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multiple choice QUESTION 63 Price Figure 11-3 I MC MR AC A H G' M Demand O C E KJ Quantity Reference: Ref 11-3 The

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QUESTION 63 Price Figure 11-3 I MC MR AC A H G' M Demand O C E KJ Quantity Reference: Ref 11-3 The unregulated monopolist in Figure 11-3 would earn profits equal to BGML. BGCO. O AFLM. O AFGB.QUESTION 64 Game theory is a method of analyzing x\" the best way to make money. ' situations in which there are interdependent outcomes. C how to play games effectively. b, situations in which people make decisions QUESTION 65 A Prisoner's dilemma game is one in which x" only one of two prisoners has a dominant strategy. C altruistic motives by each player leads to an outcome where all players are worse off than if they cooperate, , selfinterest by each player leads to an outcome where all players are worse off than if they cooperate. x" self-interest by each player leads to an outcome where all players are better off than if they cooperate

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