Question from Past Microeconomics Qualifying ExamEdit
Spring 1999- Section I, Question nine, George Mason University
True, False, Uncertain. Determine whether or not each of the following statements are true or false. Explain your reasoning briefly in a paragraph or two. (The explanation is often more important than the answer given). Include a carefully labeled diagram or game matrix if it helps to clarify your answer.
“All you can eat” salad bars may suffer from a winner’s curse problem.
|This micro-stub needs improving.|