AP Economics – 11/22/19
I. Bellwork
Based upon the Payoff Matrix below:
- Does McDonald’s have a dominant strategy? Explain.
- Does Burger King have a dominant strategy? Explain
- Is there a Nash/Non-cooperative equilibrium/ Explain
II. Objectives:
- Construct and interpret payoff matrices.
- Explain the payoffs, dominant strategies, and Nash equilibrium given a payoff matrix
III. Classwork Pages 656-657
- Check Your Understanding 1-2
- Multiple Choice 1-5
- Tackle the Test #2
IV. Homework: Questions on AP classroom – closes Sunday
Leave a Reply