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zavuch27 [327]
3 years ago
9

Suppose that there are customers distributed evenly across a line which runs from 0 to 1. There are two competing vendors that c

hoose where on the line to locate Customers buy from whichever vendor is closest to their location. What is the Nash equilibrium?
a.(0, 1)
b.(1/2, 1/2)
c.(1/3, 2/3)
d.There is no nash equilibrium.
Business
1 answer:
Shtirlitz [24]3 years ago
7 0

Answer:

b.(1/2, 1/2)

Explanation:

If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.

Therefore, Nash equilibrium is (1/2 , 1/2).

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Now suppose this project has an investment timing option, because it can be delayed for a year. The cost will still be $70 milli
padilas [110]

Explanation:

Qualitative analysis;

The given case belongs to real options in finance terms where the project offers tangible assets in comparison to financial instruments.

The project is of real option. The value of any real option would be more when:

  • the project under consideration is very risky
  • With respect to timing option value, there is time to change the decisions

Having said that, since project is risky and investment can be made later, hence it would be more feasible to wait and observe

5 0
4 years ago
Read 2 more answers
Which Nation Has the Most Expensive Gas?
denis-greek [22]
The Country to have the most expensive gas in Eritrea at $9.61 . <span />
8 0
4 years ago
For four years, Marty Campbell invested $7,500 each year in Harley-Davidson. The stock was selling for $78 in 2014, $62 in 2015,
Arlecino [84]

Answer: $30,000

Explanation:

From the question, we are given the information that for four years, Marty Campbell invested $7,500 each year in Harley-Davidson.

The total investment of Marty in Harley-Davidson will be the amount that is invested each year multiplied by 4. This will be:

= $7,500 × 4

= $30,000

The total investment of Marty in Harley-Davidson is $30,000.

4 0
4 years ago
Professor Sanford explains that the need for physical safety must be met before city dwellers will be motivated to form close fr
ELEN [110]

Answer:

B. a hierarchy of motives

Explanation:

Abraham Maslow's hierarchy of needs emphasized upon the fact that once an individual is successfully able to satisfy the most basic needs, he/she moves towards fulfillment of other higher needs in the hierarchy which are less basic.

Maslow specified 5 needs in the order of priority, namely, basic psychological needs of food and shelter, security needs relating to being healthy and safe at the same time job security, belongingness which refers to being loved and socially accepted, esteem needs relating to an individual possessing self respect and commanding respect, self actualization needs which refer to achieving as per one's full potential.

The given case specifies security needs i.e physical safety and then the need for belongingness i.e friendship.

4 0
4 years ago
One of the best sources of precall information is a prospect's own salespeople because they empathize with the salesperson's sit
Ann [662]

Answer:

a. True

Explanation:

In the case when the information is precalled so here the sources that considered to be best should be the own salespeople as it would emphathize the situation of the sales person

So as per the given situation, the given statement is true

Hence, the option a is correct

Therefore, the second option is wrong

3 0
3 years ago
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