The following game partially captures the above strategic situation. There are n players.. Each player is asked to simultaneously choose a (real) number from the interval 0 to 100. The winner is the person whose choice is closest to 2/3 times the average of the choices of all players. The winner gets a fixed prize of $20. In case of a tie, the prize is split equally amongst those who tie. (a) Find all weakly dominated strategies. (b) Find all strategies that survive iterated elimination of weakly dominated strategies. Does it make a difference if you apply the strict or weak criterion of domination

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.