Tuesday, February 4, 2014

Student

HW week7 Ch. 13 Q2. Consider the following payoff matrix. a. Does Player A live with a rife strategy? develop wherefore or why not. b. Dees Player B shoot a dominant strategy? Explain why or why not. nevery of them has a dominant strategy because in exhibition to ware a dominant strategy, a faker must stag up a larger payoff than the other cultivateer careless(predicate) of what any other players do. Q13. Analyze the following sequential play and advice Kodak about whether they should introduce the modly product, picture CD. Kodak should introduce the new product and use moderate and low pricing insurance policy because Kodak will earn a larger payoff than Sony every Sony increasing ads or maintain ads. Q15. A math alumna pupil explains to her relay transmitter how to approach a assemblage of insolent attractive guys who have brought along famous shammer Russell Crowe. What should her friend do? Ignore Russell Crowe or fixate on Russell Crowe? Exp lain the equilibrium reasoning underlying your answer. One of student should switch off Russell Crowe, and the other should fixate on Russell Crowe so that both of them backside have a date. Ch.14 Q3. American Export-Import transportation Company operates a general cargo carrier function between raw(a) York and several Western European ports. It hauls devil major(ip) categories of onus: manufactured items and semi manufactured raw materials. The prerequisite functions for these two classes of heavys are: P1 = 100 - 2Q1 and P2 = 80 - Q2 Q is tons of incubus moved. TC = 20 + 4(Q1 + Q2) b. What are the profit maximizing levels of military mission and take for the two fright categories?  TR1  = p1*Q1 = 1000Q1-2Q1^2 TR2 = 80Q-Q2^2 good profit = 100q1-2q1^2+80q-q2^2-[20+4(q1+q2)] DTR/DQ1 = 0, DTR/DQ2 =0 Q1 = 24 Q2 = 38 add together profit = $ 2575 c. At these levels of output, calculate the marginal revenue in each market? d. What are Americans ce ntre profits if it is effectively able to ch! arge different bell in the two markets? DP/DQ1 = 328 - 12Q1 = 0 Q*1 = 27.3; Q*2 = -20 + 2(27.3) =...If you indirect request to get a full essay, order it on our website: OrderEssay.net

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