The prisoners' dilemma is a game in which A. each firm, in making decisions on the basis of its own self-interest, also makes decisions that benefit the group as a whole. B. the dominant strategy is to cooperate. C. the dominant strategy for all participants is to choose a strategy that makes them all worse off. D. only one of the firms is able to make above-normal profits.

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr

What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.