Managerial Economics > QUESTIONS & ANSWERS > Managerial Economic Exam 2 (All)
Managerial Economic Exam 2
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A limit on how much a firm can export to a foreign country is called a(n) Selected Answer: quota Answers: dumped supply import tax tarif quota Question 2 2 out of 2 points When employees are... paid more than their worth when they are hired and less than their worth near retirement Selected Answer: compensation is backloaded Answers: compensation is fair compensation is backloaded compensation is forward loaded compensation is independent of productivity. Question 3 2 out of 2 point there is a combination of strategies in which each player's action is the best response to the actions of other players, then there is Selected Answer: a Nash equilibrium Answers: a boyes equilibrium an unstable equilibrium a Nash equilibrium a complementary equilibriu [Show More]
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