In Which of the Following Situations Identified by Baron and Besanko

question 1

Multiple Choice

In which of the following situations identified by Baron and Besanko will a matrix never be optimal regardless of any additional circumstances?

• A)When spillovers are positively correlated and activities are profit complements
• B)When activities are profit complements but spillovers are negatively correlated
• C)If activities are profit substitutes and spillovers are positively correlated
• D)If spillovers are negatively correlated and activities are profit substitutes
• E)None of the above

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Past Participle

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