Author Question: The beauty of Nash's equilibrium concept is that a. all games have one. b. all games have no more ... (Read 102 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
The beauty of Nash's equilibrium concept is that
 a. all games have one.
  b. all games have no more than one.
  c. all games have a rich set to choose from.
  d. it is a Pareto optimum.

Question 2

When medical fee schedules are negotiated by two monopolistsone representing patients and one representing providersthe equilibrium medical fees will
 a. be greater than fees determined in a competitive market.
  b. be less than fees determined in a competitive market.
  c. be greater than fees determined by provider groups alone.
  d. be less than fees determined by patient groups alone.
  e. depend on the relative bargaining strengths of the two groups negotiating the fee schedule.



bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

a

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library