"If a normal form game has no pure strategy Nash equilibrium, then in any Nash equilibrium, at least one player is indifferent between both of her pure strategies given the equilibrium strategy of her opponent." Consider a 2 player game in which every player has two pure strategies. Is the following statement true or false? A. True B. False

Q: show FUll solution! An electronic store that sales transistors pay their lot space P 200k annually....

A: Here, given information is: Fixed cost of electronic store: P 200k Variable cost of transistor per ...

Q: 4. The real GDP in the first quarter of 2020 was found to be $500,000 and the number of hours worked...

A: 2020 data:- Real GDP = $500,000 No of hours worked = 5000 2021n data :- Real GDP rose to = $720,000 ...

Q: The demand curve for a monopolist is 2p = 100 - q. Find revenue and marginal revenue. At what value ...

A: Introduction:

Q: Fill in the blanks in the table below. Nominal Population growth 3% 0% Country Inflation Real GDP GD...

A: As per the fisher's equation, Real GDP growth rate = Nominal GDP growth rate - Inflation rate r = n ...

Q: Suppose that you are a bank with the following: • $200 of capital, and $2,000 of deposits. In this e...

A: Require Reserve (7%)  = 7% of Deposit                                     = 0.07 * 2000             ...

Q: Consider the following numerical examples for the Solow Growth Model: Economy A z=1 s=0.5 F(K,N)=K0....

A: The balanced growth path in the Solow model is a steady state in which economic variables like K and...

Q: More and more global business firms are becoming stateless corporations. Do you think this may benef...

A: Multinational corporations conduct business in at least two countries. A multinational corporation i...

Q: Consider the following numerical example of the Solow Growth Model: s=0.25 z=1 F(K,N)=K0.3N0.7 d=0.0...

A: Introduction Y = K0.3 N0.7 Here it has given that capital per worker is 1 and n is 0. So income will...

Q: Write a short note on Foreign Exchange Regulation Act of US 1983?

A: Answer: Introduction: Under this Act's Section twenty nine specifically addressed MNC operations in ...

Q: One way of which has been proposed for sustaining high levels of contribution in voluntary contribut...

A: Allowing participants to pay to penalise free-riders has been suggested as one strategy to maintain ...

Q: Consider the two-player game depicted below A f1,5 2,2 0,4 3,1] в 13,0 4,1 2,5 4,2 c [1,3 2,6 5,2 2,...

A: Nash equilibrium refers to the equilibrium when the dominant strategy matches different players. The...

Q: The U.S. banking sector is one of the most heavily regulated industries. Which of the following agen...

A: In United states, the Office of the Comptroller of the Currency  was created by Congress in 1863. Th...

Q: what do you think about NFTs in the market, is there and need for them? And what are some concerns r...

A: Non-fungible token(NFT): The item can be considered as non-fungible when the particular item cannot ...

Q: rican cities in the early 2000s, and that Medicare enrollees in high-spending cities were a lot h ul...

A: Health care spending is consuming an undeniably bigger extent of GDP consistently, yet there is litt...

Q: Would consumer or producer carry the burden of tax if good is elastic? Show on a graph

A: The tax burden is decided based on the elasticity of demand and supply. If elasticity of demand is g...

Q: If the demand function is p=100-4q, find the level of output at which total revenue is maximum and a...

A: Answers is given:

Q: A diet for a sick person must contain at least 4,000 units of vitamins, 50 units of minerals and 1,4...

A: Introduction:

Q: am trying to find the simplest way to solve the question if Im using a cas calculator) (Formulas an...

A: *Answer: 

Q: (2) A study indicates that spending money on pollution control is effective up to a point but eventu...

A: New research from Greenpeace Southeast Asia and the Centre for Research on Energy and Clean Air deta...

Q: 1. What are the 3 components for Economics Efficiency ?

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: 3. The effect of negative externalities on the optimal quantityof consumption Consider the market fo...

A: Negative externality refers to spill-over cost on society which is not a part of consumption or prod...

Q: Suppose the current exchange rate is 115 yen per dollar. We currently have a demand for 50 units of ...

A: Introduction Suppose we have linear demand function. At current exchange rate, we can demand  Demand...

Q: Which of the following could lead to increases in health care expenditures? (Please choose all that ...

A: In the healthcare market, the expenditure on healthcare services depends upon various demand factors...

Q: 3. The rate of inflation as of Thursday is 6 %, this is expected to continue. Sylvia wants to earn a...

A: Given Rate of inflation =6% We know that the real rate of interest = nominal interest rate minus the...

Q: 3. Technology has the ability to disrupt industries. You are involved in an industry that is undergo...

