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4 pts D Question 4 Suppose two forms are trying to decide how much to budget for research and development. Once a new discovery is
4 pts D Question 4 Suppose two forms are trying to decide how much to budget for research and development. Once a new discovery is made each firm benefits regardless of which firm developed the innovation. In this R&D game of chicken, the Nash equilibrium will be that O a cither both firms conduct the R&D or neither form conducts the R&D. O only one firm conducts the R&D but which firm conducts the R&D cannot be determined. O b. neither firm conducts the R&D. c. both firms conduct the R&D Question 5 4 pts Which of the following would be included in a year's GDP? O Susan cleans the fuel injectors on her car O Atimber company purchases and in Oregon O A college professor purchases a new computer. O Aman buys an antique desk from his neighbor
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