Answer:
a) attached below.
b) for $x < $5000 will cause taking the drug to be part of the Nash equilibrium
c) will make the athletes feel better because the value their payoff will increase
Explanation:
<u>a) 2 * 2 payoff matrix describing the decision faced by the athletes </u>
attached below
when both players take the drug the payoff for each player = $5000 - x
when neither player takes the drug the payoff for each player = $5000
When only one player takes the drug his payoff = $10000 - x
<u>b) If we consider the value of $x to be involved in the Nash equilibrium then </u>
; $5000 - $x > 0 becomes the best response
hence for $x < $5000 will cause taking the drug to be part of the Nash equilibrium
c) Lowering the negative effect of the drug ( i.e. when the value of x is reduced )
will make the athletes feel better because the value their payoff will increase
Answer:
The answer is Price fixing.
Explanation:
number of top fashion-modeling agencies would most likely be charged with Price fixing for jointly determining what commissions they charge for models.
Answer:
Explanation:
We are asked for Zbox production, so we ignore the raw materials information for this question.
We use the inventory identity to solve for production


September sales 222,000 units
desired ending inventory 24,000 units
total production need 246,000 units
(beginning inventory 35,000) units
Production requirement for September 211,000 units