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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 24 times)

armygirl

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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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jomama

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

d

Answer to Question 2

a


armygirl

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


jomama

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


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