MegaCable and Acme Are Competing for an Exclusive Contract to Provide

question 75

Multiple Choice

MegaCable and Acme are competing for an exclusive contract to provide the city of Dustin with cable television for the next year. The firm that wins the contract will earn an economic profit of $5 million. The contact will be awarded to the firm that spends the most on lobbying. If both firms spend the same amount on lobbying, then the winner will be determined by a coin flip, so each will have a 50 percent chance of winning.  
Suppose MegaCable spends $2 on lobbying, and Acme spends $1 on lobbying. In this case, MegaCable's economic profit net of its lobbying costs will be ________, and Acme's economic profit net of its lobbying costs will be ________.

• A)$4,999,998; -$1
• B)$5 million; -$1
• C)$2.5 million; $2.5 million
• D)0; $5 million

Identify and explain the side effects and causes of psychological treatments, like tardive dyskinesia.

Demonstrate knowledge of designing psychotherapy research studies, including design, treatment standardization, and follow-up.

Recognize therapist factors that affect treatment outcomes.

Understand the basic principles and goals of psychoanalytic therapy.

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Definitions:

Reward Model

A theory or system that outlines how rewards (material or immaterial) are used to motivate behaviors in individuals or groups.

Pleasant Experience

A feeling or a situation that brings joy, satisfaction, or happiness.

Coffee Shop

A type of establishment that primarily serves coffee and other hot beverages, often also providing a place for social interaction or work.

Socially Skilled

Having the ability to interact smoothly and effectively with others in a social context.