The game rock-paper-scissors has
A) a mixed strategy equilibrium.
B) a dominant strategy equilibrium.
C) no equilibrium.
D) a pure strategy equilibrium.
A
Economics
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Which of the following is an example of an implicit cost that a firm might incur?
A) the revenue a firm generates in using its resources B) the rental value of the office space the company owns and uses for itself C) the out-of-pocket expense to hire resources D) taxes owed to the state and Federal governments
Economics
Refer to the information above. If the level of production in the economy equals 3000, the amount of saving equals ________ and the level of unintended inventory investment equals ________
A) 200; 200 B) 200; -200 C) 1200; 600 D) 1200; -600
Economics