There are two equilibria in each of the following two-player games except

A) a prisoner's dilemma game.
B) a pure coordination game.
C) an assurance game.
D) a battle of the sexes game.


A

Economics

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Refer to Figure 16-3. Suppose Chantal charges all her customers a uniform price of $10 for a haircut. Which of the following statements is true?

A) Chantal is maximizing revenue in market B. B) Chantal is selling more than the profit-maximizing quantity of haircuts in market B. C) Chantal is selling less than the profit-maximizing quantity of haircuts in market B. D) Chantal will earn a greater profit through uniform pricing than if she practices price discriminates.

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The following tools from multiple regression analysis carry over in a meaningful manner to the linear probability model, with the exception of the

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Assume the following: M = $500; V = 10; and Q = 500. From the equation of exchange, the value of P is

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Economics