Problems with solutions, Intermediate microeconomics
Ten people have dinner together at the restaurant “Glada Ankan”. They agree that the bill will be divided equally among them. What is the additional cost to any one of them of ordering an appetizer that costs 200SEK) Why may this be an inefficient system? Answers to the problems. Problem 1. Game theory. a) b) c) Problem 2. Game theory. a ... ................
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