The Nash equilibrium is an outcome of a game:

垄断竞争中的无利润均衡(no-profit equilibrium in monopolistic competition)

When the price of a bond is______the equilibrium price, there is an excess demand of bonds and the price will______.

A．above...rise

B．above...fall

C．below...fall

D．below...rise

A、only demanders.

B、only suppliers.

C、government regulations.

D、both demanders and suppliers.

If E were the old equilibrium in the market for wheat in the figure below, and E' the new one, which of the following could have caused the change?

A、Consumer income rose, causing a supply shift.

B、Bad weather caused a supply shift.

C、Consumer income rose, causing a demand shift.

D、Supply and demand both shifted.

E、None of the above are plausible descriptions.

Cournot equilibrium

国际收支平衡(balance of payments equilibrium)

占优策略和占优均衡(dominant strategy and equilibrium)

短期均衡和长期均衡(short-run and long-run equilibrium)

Calculate the value of the equilibrium constant for the reaction A+ B====C+D

  If at equilibrium there are 1.0 mol of A,2.0 mol of B, 6.0 mol of C,and 20 mol of D in al. 0 L vessel.