The solution of a game is dependent upon a. predicted response ...

[lindiwe]

The solution of a game is dependent upon
 a. predicted response of competitors
  b. the existence of a perfectly inelastic demand curve
  c. costs of production being constant
  d. economies of scale in production
  e. marginal revenue being equal to marginal cost

Question 2

Budget maximization results in a budget equal to that desired by the median voter.
 a. True
  b. False

[Toya9913]

Answer to Question 1

A

Answer to Question 2

B

[lindiwe]

YES! Correct, THANKS for helping me on my review

[adf223]

Thanks for the timely response, appreciate it