Author Question: Consider the same game between the fishermen in the previous question. How does the total number of ... (Read 68 times)

Sufayan.ah · **on:** Jul 1, 2018

Consider the same game between the fishermen in the previous question. How does the total number of fish caught in the Nash equilibrium compare to the number they would catch if they belonged to same company, so shared revenues and costs equally?
a. No change.
b. They would catch more if they worked in the same company.
c. They would catch less if they worked in the same company.

Question 2

One major challenge of the Canadian National Health Insurance System is
a. there is more access to medical technology in Canada.
b. The population density differences in the country.
c. the monopsony power of the Canadian provincial health plans in negotiating fees with physicians' associations.
d. the fact that there is no large inner-city population in Canada to drive up costs.
e. all of the above.