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3 years ago

What is the nash equilibrium for this game?

1 answer:

4 0

The nash equilibrium would be A. bp and the mini-mart will both not advertise.
The nash equilibrium happens when all of the competitors choose the decision that give the optimal outcome for both of them.
If Bp and mini-mart both choose not to advertise they both will have a similar profit.

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During the process technology can be used to keep track of completion stage of work - in - process materials.

After processing, use of technology can help communicate the availability (in-stock) of finished products which are needed by customers.

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3 years ago

A company that designs video games has decided to expand and needs to hire Software Developers, Web Administrators, and Computer

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3 years ago

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The effect of the internet has been to increase a company's bargaining power vis-à-vis its suppliers

Mariana [72]

The answer is a.

It is true that the effect of the Internet has been to increase a company's bargaining power vis-à-vis its suppliers. Internet services increase the bargaining power a company by helping to find better offers in an easier way and gather the required information to develop much better strategies.

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4 years ago

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After a hurricane, the prices of many items rise. How best might the government help poor people afford to buy goods and service

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Answer:

B) institute price controls at pre-hurricane price

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This would be the best because then people would be able to afford all they need to clean up. This way they would be able to buy as much after the hurricane as they would have been before the hurricane.

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3 years ago

Tyrone has three options on how to spend his saturday afternoon: to go out with friends, watch a movie, or wash his car. tyrone'

Ilia_Sergeevich [38]

If Tyrone has three options on how to spend his saturday afternoon: to go out with friends, watch a movie, or wash his car. tyrone's opportunity cost of washing his car would be: the value of going out with friends OR watching a movie

<h3>What is opportunity cost?</h3>

Opportunity cost can be defined as an way in which alternative is forgone because another alternative was chosen.

Based on the given scenario the opportunity cost will be the value of going out with friends or the value of watching a movie.

Therefore the correct option is D.

The complete question is:

Tyrone has three options on how to spend his Saturday afternoon: go out with friends, watch a movie, or wash his car. Tyrone's opportunity cost of washing his car would be:

a) the value of going out with friends.

b) the value of watching a movie.

c) the value of going out with friends AND watching a movie.

d) the value of going out with friends OR watching a movie.

Learn more about Opportunity cost here:brainly.com/question/481029

#SPJ1

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2 years ago

What is the nash equilibrium for this​ game?

What is the nash equilibrium for this game?