An example of human capital would be:

A. your writing skills.
B. your desk.
C. your computer.
D. None of these is an example of human capital.

Answer: A

Economics

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Refer to Figure 10.1. If only one light is installed, the people who were not responsible for the light being installed each receive a payoff of

A) 2. B) 4. C) 6. D) 8.

Economics

In a non-cooperative, imperfect information, simultaneous-choice, one-period game, a Nash equilibrium

A) will never exist. B) will always include dominant strategies. C) will always result in both players taking the same action. D) may not maximize the sum of the firms' profits.

Economics