Question: multiple choice. please help thank you so much will rate Speed Internet Standard Internet High Speed Internet R$20,000 R: $24,000 B: $20,000 B: $15,000 Rogers
multiple choice. please help thank you so much will rate
Speed Internet Standard Internet High Speed Internet R$20,000 R: $24,000 B: $20,000 B: $15,000 Rogers (R Standard Internet R: $15.000 R: $23,000 B. $24,090 B: $23.000 Rogers and Bell both other relateret stene Ench must decide whether to adopt high speed met service Mandard to compete for customer. Hih speed rationepest to other than and spend one ftendeddes to offer high speed and the other does not, then the form with the feet will be base and the prot. Table 1261 shows the payet met the speed me Refer to Table 12.6. How are the firms in this internet speed game caught in a prisoner's dilemma? a) Since each firm is uncertain about the other's behaviour, each will adopt a wait-and-see attitude, which results in no increase in market share and no new customers. b) They would be more profitable if they refrained from increasing internet speed but each fears that if it does not offer high speed internet, it will lose customers. c) They both know that it is better to provide high speed internet so they both do that. d) Only the first mover is caught in a prisoner's dilemma because the second has a chance to observe and respond. e) They are not in a prisoner's dilemma because there is one clear strategy for each. Question 97 (1 point) A firm can sell its output for $40 per unit. When the firm increases its labour force from 4 workers to 5 workers, its output increases from 15 to 17 units. The value of marginal product of the 5th worker is a) $136. b) $600. c) $680. d) $80. e) $40. Time Left 36 . . 18.00 TO D 100 100 100 100 100 Refer to Figure 3.6. If the current market price is $10, the market will achieve equilibrium by a) a price increase, increasing the quantity supplied and decreasing the quantity demanded. b) a price decrease, decreasing the quantity supplied and increasing the quantity demanded. c) a price increase, increasing the supply and decreasing the demand. d) a price decrease, decreasing the supply and increasing the demand. e) a price decrease, decreasing the supply and decreasing the demand. Question 100 (1 point) Hra Pita Wap 1 Totality 40 while Tea 2 2 3 2 Tatal unity) 60 102 132 144 144 11 128 4 5 6 2 106 112 115 6 2 115 Kregan has to spend en tu Wraps and bubble Tea. The price of a Pita Wraps $6 and the pekeela glamedaile Tra io $. Table 8.1 shows his total utility from different quantities of the wees Refer to Table 8.1. What is Keegan's optimal consumption bundle? a) 3 pita wraps and 0 bubble teas b) 3 pita wraps and 4 bubble teas c) 5 pita wraps and O bubble teas d) 4 pita wraps and 2 bubble teas e) 3 pita wraps and 3 bubble teas