Answer:
Marginal utility of each becomes negative
Explanation:
Utility is defined as the level of satisfaction that a person gets from consuming a product.
The person keeps on consuming the item until the level of marginal utility for the product becomes less than zero.
That is there is no satisfaction anymore in consuming the product.
In the given instance Thomas will continue to consume both candy bars and ice cream until the level of satisfaction (marginal utility) is now less than zero or negative
The Stackelberg solution can be used to find the perfect or stable Nash equilibrium or equilibria.
<h3>What is this equilibrium about?</h3>
Other answers:
Based on the above, Note that the strategy profile is one where one serves best each player, and based on the strategies of the other player and it covers the fact that all player playing in a Nash equilibrium must be in every subgame.
Note also that The Stackelberg leadership model is said to be a kind off strategic game that is played in economics where the leader firm is known to moves first and then the follower firms is said to then move in a sequential manner and I think, the solution do not change if stackelberg game is considered in the long run.
I believe that the stackelberg leader will not collude with the stackelberg follower but in a lot of cases, there may be a collusion.
Yes, a Stackelberg leader can be more likely or less likely to merge with the follower firm as a merger can be profitable to them.
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c a type of marchandiser that buys merchadise from a manufacture
Because it is you will find the answer soon and hopefully I don’t know
