Homework6 - Current Location 1. 10F INTRODUCTION TO...

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Current Location 1. 10F INTRODUCTION TO MICROECONOMICS (33330)2010_fall_33330_ECO_304K 2. Homework 3. Homework 6 4. Review Test Submission: Homework 6 Top of page Review Test Submission: Homework 6 Content 10/21/10 10:43 AM Homework 6 Completed 100 out of 140 points Question 1 0 out of 10 points Which of the following is NOT a common feature of a market for network goods? Answer Selected Answer: Correct Answer: Question 2 10 out of 10 points
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Hamermesh question 14.7: the Grandchild’s best strategy is to: Answer Selected Answer: Correct Answer: Question 3 10 out of 10 points Two friends, Juan and Omar, must decide whether to join Facebook or Myspace (imagine each can only join one site). By himself, Juan prefers Myspace because he has a band and wants to promote its music. However, both of their choices matter to how much they benefit: Ahmed Facebook MySpace Juan Facebook 8 , 8 0 , 0 MySpace 4 , 1 12 , 6 Identify the Nash equilibrium (or equilibria) of the above game. Answer Selected Answer: Correct Answer:
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This note was uploaded on 06/15/2011 for the course ECO 304K taught by Professor Hickenbottom during the Fall '10 term at University of Texas at Austin.

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Homework6 - Current Location 1. 10F INTRODUCTION TO...

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