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Author Question: How does the leader's behavior in the quantity-leadership (Stackelberg) game compare to that in the ... (Read 186 times)

kaid0807

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on: Jul 1, 2018
How does the leader's behavior in the quantity-leadership (Stackelberg) game compare to that in the analogous price-leadership game?
 a. It behaves as a puppy dog in both.
  b. It behaves as a top dog in the quantity leadership game but a puppy dog in the price leadership game.
  c. It behaves as a top dog in the quantity leadership game but a puppy dog in the price leadership game.
  d. It behaves as a top dog in both.

Question 2

Insurance companies create wealth by
 a. reducing the amount of risk that the risk averse must bear
  b. reducing the amount of risk that risk lovers must bear
  c. increasing the amount of risk that the risk averse must bear
  d. increasing the amount of risk that risk lovers must bear


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mochi09

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

a


kaid0807

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Reply #2 on: Jul 1, 2018
Correct answers!


mochi09

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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