Entrepreneurs bring together the factors of production to produce goods and services

Explain what it means to have a mixed-strategy equilibrium in a zero-sum game. What happens if a player deviates from this mixed-strategy equilibrium?

What will be an ideal response?

Because firms can free ride on the research and development of other firms,

A) firms choose a level of research and development where the marginal cost of research is above the economy's marginal return of research. B) firms choose a level of research and development where the marginal cost of research is below the individual firm's marginal return of research. C) firms choose a level of research and development where the marginal cost of research is below the economy's marginal return of research. D) firms choose a level of research and development where the marginal cost of research is equal to the economy's marginal return of research.