What is the Nash equilibrium of this game?
a. Both of them clean the apartment
b. John cleans, Joe doesn't
c. Joe cleans, John doesn't
d. Neither of them clean the apartment
d
Economics
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If you place $100 in a bank account that pays 6% at the end of each year, and you leave your $100 and all your interest in the bank, how much will you have in the bank at the end of seven years with annual compounding?
A) (106)7. B) 7 ? (106). C) 100 ? (1.60)7. D) 100 ? (1.06)7.
Economics
Economies of scope exist when it is less expensive to produce two or more product lines in a single firm than it is to produce them separately
a. True b. False
Economics