subject
Business, 08.07.2021 21:40 mamieengler

The following payoff matrix represents the long-run payoffs for two duopolists faced with the option of buying or leasing buildings to use for production. (A) Determine whether any dominant strategies exist and state what it is
(B) determine whether or not there is a Nash equilibrium and state what it is.
Firm 1 Firm 1
Lease Building Buy Building
Firm 2 Lease F1 = 500, F2 = 400 F1 = 750, F2 = 400
Firm 2 Buy F1 = 400, F2 = 750 F1 = 200, F2 = 600

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:30
Consider the following two stocks, a and b. stock a has an expected return of 10%, 10% standard deviation, and a beta of 1.20. stock b has an expected return of 14%, 25% standard deviation, and a beta of 1.80. the expected market rate of return is 9% and the risk-free rate is 5%. security would be considered a good buy if we include the stock in a well diversified a portfolio because a. b, it offers better alpha b. a, it offers better alpha c. a, it offers better sharpe ratio d. b, it offers better sharpe ratio
Answers: 1
question
Business, 22.06.2019 08:30
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
question
Business, 22.06.2019 23:20
Assume a competitive firm faces a market price of $60, a cost curve of c = 0.003q^3 + 25q + 750, and a marginal cost of curve of: mc = 0.009q^2 + 25.the firm's profit maximizing output level (to the nearest tenth) is , and the profit (to the nearest penny) at this output level is $ will cause the market supply to (shift right/shift left). this will continue until the price is equal to the minimum average cost of $
Answers: 2
question
Business, 22.06.2019 23:30
Which career pathways require workers to train at special academies? a.emts and emergency dispatchers b.crossing guards and lifeguards c.police officers and firefighters d.lawyers and judges
Answers: 3
You know the right answer?
The following payoff matrix represents the long-run payoffs for two duopolists faced with the option...
Questions
question
Mathematics, 14.04.2020 01:47
question
Mathematics, 14.04.2020 01:47
question
Social Studies, 14.04.2020 01:47
question
Mathematics, 14.04.2020 01:47
question
Mathematics, 14.04.2020 01:47
Questions on the website: 13722367