Answer:
A convention
Explanation:
Nash equilibrium is a theory or a concept of equilibrium, which is in the game theory ,where the possible result or the best outcome of the game and there is no incentive which could deviate from the strategy.
So, it is an effective way to move toward the Nash equilibrium is known or referred to a convention, which is a non- cooperative game.
is the total implied increase in economic spending activity from a government stimulus of 
billion
<u>Explanation:
</u>
The median product preference tests the increase in expenditure due to changes in availability.
In increasing government expenditure, total economic investment would be increased by the scale of the budget multiplier. In other terms, the expenditure equation indicates how much GDP can increase as government expenditure increases.
The spending multiplier can be expressed as 
So, the total implied increase in economic spending is 
In economics, marginal propensity to consume (MPC) is the proportion of an aggregate raise in pay that consumer spends on the consumption of services and goods, as opposed to saving it.
Answer:
D. They result in new situations that are not covered by old laws
Explanation:
Answer:
$5
Explanation:
Equilibrium is when the quantity demanded equals the quantity supplied.
At $5, quantity demanded = quantity supplied = 6
At the other prices, quantity demanded isn't equal to quantity supplied.
I hope my answer helps you
Answer:
d. participates in the firm’s management.
Explanation:
A limited partnership is a form of business ownership with two or more partners. Limited partnerships are made up of general partners and limited partners.
The general partner manages the daily business operations. He makes investment decisions on behalf of the enterprise. He has unlimited liabilities to the debts and the liabilities of the business.
A limited partner is also known as silent partner. He does not take part in the management of the business. He has no voting rights. His liability is limited to the total amount of his investments
