In a sealed-bid first price auction, if you notice that your competition is stronger, you should

Mutually Assured Destruction was a standing policy during the Cold War, in which the United States and the U.S.S.R. maintained and expanded nuclear arsenals beyond practical levels. What could explain such a phenomenon?

A) insane public officials who were bent on world domination B) a prisoners' dilemma C) a leader-follower type game D) tacit collusion

Gross Domestic Product is the value of all

a. goods and services produced during a particular year b. goods and services sold during a particular year c. final goods and services sold during a particular year d. final goods and services produced during a particular year e. final goods and services produced and sold during a particular year