Refer to Figure 8.1. If Charla and Mirna agree to pay each other $350 to install the pollution-control device on their heating systems, the Nash equilibrium would be found when Charla plays ________ and when Mirna plays ________

The difference between exports and imports of goods is the

A) balance of trade. B) balance of payments. C) balance of accounts. D) balance of paying.

Publications such as Consumer Reports magazine

a. increase the optimal amount of information gathered b. reduce the optimal amount of information gathered c. reduce the amount of common knowledge d. raise the marginal benefit of information curve e. make consumers perfectly informed