In the nonstrategic view of bargaining a. The first-mover ...

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In the nonstrategic view of bargaining
 a. The first-mover usually gains more
  b. The second-mover usually gains more
  c. The gains are usually split evenly
  d. We can say little about how the gains are shared

Question 2

The shape of a firm's long-run average cost curve is determined by:
 a. the degree to which each input encounters diminishing marginal productivity.
  b. the underlying nature of the firm's production function when all inputs are able to be varied.
  c. how much the firm decides to produce.
  d. the way in which the firm's expansion path reacts to changes in the rental rate on capital.

[Liamb2179]

Answer to Question 1

c

Answer to Question 2

b

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Excellent

[ashely1112]

TYSM