Firms look for dominated strategies in order to gain the upper hand on competitors
Indicate whether the statement is true or false
False
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Which of the following is an explanation for why some poor countries suffer from lower productivity growth?
A. Too much saving has led to the accumulation of capital in poor countries. B. The adoption of technology too quickly hurts the labor force in poor countries. C. Primary education is universal in poor countries. D. Poor countries have lower capital stocks.
If investment is zero, the capital stock
A. continues to flow. B. falls to zero. C. remains constant. D. grows steadily.
All of the following are cited as factors in explaining U.S. competitiveness EXCEPT
A) large investments in scientific research. B) economic restructuring. C) widespread entrepreneurship. D) reducing the federal deficit.
You toss two coins and if heads or tails shows up, then I take $1. If only one heads shows up, then you give me $1. We play this game many times. Who comes up ahead at the end of the day?
What will be an ideal response?