Hello, can you please help solve these questions. Thank you

Production subsidies:

a: Are good for producers that sell domestically but not in foreign markets

b: Generate revenues for governments trying to balance their budgets

c: Create deadweight loss

d: Are good for producers that sell in foreign markets but not domestically

If a collection of individuals each agree to absorb a portion of the losses resulting from a risky investment, this is called ...

a: Risk neutrality

b: Risk Screening

c: Risk pooling

d: Risk spreading

Perfectly competitive markets are characterised by firms that

a: Are price takers

b: Lack full information

c: Face significant barriers to entry

d: Produce differentiated products

Consumer equilibrium occurs where

a: Marginal utility on the last until of each good is qual

b: Total utility from each good consumed is equal

c: Marginal utility per dollar spent on the last until of each good is equal

d: Total spending on each good is equal

A market is dominated by a small number of firms is called an:

a: Oligopsony

b: Monopsony

c: Cartel

d: Oligopoly

Strategic independence is a defining characteristic of ....

a: Perfect competition

b: Monopoly

c: Monopolistic competition

d: Oligopoly

You and your friend engage in the following game. You simultaneously hold up either one finger or two. If the sum of your fingers is even, you an your friend get each $2. If the sum of your fingers is odd, you and your friend each get $1. How many (pure strategy) Nash equilibria are there?

a: 1

b: 0

c: 2

d: 4

A __________ is the representation of a game's players, their strategies and their payoffs from the various outcomes

a: Dominant strategy

b: Repeated Game

c: Prisoners' dilemma

d: Payoff matrix

The law of supply says that the relationship between the price of a product and the equality produced is .....

a: Positive

b: Profitable

c: Negative

d: Fair

In a tennis match, one player decides to take performance enhancing drugs regardless of what her opponent intends to do. This is called

a: The prisoners' dilemma

b: A dominant strategy

c: Collusion

d: A Nash equilibrium

Which of the following can a monopolist accomplish?

a: Zero economic profits

b: Negative economic profits

c: All of the other options are correct

d: Positive economic profits

Imperfectly competitive firms sell differentiated products to differing degrees. For that reason, they often ....

a: Merge

b: Collude

c: Discriminate

d: Advertise

Consider the market for bacon. If the price of ham (a substitute) increases and the price of eggs (a complement) increases, then the demand curve for bacon ....

a: There is insufficient information to tell

b: shift to the left

c: Remain the same and we move to a different point on the existing demand curve

d: Shift to the night

_________ is a situation where a country does not trade:

a: Autarky

b: A turkey

c: A tariff

d: A quota

A formula that describes the optimal behavior of one player in terms of the behavior of the other players is called ....

a: A separating equilibrium

b: The Cho-Kreps intuitive criterion

c: A reaction function

d: A pooling equilibrium

Which of the following is not a common type of market structure?

a: Andypoly

b: Monopoly

c: Oligopoly

d: Duopoly