[Answered] What is your total consumer surplus at the optimal consumption level? a. 2 b. 3 c. 11.50 d. ...

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Author Question: What is your total consumer surplus at the optimal consumption level? a. 2 b. 3 c. 11.50 d. ... (Read 45 times)

armygirl

Hero Member
Posts: 556

on: Jul 1, 2018

What is your total consumer surplus at the optimal consumption level?
a. 2
b. 3
c. 11.50
d. 3.50

Question 2

If player B destroys his own brakes before the race, and player A sees that , what would the new Nash equilibrium be in this case?
a. Player A stops, Player B does not
b. Player B stops, Player A does not
c. Both players stop
d. Neither players stop

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Marked as best answer by a Subject Expert

jomama

Sr. Member
Posts: 346

Reply #1 on: Jul 1, 2018

Answer to Question 1

d

Answer to Question 2

a

armygirl

Hero Member
Posts: 556

Reply #2 on: Jul 1, 2018

Correct answers!

jomama

Sr. Member
Posts: 346

Reply #3 on: Jul 1, 2018

Great! Please up vote

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