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Nash equilibrium says:

A. I am doing the best, I can given what you are doing

B. You are doing the best, you can given what I am doing

C. Both a and b

D. None of the above

Please do not use chat terms. Example: avoid using "grt" instead of "great".

You can do it
  1. Identify the author of The Social Framework:
  2. In Prisoner Dilemma, the best choice of strategy is:
  3. If the demand curve is inelastic then:
  4. Price effect occurs on the higher IC in case of:
  5. Because of selling costs, the demand curve of a firm shifts:
  6. Money spent by a firm on the purchase of capital equipment is:
  7. A shift in the demand for a product is likely to result from a change in:
  8. If a firm produces zero output in the short period then which statement is true?
  9. Law of variable proportions is based on the assumption of:
  10. In microeconomics, we study:
  11. General Equilibrium deals with the equilibrium of the:
  12. The advertisement and other selling activities:
  13. According to Diamond Water Paradox diamonds are more expensive than water because:
  14. The general markets results from the imposition of price ceilings has been:
  15. A firm can never produce in the middle area of input space, in case of:
  16. Indifference curves are downward sloping and are drawn bowed toward the origin (convex to the origin)…
  17. For a commodity giving large consumers surplus, the demand will be:
  18. Given a U shaped average cost curve, the relationship between average cost and marginal cost is such…
  19. Consumers Surplus can also be defined as:
  20. The difference between laws of return and laws of return to scale is:
  21. In economics, Externality means:
  22. A budget line shows:
  23. The Cambridge School of Thought refers to the group of English economists who came under the influence…
  24. Price discrimination is undertaken with the aim of:
  25. The firm in cournot model:
  26. Under competitive conditions, the industry will be in equilibrium:
  27. In Nash Equilibrium:
  28. A market-clearing price:
  29. In Recardian theory of value, the stress has been made on:
  30. If the demand curve is vertical then its slope is: