A dominant strategy is one that
A) yields a position of the winner so long as the other participants act as planned.
B) every participant in the game will follow.
C) turns a negative-sum game into a positive-sum game.
D) always yields the highest benefit regardless of what the other players do.
D
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What event in 2009 ignited the euro crisis?
What will be an ideal response?
The price of chicken increases as the result of higher beef prices. This indicates that
a. chicken and beef are substitutes. b. chicken and beef are complements. c. the market demand for beef is inelastic. d. the market demand for chicken is elastic.
Economists generally agree on the role the government should play in promoting productivity and economic growth
a. True b. False Indicate whether the statement is true or false
inflation is
What will be an ideal response?