A. a wining strategy
B. a losing strategy
C. a players best strategy when moving first
D. a player’s best strategy whatever the strategies adopted by rivals
A. Cost on all products
B. Reduced per unit Cost
C. Higher per unit Cost
D. None of these
A. variable, technology
B. fixed, expectations
C. fixed, rental rate of capital
D. variable, interest rates
A. Advanced payment to bind a contract or bargain
B. A token of something to come
C. A promise or assurance
D. All of these
A. perfectly competitive firms
B. a cartel
C. a monopoly
D. monopolistically competitive firms.
A. subsidies to encourage firms that moves
B. tax concessions for firms that move.
C. improved infrastructure
D. all of the above
A. The quantity consumers would like to buy in an ideal world
B. The quantity producers are willing and able to sell at each and every price all other things unchanged
C. The quantity producers are willing and able to sell at each and every income all other things unchanged
D. The quantity producers are willing and able to sell at each and every point in time all other things unchanged