This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When both firms have dominant strategies A) the outcome is called a dominant strategy solution. ... (Read 49 times)

formula1

  • Hero Member
  • *****
  • Posts: 666
on: Jul 1, 2018
When both firms have dominant strategies
 
  A) the outcome is called a dominant strategy solution.
  B) joint profits are maximized.
  C) there are multiple Nash equilibria.
  D) there is a prisoners' dilemma.

Question 2

The typical by-product of policies that create more equality by making the rich worse off is _____.
 
  a. an increase in the economic multiplier
  b. a decline in conspicuous consumption
  c. and increase in social stratification
   d. a lowering of economic productivity


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

huda

  • Sr. Member
  • ****
  • Posts: 304
Reply #1 on: Jul 1, 2018
Answer to Question 1

A

Answer to Question 2

d


formula1

  • Member
  • Posts: 666
Reply 2 on: Jul 1, 2018
:D TYSM

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Transmission of autosomal dominant disorders (50% chance for an affected child). Transmission of autosomal dominant disorders (50% chance for an affected child).
with solution with solution
Which of the above illustrations shows an acidic aqueous solution Which of the above illustrations shows an acidic aqueous solution
A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe
What is the pH of a solution of 0.300 M HNO₂ containing 0.190 M NaNO₂? (Ka of HNO₂ is 4.5 × ... What is the pH of a solution of 0.300 M HNO₂ containing 0.190 M NaNO₂? (Ka of HNO₂ is 4.5 × ...
General strategies of forward and reverse genetics General strategies of forward and reverse genetics
Video: Glucose Evaluation Procedure

For a complete list of videos, visit our video library