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telo118 [61]
3 years ago
7

Finding dominant strategies is often a very way of analyzing a game. Consider the following game: Microsoft and Apple are the tw

o firms in the market for operating systems. Each firm has two strategies charge a high price or charge a low price (payolls: Microsoft, Apple). What (if any) is the dominant strategy for each firm? A. Choosing low is a weakly dominant strategy for Apple. B. The dominant strategy is for Apple to choose low and Microsoft to choose high. C. Choosing low is a weakly dominant strategy for Microsoft. D. Choosing high is a weakly dominant strategy for Apple. Is there a Nash equilibrium? A. Yes. Apple and Microsoft both choose low. B. No. because Apple is indifferent between choosing high and low. C. Yes. Apple chooses low and Microsoft chooses high. D. Yes. Apple and Microsoft both choose high
Business
1 answer:
STALIN [3.7K]3 years ago
7 0

Answer: Option A -- Choosing low is a weakly dominant strategy for Apple.

Explanation: Dominant strategy in a game theory can be defined as the course of action that occurs when one strategy/player is better than the other strategy/player regardless of what the other player does or how well the other player may play. dominant strategy is all about a player who has the highest favours in a game. Considering the above matrix, we know that Apple has the dominant strategy. And for apple to choose low is a weakly dominant strategy for it.

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Answer:

A. Max (0, ST - X)

Explanation:

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3 years ago
Tickets to a concert are $35 each. In addition to the cost for the tickets ordered, there is a $15 processing charge per order.
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Answer:

Explanation:

Let the cost of an order = C

Let the number of tickets inside that order = n

Let there be a 15 dollar service charge per order.

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C = 35*n + 15

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2 years ago
The nurse in a maternity unit is providing emotional support to a client and her significant other who are preparing to be disch
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2 years ago
Bogart Company is considering two alternatives. Alternative A will have revenues of $146,100 and costs of $104,400. Alternative
irinina [24]

Answer:

Choosing alternative B would increase net income by $17,100

Explanation:

The analysis showing the incremental revenues,costs and net income of alternative A and B is shown below:

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Revenues        $146,100            $185,900           $39800

Costs               ($104,400)           ($127,100)        ($22700 )

Net income      $41,700                 $58,800        $17,100

Alternative B records a higher net income compared to Alternative A,hence choosing alternative B would increase net income by $17,100

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3 years ago
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Just need one more sorry
8 0
3 years ago
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