Explain your answer. c)[20 marks] Nowthe game is repeated for infinite times. What would be the mechanism to reachany other equilibrium than Q5 b)?
1 ECM190 – MICROECONOMICS II ECM101 – MICROECONOMIC POLICY (PART 2) ASSIGNMENT▪ If you are registered for the 10 creditECM190module, this assignment will count40% of your final module mark.▪ If you are registered for the 20 creditECM101module, this assignment will count20% of your final module mark.General Guidelines:This assignment comprises four questions and you must answer […]