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提问人：网友lzhg2002
发布时间：2022-01-07
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Monopoly always has constant elasticity demand.
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A straight line demand curve has a different elasticity of demand at different points along the curve.()
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第6题
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第7题
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第8题
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第9题
Big Pig and Little Pig have two possible strategies, Press the Button, and Wait at the trough. If both pigs choose Wait, both get 2. If both pigs press the button then Big Pig gets 7 and Little Pig gets 3. If Little Pig presses the button and Big Pig waits at the trough, then Big Pig gets 10 and Little Pig gets 0. Finally, if Big Pig presses the button and Little Pig waits, then Big Pig gets 6 and Little Pig gets 1. In Nash equilibrium,
A、Little Pig will get a payoff of 1 and Big Pig will get a payoff of 6.
B、Little Pig will get a payoff of 3 and Big Pig will get a payoff of 7.
C、Both pigs will wait at the trough.
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