Refer to Game Matrix III. Which of the following is a property of this game?
Game Matrix III
The following questions refer to the game matrix below. Each firm has a choice of advertising, Ads, or not advertising, No ad. The profits each gets depend upon which it chooses.
a. Both firms have dominant strategies.
b. There is no pure strategy Nash equilibrium.
c. There is a Nash equilibrium and it is Pareto optimal.
d. There is a Nash equilibrium and it is not Pareto optimal.
d. There is a Nash equilibrium and it is not Pareto optimal.
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Refer to the figure below. 
The dominant strategy for Row Resorts is to ________, and the dominant strategy for Column Cruises is to ________.
A. offer reduced rates; offer reduced rates B. offer reduced rates; keep rates high C. keep rates high; offer reduced rates D. keep rates high; keep rates high
Use the following table to answer the question below. Units ConsumedTotal UtilityMarginal Utility00-1W20235X3Y10440ZThe value for Z is
A. -10. B. -5. C. 5. D. zero.
Joe is willing to pay $4 for his first slice of pizza and $3 for his second slice of pizza. If the price is $2, on his two slices of pizza Joe receives a total consumer surplus of
A) $4. B) $3. C) $2. D) $1.
How income is distributed is typically measured using
A. The production of goods and services. B. Personal income. C. Wealth. D. In-kind income.