13. In the following games, all payoffs are listed with the row player’s payoffs first and the column player’s payoffs second. In the above game, in the Nash equilibrium in mixed strategies (A)player B chooses B1 with a 30% probability. (B) player B chooses B1 with a 50% probability. (C) player A chooses A1 with a 30% probability. (D)player A chooses A1 with a 50% probability.

6. Suppose the price of A is $20, the price of B is $10, and that the consumer is currently spending all available income. At the consumer’s current consumption basket the marginal utility of A is 8 and the marginal utility of B is 2. (A)The consumer is currently maximizing utility. (B) The consumer could increase utility by consuming more of good A and less of good B . (C) The consumer could increase utility by consuming more of good B and less of good A . (D)Nothing can be said about the consumer’s utility because we do not know the consumer’s income or utility function.

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