In an indefinitely repeated game, a firm might use a ________ to ________ a rival that defects from a cooperative strategy
A) trigger strategy; threaten
B) trigger strategy; punish
C) legal maneuver; sue
D) tacit threat; dissuade
B
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When diminishing marginal utility starts happening as a person consumes more and more of a given good
A. total utility will increase at a diminishing rate. B. total utility will become negative. C. marginal utility will increase at a diminishing rate. D. total utility will decrease at a diminishing rate.
Explain how the market can reduce the incentive for credit-rating firms to take advantage of conflicts of interest
What will be an ideal response?
Assuming the total population is 200 million, the labor force is 100 million, and 92 million workers are employed, the unemployment rate is:
a. 6 percent b. 8 percent c. 4 percent d. 10 percent
In the United States, the poorest 50 percent of households own about ________ of total wealth
A) 1 percent B) 10 percent C) 20 percent D) 30 percent