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Author Question: As defined by Thomas Schelling, a strategic move is A) any strategy choice in a game. B) any ... (Read 66 times)

swpotter12

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on: Jul 1, 2018
As defined by Thomas Schelling, a strategic move is
 
  A) any strategy choice in a game.
  B) any strategy choice consistent with Nash equilibrium.
  C) any strategy choice in a sequential game.
  D) a strategy choice that influences the subsequent strategy choice of another player.
  E) a strategy choice that restricts the set of outcomes available to another player.

Question 2

A manufacturer of digital music players uses a proprietary file format that is not used by the other firms in the market.
 
  This action by the firm may be an example of using a ________ to reduce the number of firms in the market and to maintain a relatively inelastic demand for its products. A) natural monopoly
  B) positive externality
  C) subsidy
  D) barrier to entry


Eazy416

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

D

Answer to Question 2

D


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