Question: _ _-_ '-. nu...' 7. Using the payoff matrix above, in the Nash equilibrium Jane's profit is _ and Bob's profit is _. a. $6,000;


_ _-_ '-. nu...' 7. Using the payoff matrix above, in the Nash equilibrium Jane's profit is _ and Bob's profit is _. a. $6,000; $10,000 b. $3,000; $20,000 c. $12,000; $5,000 d. $10,000; $15,000 8. The Sherman Act, which deregulated banking, was enacted in 1890. a. b. which deregulated banking, was enacted in 1980. c. the first antitrust law, was enacted in 1890. d. the first antitrust law, was enacted in 1980. 9. The Sherman Act makes it illegal to increase market share. a. b. merge firms in the same industry. c. attempt to monopolize an industry. d. price below competitors. 10. If McDonald's. Wendy's, and Burger King agree with each other not to sell hamburgers for less than $2.95 apiece, all three could be found guilty of an interlocking directorship under the Clayton Act. a. b. of price fixing under the Sherman Act. 0. of a deceptive business practice under the Clayton Act. d. All of the above
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