Horizontal equity means that equally situated individuals should be taxed equally
a. True
b. False
Indicate whether the statement is true or false
True
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In a two-player simultaneous game, if player A has a dominant strategy and player B does not, player B will
A) employ a mixed strategy. B) choose his best strategy assuming that player A plays her dominant strategy. C) not achieve a Nash equilibrium. D) assume that player A does not choose her dominant strategy.
Harry's HVAC sells its new units with locked and encrypted servicing software, which only Harry's own service technicians can operate. Why would it want to do that? a. To ensure that the customer knows that they are stuck with Harry's service technicians b. To ensure that Harry's technicians do not service the equipment
c. To ensure that the customers do not buy second-class servicing and then infer faulty design if a unit breaks down due to inadequate service d. All of the above