Which of These Men Was the Last Soviet Premier

question 17

Multiple Choice

Which of these men was the last Soviet premier?

• A) Mikhail Gorbachev
• B) Leonid Brezhnev
• C) Viktor Chernomyrdin
• D) Vladimir Putin

---

Definitions:

Cournot Duopolists

Two firms in a market where each firm decides on its output level assuming the output of the other firm is fixed, leading to a stable competition equilibrium.

Equilibrium Prices

The market price at which the supply of an item equals the demand for that item, leading to a stable market condition where there is no surplus or shortage.

Stackelberg Model

Oligopoly model in which one firm sets its output before other firms do.

Dominant Strategy

In game theory, a strategy that is the best choice for a player, regardless of what the other players choose.