Which of the following can be used to predict the outcome of a game if there are no dominant strategies in the game?

A. Prisoner's dilemma
B. Secure strategy
C. First-mover advantage
D. Nash equilibrium

Answer: D

Economics

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For a common resource, efficiency requires that the ________ equals the ________

A) marginal private benefit; marginal private cost B) marginal social benefit; marginal social cost C) marginal private benefit; marginal social benefit D) marginal social cost; marginal private cost

Economics

Educational attainment tends to be

a. low in countries with high population growth. b. low in countries with low population growth. c. high in countries with high population growth. d. None of the above are true.

Economics