When all players in a game choose the best strategy they can, given the choices of all other players, it is always a:

A. Nash equilibrium.
B. positive-positive outcome.
C. cooperative equilibrium.
D. negative-negative equilibrium.

A. Nash equilibrium.

Economics

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Unemployment caused by changes in technology is called ________ unemployment

A) structural B) frictional C) techno D) cyclical

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If a market is shared equally by four firms, the Herfindahl-Hirschman Index is

A) 1/4. B) 4. C) 25. D) 2,500.

Economics