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Prisoner's dilemma is a game that has been and continues to be studied by people from a variety of disciplines, from biology to sociology to public policy. Prisoner's dilemma is believed to be one of the most powerful metaphors in all of human behavioral science. In prisoner's dilemma, each player chooses a dominant strategy with an outcome that is unattractive to the players as a whole.What should two prisoners, both guilty of committing a serious crime, do to avoid imprisonment? Should both prisoners confess, or should both remain silent?Based on your reading for this week:How would your incentive to defect in a prisoner's dilemma be altered if you learned that you will play the game not once but indefinitely, several times with the same partner? Relate this game to the competition in the marketplace; for example, two gas stations competing for customers.With these thoughts in mind:Post a brief statemenT that expresses your thoughts.
questionsuppose the market for semiconductors in the u.s. is characterized byqd 200 - 40pdemandqs 40 40psupplythe
.assume a manufacturer incurs 2000000 hours of direct productive labor in a year at a total direct labor cost of
1.nbspnbspnbsp load the blue spruce light up data latest file through 2013.extract and specify a model that predicts
an essay about the us feds involvement in the great panic and discussing the housing bubble and sub prime loans.
draw an asad diagram which shows what happens if strong growth in ad has pushed actual rgdp to a level above potential
science of macroeconomicsdata of macroeconomics national income money and inflation.test will have 20 sample multiple
1. a competitive industry currently consists of n 10 identical firms. an individual firms total cost function is given
4.wheelco a foreign corporation manufactures motorcycles for sale worldwide. wheelco markets its motorcycles in the
many professional sports athletes have incentive clauses in their contracts. these indicate tha a the team owner has
1-define cross-price elasticity including substitutes and complements.2-provides a logical explanation of the
Based on absolute advantage and comparative advantage, explain the effect of global economic conditions on the choices available to that country. Include the current exchange rate of the country's monetary unit.
elling price of another product Y in dollars per unit. The inverse delivery curve. Conclude whether X also Y are substitutes or complements.
Kal Tech Engineering is investigating the possibility of acquiring new automated packaging equipment at a cost. Describe the equivalent uniform annual cost (EUAC) if MARR for the company is 10%.
Discuss the role of advertising also the desired impact on the industry's demand curve. Contrast this to advertising at the industry level.
q.evaluate relationship among the european euro crisis in 2012 as well as the american economy. evaluate how this
reduce period-one taxes to t1 = 2 without changing either g1 or g2. If this policy change is enacted, is it possible to numerically calculate the amount of tax collections that the government will require in period two.
Why do you think the FED evaluates the money multiplier when making decisions with regards to the money supply
Producers will be made to pay a tax for each beer sold. Use a graph to elucidate why the tax burden will not actually fall on the people that this person wants to punish.
the government implements a 25% tax on labor income as a way to raise revenue. Calculate the excess burden resulting from this tax, and illustrate your answer with a graph
Briefly describe the details of the fictitious business that you created for this assignment. Assess the current environmental scan factors that are relevant to the decision making process.
Solve for equilibrium real output and also solve for the equilibrium interest rate.
Suppose individuals require a certain level of food (x) to remain alive. Let this amount be given by X0. Once X0 is purchased, individuals obtain utility from food and other goods (y) of the form.
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