Question 14 out of 4 points Consider the game known as the Prisoner's
Dilemma. What's the dilemma?a. By both not confessing, both get to the
cooperative solution and minimize time in prison.b. By both confessing,
both get to the noncooperative solution and both serve significant time
in prison.c. As a group, they are better off cooperating by not
confessing, but each player has an incentive to be first to confess in a
double cross.d. The problem is that the spies should never have been
caught; they should move to Rio.Question 24 out of 4 pointsCooperation
in repeated prisoner's dilemma situations seems to be enhanced by all of
the following excepta. limited punishment schemes b. clarity of
conditional rewards c. grim trigger strategy d. provocability-- i.e .,
credible threats of punishment e. tit for tat strategyQuestion 34 out of
4 pointsCredibility in threats and commitments in sequential games is
based ona. randomizing one's actions so they are unpredictableb.
explicit communications with competitorsc. effective scenario planningd.
analyzing best reply responsese. none of the aboveQuestion 44 out of 4
pointsWhen there is no Equilibrium (or no Nash Equilibrium), we expect
that:a. the firms end up in the cooperative strategy.b. a firm will
follow a randomized strategy.c. a firm will not care what it does.d. a
firm will very likely have a dominant strategy.Question 54 out of 4
pointsCredible promises and hostage mechanisms can support a continuous
stream of cooperative exchanges except whena. the promisor is better off
fulfilling than ignoring his promiseb. neither party has a prior
dominant strategyc. the hostage can be revoked for just causesd. the
hostage is more valuable than any given exchangee. the hostage is
difficult to replaceQuestion 64 out of 4 pointsWhich of the following
pricing policies best identifies when a product should be expanded,
maintained, or discontinued?a. full-cost pricing policyb. target-pricing
policyc. marginal-pricing policyd. market-share pricing policye. markup
pricing policyQuestion 74 out of 4 pointsThird-degree price
discrimination exists whenever:a. the seller knows exactly how much each
potential customer is willing to pay and will charge accordingly. b.
different prices are charged by blocks of services. c. the seller can
separate markets by geography, income, age, etc ., and charge different
prices to these different groups. the seller will bargain with buyers in
each of the markets to obtain the best possible price.Question 84 out
of 4 pointsFirms that have a cover charge for their customers and charge
for each item they purchase as well are exhibitinga. universal access
price discrimination b. declining block price discrimination. c. mixed
bundling price discrimination. d. two-part price discrimination. e.
uniform pricing Question 94 out of 4 pointsThe segmenting of customers
into several small groups such as household, institutional, commercial,
and industrial users, and establishing a different rate schedule for
each group is known as:a. first-degree price discriminationb. market
penetrationc. third-degree price discriminationd. second-degree price
discriminatione. none of the aboveQuestion 104 out of 4 points____ is
the price at which an intermediate good or service is transferred from
the selling to the buying division within the same firm.a. Incremental
price b. Marginal price c. Full-cost price d. Transfer price e. none of
the aboveQuestion 114 out of 4 pointsWhen someone contracts to do a task
but fails to put full effort into the performance of an agreement, yet
the lack of effort is not independently verifiable, this lack of effort
constitutes aa. breach of contractual obligations b. denial of good
guarantee c. loss of reputation d. moral hazard Question 124 out of 4
pointsGovernance mechanisms are designeda. to increase contracting
costs b. to resolve post-contractual opportunism c. to enhance the
flexibility of restrictive covenants d. to replace insurance e. none of
the above Question 134 out of 4 pointsWhich of the following is not
among the functions of contract?a. to provide incentives for efficient
relianceb. to reduce transaction costsc. to discourage the development
of asymmetric informationd. to provide risk allocation
mechanismsQuestion 144 out of 4 pointsWhen retail bicycle dealers
advertise and perform warranty repairs but do not deliver the personal
selling message that Schwinn has designed as part of the marketing plan
but cannot observe at less than prohibitive cost, the manufacturer has
encountered a problem of ____.a. reliance relationshipsb. uncertaintyc.
moral hazardd. creative ingenuitye. insurance relianceQuestion 154 out
of 4 pointsWhen borrowers who do not intend to repay are able to hide
their bad credit histories, a lender's well-intentioned borrowers
shoulda. complain to regulatory authorities b. withdraw their loan
applications c. offer more collateral in exchange for lower interest
charges d. divulge still more information on their loan applications e.
hope for a pooling equilibriumQuestion 164 out of 4 pointsThe ____ is
equal to the some of the squares of the market shares of all the firms
in an industry.a. market concentration ratio b. Herfindahl-Hirschman
index c. correlation coefficient d. standard deviation of
concentration e. none of the aboveQuestion 174 out of 4 pointsThe
antitrust laws regulate all of the following business decisions except
____.a. collusion b. mergers c. monopolistic practices d. price
discrimination e. wage levelsQuestion 184 out of 4 pointsThe lower the
barriers to entry and exit, the more nearly a market structure fits the
____ market model.a. monopolistic competition b. perfectly
contestable c. oligopoly d. monopoly e. none of the aboveQuestion 194
out of 4 pointsThe sentiment for increased deregulation in the late
1970's and early 1980's has been felt most significantly in the price
regulation ofa. coal b. grain c. transportation d. automobiles e.
electric power generationQuestion 204 out of 4 points____ occurs
whenever a third party receives or bears costs arising from an economic
transaction in which the individual (or group) is not a direct
participant.a. Pecuniary benefits and costs b. Externalities c.
Intangibles d. Monopoly costs and benefits e. none of the aboveQuestion
214 out of 4 pointsIf the acceptance of Project A makes it impossible to
accept Project B, these projects are:a. contingent projects b.
complementary projects c. mutually inclusive projects d. mutually
exclusive projects e. none of the aboveQuestion 224 out of 4 pointsThe
social rate of discount is best approximated by:a. the cost of
government borrowingb. the opportunity cost of resources taken from the
private sectorc. 3 percentd. 30 percente. none of the aboveQuestion 234
out of 4 pointsWhich of the following items is (are) not considered as
part of the net investment calculation?a. the first year's net cash
flowb. increase in net working capitalc. salvage of an old piece of
equipment that is being replacedd. installation and shipping
chargesQuestion 244 out of 4 pointsAll of the following except ____ are
shortcomings of cost-benefit analysis.a. difficulty in measuring
third-party costsb. difficulty in measuring third-party benefitsc.
failure to consider the time value of benefits and costsd. difficulty of
accounting for program interactionse. a and bQuestion 254 out of 4
pointsIn cost-effectiveness analysis, constant cost studies:a. are
rarely usedb. attempt to specify the output which may be achieved from a
number of alternative programs, assuming all are funded at the same
levelc. are useless because they fail to adequately evaluate program
benefitsd. try to find the least expensive way of achieving a certain
objectivee. none of the above
1.Starting with this provided code, add the following functionality: Replace hardcoded strings “Zero”, “One”, “Two”, “Three” in the ArrayList based on user typed input (use Scanner or JOptionPane classes). The user will be prompted for the String to be stored in the ArrayList and then hit enter. The user will be able to continue to add items to the ArrayList until they just hit enter without typing anything. Once the user does this (hits enter without typing anything), the program will display all of the elements of the ArrayList, both the index and String values, in a table. It will do this via a single loop making use of an iterator method. 2. Starting with this provided code, add the following functionality: Use a Try/Catch block so that the exception is caught and the program exits a bit more gracefully. Save this file as TryCatch.java. (Be sure to rename the Public Class accordingly.) Starting with the provided code again (without the Try/Catch block), fix the code so that
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