The Table Below Shows the Payoff (Profit) Matrix of Firm

question 18

Multiple Choice

The table below shows the payoff (profit) matrix of Firm A and Firm B indicating the profit outcome that corresponds to each firm's pricing strategy (where $500 and $200 are the pricing strategies of two firms) .Table 12.2

-The free rider problem occurs because:

• A)it is easy to exclude others from consuming a good.
• B)consumption is rivalrous, so the consumption of a product by one individual diminishes the amount available for others.
• C)exclusion is costly or impossible, so a consumer or producer can use a good without having to pay for it.
• D)external costs are imposed on others not directly involved in the transaction.
• E)individuals are not required to pay for those goods which do not yield any utility to them.

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Definitions:

Administrative Tools

Software utilities designed for system administrators to manage and configure computer systems, networks, and services.

Secure

A term describing measures taken to protect information, data, and communications from unauthorized access, theft, or damage.

Hacker

An individual who uses their technical skills to gain unauthorized access to systems or networks, often for malicious purposes.

Network Illegally

Unauthorized access or use of a computer network without permission.