What are the Nash equilibrium strategies for Firm A and Firm B respectively?
a. Low, Low
b. Low, High
c. High, Low
d. High, High
a
Economics
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The employment-to-population ratio is equal to the number of
A) unemployed people divided by the total population then multiplied by 100. B) employed people divided by the working-age population then multiplied by 100. C) employed people divided by the total population then multiplied by 100. D) unemployed people divided by the working age population then multiplied by 100.
Economics
The table above shows Tom's total utility from milkshakes and sodas. What is the marginal utility of the eighth soda?
A) 32 units B) 20 units C) 10 units D) 8 units
Economics