This topic contains a solution. Click here to go to the answer

Author Question: An rational, optimizing, self interested consumer would consume up to the point where a. the ... (Read 55 times)

jasdeep_brar

  • Hero Member
  • *****
  • Posts: 569
An rational, optimizing, self interested consumer would consume up to the point where
 a. the consumer surplus from the last unit is positive
  b. the consumer surplus from the last unit is negative
  c. the consumer surplus from the last unit is zero
 d. none of the above

Question 2

What would be the Nash equilibrium of this simultaneous game?
 a. Boxing, boxing
  b. Ballet, ballet
 c. Boxing, ballet
 d. Both A&B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brenm

  • Sr. Member
  • ****
  • Posts: 359
Answer to Question 1

c

Answer to Question 2

d




jasdeep_brar

  • Member
  • Posts: 569
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


abro1885

  • Member
  • Posts: 337
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library