem involving trigonometric models (Question 1)
this is a math question this is a math question
economic question economic question
Chem question Chem question
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library