University of Toronto Game Theory Oligopoly and Monopolistic Competition Questions

Question Description

If you are good at Game theory and Oligopoly and monopolistic competition, please help me to do this assignment. Its around 25 Multiple choice questions. The questions will be like

A game with a finite number of players and a finite number of actions:

A.has at least one Nash equilibrium in pure strategies, and possibly one in mixed strategies.

B.will not have a mixed strategy if it has a pure-strategy Nash equilibrium.

C.has at least one Nash equilibrium, which may involve mixed strategies.

D.may not have a Nash equilibrium at all.

The possibility that a firm can earn positive long-run profits is determined by:

A.the ability to set price

B.entry conditions

C.the number of firms

D.the degree of product differentiation

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