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Olin [163]
3 years ago
13

Game Theory and Strategic Choices -- End of Chapter Problem You have developed a new computer operating system and are consideri

ng whether you should enter the market and compete with Microsoft. Microsoft has the option of offering their operating system for a high price or a low price. Once Microsoft selects a price, you will decide whether you want to enter the market or not enter the market. If Microsoft charges a high price and you enter, Microsoft will earn $30 million and you will earn $10 million. If Microsoft charges a high price and you do not enter, Microsoft will earn $60 million and you will earn $0. If Microsoft charges a low price and you enter, Microsoft will earn $20 million and you will lose $5 million. If Microsoft charges a low price and you do not enter, Microsoft will earn $50 million and you will earn $0. Construct a payoff table and find the Nash equilibrium if you and Microsoft both make your decisions simultaneously.
In a simultaneous move game, Microsoft will and you will:___________
Business
1 answer:
pentagon [3]3 years ago
3 0

Answer:

Microsoft will choses High price and you will choose to enter the market .

Explanation:

The Nash equilibrium

                                                          <u>  You </u>

<u>                                                 enter                     Don't enter</u>

Microsoft  high price          ( $30 , $10 )              ( $60 , $0 )

Microsoft  low price            ( $20, -$5 )               ( $50, $0 )

From the Nash equilibrium the best time for you to enter the market is when Microsoft Charges a high price

While the best time for Microsoft is when it charges a high price and you do not enter the market

But considering Simultaneous Move game : Microsoft will choses High price and you will choose to enter the market .

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A good percentage to start with for saving is ________________ percent of your teaching income.
Alja [10]

A good percentage to start with for saving is. At least 20% percent of your teaching income

The term "revenue" generally refers to the transfer of money, property, and other value received over a period of time in exchange for services or products. There is no single standard definition. Income is defined according to the context in which the concept is used.

While individuals usually earn their income through wages or salaries, businesses generate income from the sale of goods or services in excess of their production costs. Most forms of income are subject to tax.

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6 0
2 years ago
Individual marketing across segments creates more total sales than any other type of marketing. ​
Flura [38]

Answer:

false

Explanation:

7 0
3 years ago
Suppose a manager's preferences depend only on profit. such a manager will then have an indifference curve that:
My name is Ann [436]
<span>If a manager's preferences depend only on profit. such a manager will then have an indifference curve that </span><span>is tangent to the profit curve at a quantity exactly equal to 2.5.</span>
6 0
3 years ago
If the supply curve is perfectly inelastic, the burden of a tax on suppliers is borne: a. entirely by the suppliers. b. entirely
Snezhnost [94]

Answer:

Option (a) is correct.

Explanation:

The burden of a tax is entirely borne by the suppliers if the supply curve is perfectly inelastic. The burden of a tax falls more on a person which is having relatively inelastic curve.

For example: A government imposes a tax in a market of beachfront hotels with an inelastic supply curve. There is no other option available for the sellers than to accept the lower price for the hotels, here the taxes are not affecting the equilibrium quantity. Therefore, the entire burden of tax falls on the suppliers.

Suppose that if the demand curve is more inelastic than the supply curve then  most of the tax burden falls on the consumers and if the supply curve is more inelastic than the demand curve then most of tax burden falls on the sellers.

5 0
3 years ago
In column e, enter formulas that calculate the percentage of the grand total for each type of school supply (total cost of each
anyanavicka [17]

The formula to use get the % of grand totals is as follows:

  • after having the group subtotals, enter the formula SUBTOTAL(9,B2:B21) into a cell you need then press Enter key.

<h3>What is a cell?</h3>

In a spreadsheet. this refers to the rectangular area that is formed by the intersection of a column and a row.

On a typical spreadsheet, every cells have its assigned code from Combination of Number 1-10 to Alphabet A-Z.

In order to calculate the percentage of the grand total for each type of school supply, we will need to enter a formula in the "% of Grand Total" column to divide the value in the "Total Cost" column by the grand total which will format the result as a percentage.

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7 0
2 years ago
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