A fact based on observable phenomenon that is not influenced by differences in personal opinion is called

A game in which all the players are better off at the end of the game is a

A) tit-for-tat game. B) dominant strategy game. C) positive-sum game. D) noncooperative game.

The government should set the price for natural monopolies at their:

A. average total cost. B. marginal cost. C. average variable cost. D. fixed cost.