In game theory, a Nash equilibrium is the equilibrium that always yields the best result

Refer to Figure 9-3. Without the quota, the domestic price of peanuts equals the world price which is $2.00 per pound. What is the quantity of peanuts demanded by domestic consumers in the absence of a quota?

A) 10 million pounds B) 28 million pounds C) 30 million pounds D) 40 million pounds

In a small Asian country, it is estimated that a $10,000 increase in capital per hour worked will increase real GDP per hour worked by $600. Based on this information, what is the slope of the per-worker production function in this range?

A) 0.06 B) 6.6 C) 66.6 D) 666