To improve your own bargaining position
a. have low valued outside options
b. increase the value of outside options
c. do not alter the value of your outside options
d. increase the value of your opponent's outside options
b
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If the production of a good involves positive externalities, ________
A) the market price of the good is higher than its optimal price B) the market price of the good is lower than its optimal price C) the average cost of production of the good in the long run is zero D) the variable cost of production of the good is zero
Spending on the structures, equipment, and software that provide the industrial capacity to produce goods and services for all sectors of the economy is called:
A) inventory investment B) business fixed investment C) residential fixed investment D) consumption
What is the distinction between foreign direct investment and foreign portfolio investment?
A fair coin is flipped. You will be paid $1 when it is heads and penalized $1 otherwise. What is the variance of the payoffs?
A. 0.25. B. 0. C. 1. D. 0.50.