In game theory, behavior that results in cooperation as long as the other players continue to cooperate, is referred to as
A) nice behavior.
B) tit-for-tat strategic behavior.
C) simple behavior.
D) opportunistic behavior.
Answer: B
Economics
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From 1977-2011, the average duration of unemployment has been highest in which of the following places?
A) Canada B) Europe C) Mexico D) the United States
Economics
When total revenue reaches its peak (elasticity equals 1), marginal revenue reaches
A) 1. B) zero. C) -1. D) Cannot be determined from the information provided
Economics