« previous next »

Author Question: If production is given by Q = KL, doubling both inputs a. more than doubles output. b. exactly ... (Read 56 times)

abern

  • Hero Member
  • *****
  • Posts: 533
on: Jul 1, 2018
If production is given by Q = KL, doubling both inputs
 a. more than doubles output.
  b. exactly doubles output.
  c. increases output but does not double it.
  d. leaves output unchanged.

Question 2

Two games that differ only in the timing of movesone simultaneous, the other sequential movecan sometimes have completely different subgame-perfect equilibria. Why?
 a. The second mover to choose non-credible threats.
  b. The first mover can choose an action that it would deviate from if its action were secret.
  c. Subgame-perfect equilibrium cannot be applied to simultaneous games.
  d. All of the above.


bubulittle310@msn.cn

  • Sr. Member
  • ****
  • Posts: 281
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
(a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest (a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest
Production of monoclonal antibodies Production of monoclonal antibodies
The Production of Cytotoxic T-lymphocytes (CTLs) The Production of Cytotoxic T-lymphocytes (CTLs)
ATP Production in Cardiac Muscle ATP Production in Cardiac Muscle
A comparison of sperm production and egg production in humans A comparison of sperm production and egg production in humans
Video: HIV replication/ Replication cycle of HIV

For a complete list of videos, visit our video library