Refer to the payoff matrix. suppose that alpha and beta agree that they will both pursue a high-price strategy. if beta then cheats on the agreement in order to increase profits, which of the following is true?
a. both firms will price high, and this outcome is a nash equilibrium.
b. both firms will price low, and this outcome is a nash equilibrium.
c. both firms will price high, but this outcome is not a nash equilibrium.
d. both firms will price low, but this outcome is not a nash equilibrium

To be able to better compare stock performance within the same industry, similar companies are grouped into? a)market sectors b) industry blocks c) performance sectors d) average earning blocks

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?