When playing a game, you need to
A) anticipate the moves others might be making.
B) choose a strategy based on the move you anticipate from your rival.
C) both A and B
D) neither A nor B
C
You might also like to view...
If the price changes for a good for which the demand is perfectly inelastic, the response will be infinitely large.
Answer the following statement true (T) or false (F)
Which of the following events can not cause the labor-supply curve to shift?
a. a change in people's attitudes toward work b. an increase in the price of output c. a change in workers' alternative opportunities d. an increase in the rate of immigration
The statement that demand increased means that there is a
a. movement to the right along a demand curve. b. leftward shift of the demand curve. c. rightward shift of the demand curve. d. movement to the left along a demand curve.
If the CPI equaled 1.00 in 1995 and 1.65 in 2005 and a typical household's income equaled $35,000 in 1995 and $40,000 in 2005, then between 1995 and 2005, real household income:
A. was constant. B. increased. C. may have either increased or decreased. D. decreased.