A: Porter's five forces is a framework for analysis of the competitive environment for a company. It ca...

Q: Suprose a liim hus revenue R=15-. 5q² und (Ost C= 93-13.5e²+50+ 40. Make a sketch of average variabl...

A: The cost which changes with the change in the volume of output is called total variable cost. These ...

Q: How did the large decrease in aggregate demand during the first and second quarters of 2020 (the Cor...

A: The economies around the globe are involved in various economic and financial activities. The econom...

Q: Price Supply h $11 9. D. Quantity 120 180

A: Elasticity of supply measures the responsiveness of quantity supplied with respect to change in pric...

Q: There are 2 firms (i = 1,2) in an economy, which use capital only to produce final output. The produ...

A: Introduction There are two firms in the economy. The economy use only capital to produce final outpu...

Q: What is the opportunitiy cost of having health insurance? What is the opportunity cost of not having...

A: The potential gains that an individual, investor, or organisation misses out on when choosing one op...

Q: Q 4. ( A) Consider the following production functions: are products and xy is the use of input i in ...

A: We are given 2 production functions, where input x is used in producing both Y1  and Y2  Y1= 2x1 Y2=...

Q: At the optimal quantity, what is the total cost of the burgers that are purchased?

A: At optimal quantity, Marginal cost is equal to marginal benefit. As marginal cost is constant throug...

Q: For the following transaction matrix, find the gross output to meet the final demand of 200 units of...

A: Answer is given :

Q: 6. Tariffs as trade policy always involve economic costs to the trading countries; less trade, highe...

A: A tariff is a sort of border tax imposed by a country on an imported commodity. Tariffs have long be...

Q: 2. Below is a tabular data of price and quantity demand and quantity supply for banana que. 10 40 20...

A: P 5 10 15 20 25 Qd 50 40 30 20 10 Qs 10 20 30 40 50 [a] To solve the demand and supply equati...

Q: small a small open economy, illustrate how a fiscal expansion (such as an increase in government spe...

A: Fiscal Expansion is defined as the government spending is higher than their revenue, this condition ...

Q: CAPITAL 10 15 LABOR O 0 0 0 1 20 20.7 20.5 2 38 39.3 40 3 54 57 58.5 4 68 73 76 5 80 87.3 92.5 6 90 ...

A: Introduction Its answer is It has decreasing returns to scale at all level of capital. Table of prod...

Q: What do you think about the US Economic Growth Rate? What strategies can we use to increase the US E...

A: The United States' economic freedom score is 72.1, making it the 25th freest economy in the Index fo...

Q: Consider an economy that lacks any safety regulations. After a review of various incidences of workp...

A: a) Many economic transactions take place in an environment of imperfect information, in which either...

Q: Which of the following best describes a microeconomic question? (A) What is the value of US dollar i...

A: Answer: The right answer for the above mentioned statement is option B: Should a particular firm ent...

Q: In an OLG model with money: Each gen picks 12 banans when young, O bananas when old. Central bank pr...

A: Let we show that the performance of the standard value in this economy work out given below..  

Q: Explain how an increase in tax can reduce tax revenue of a government

A: Tax is the major source of revenue for the government. The major government spending is funded from ...

Q: With the provision of a public good: A) Everyone who uses the good benefits from it in proportion t...

A: As the name suggests, Public goods are those goods made available by the government for the benefit ...

Q: 1.a) Which of the following hampers the growth of global economy? a) spread of capitalism around th...

A: 1. (a.)  Protectionism : The protectionism can be defined as the economic policy which restricts the...

Q: Consumers, firms, and governments face __________ because we are faced with the problem of _________...

A: Introduction: As we know that Scarcity is considered the each and every time a decision is taken for...

Q: In an OLG model with money: Each gen picks 12 banans when young, O bananas when old. Central bank pr...

A: Overlapping Generations Model (OLG) is defined as a model which is used to explain economic growth a...

Q: AC1 AC2 AC1 AC2 LRAC 01 02 Output per time period Refer to the graph above to answer this question. ...

A: The expenses that are being incurred by the business for carrying out its day-to-day transactions ar...

Q: Let us de te Jonn s dally nours of nu his H. SuppoSe thất only source of income is wages for hours w...

A: John's working hours is denoted by H and leisure is denoted by N . The equation of work and leisure ...

Q: Which of the following will always produce a "black market?" a. public goods b. negative externaliti...

A: Black market refers to the situation where the goods are sold at a rate higher than the price fixed ...

Q: Analyse how protectionism can affect consumers in a country

A:   Meaning of Trade: The term trade refers to the situation under which the products and goods are tr...