Which of the following is not true? multiple choice the notion of perfect equilibrium is more useful in analyzing extensive-form games than normal-form games. a normal-form game is most useful for sequential-move games. an extensive form representation usually provides more information than a normal-form representation of a game. the notion of credible threats makes more sense in extensive-form representations than in normal-form representations of a game.

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase