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Author Question: An action that an individual takes in one period to try to control her behavior in a future period is called (Read 115 times)

theo

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Question 1

Monopolistically competitive firms can use product differentiation to do which of the following?


◦ guarantee long-run profitability
◦ block entry of all other firms
◦ provide consumers with commitment devices
◦ gain complete control over the price of their product

Question 2

An action that an individual takes in one period to try to control her behavior in a future period is called


◦ behavioral conditioning.
◦ Pavlovian behavior.
◦ a maximin strategy.
◦ a commitment device.


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Marked as best answer by theo on Apr 19, 2019

briseldagonzales

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theo

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Reply 2 on: Apr 19, 2019
Excellent


covalentbond

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Reply 3 on: Yesterday
:D TYSM

 

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