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V3 Where a group of potential attendees at an event is made up of one group who all want high attendance and another who prefer
V3
Where a group of potential attendees at an event is made up of one group who all want high attendance and another who prefer low attendance, a.)equilibrium outcomes may or may not exist, or might be unstable and/or oscillating. b.)the only equilibrium possible is zero attendance. c.)full attendance will be the longrun equilibrium. d.)attendance will be stable at 50%Step by Step Solution
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