Game theory may be used to solve problems of interdependent decision making by large firms

If the opportunity cost of 1 wristwatch is 4 wall clocks in Japan and 2 wall clocks in Germany, it makes sense for Germany to produce wristwatches

Indicate whether the statement is true or false

Use Tobin's q theory and the neoclassical theory of investment to explain why investment rises so rapidly once the economy has passed the trough of a business cycle

What will be an ideal response?