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1 negotiations and binding contracts are not possible

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Reference no: EM13377480

1. Negotiations and binding contracts are not possible between rivals in:

a) noncooperative games

b) cooperative games

c) cartels

d) single firm monopolies.


2. The learning effect is one form of:

a)diversification

b) creating value through increasing transactions costs

c) creating value through stabilizing transactions costs,

d) creating value through decreasing transactions costs

Reference no: EM13377480

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