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Author Question: A player that starts at the end of the game and progresses to the first move to determine best ... (Read 63 times)

bobthebuilder

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on: Jul 1, 2018
A player that starts at the end of the game and progresses to the first move to determine best responses
 
  A) doesn't understand how to play a game.
  B) is acting irrationally.
  C) is using backward induction.
  D) is using the Stackelberg Strategy.

Question 2

At the current price of a good Al's consumer surplus equals 15 and Ben's consumer surplus equals 15. By using two-part pricing a monopolist could increase his profit by
 
  A) 8.
  B) 16.
  C) 15.
  D) 30.


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dyrone

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

C

Answer to Question 2

D


bobthebuilder

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Reply 2 on: Jul 1, 2018
:D TYSM

yeungji

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Reply 3 on: Yesterday
Excellent

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