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Question: Suppose two merchants have to choose a location along the straight road. They may choose any point in {1, 2,..., n}. Assume there is exactly one customer at each of these points and a customer will always go to the nearest merchant. If the two merchants are equidistant to a customer then they share that customer, that is, 1 2 the customer goes to each store. For example, if n = 11 and if player I chooses location 3 and player II chooses location 8, then the payoff to I is 5 and the payoff to II is 6. (a) Suppose n = 5. Find the bimatrix and find the Nash equilibrium. (b) What do you think is the Nash equilibrium in general if n = 2k + 1, that is, n is an odd integer.
Write a term paper about the topic "Four functions of management to manage the business successfully".
Consider the normal-form games pictured here. Draw an extensive-form representation of each game. Can you think of other extensive forms that correspond to these normal-form games?
The organizing process can be done efficiently if the managers have certain guidelines so that they can take decisions and can act. To organize in an effective manner, the following principles of organization can be used by a manager.
Analyze all parts and sections of the uniform contract format that could present a problem in this scenario. Suggest how you will adjust your approach to turn the problems you have identified into strengths for your small company.
A woman hired as a prison librarian complained about harassment by a supervisor from another agency that operated at the prison. The behavior that was the subject of her complaint, some of which was witnessed by other employees, oc- curred about f..
The decision was approved by the dean and later affirmed by the provost after an appeal by Miss Horowitz.- Is her claim correct? Explain.
Summarize any connections between professional certifications and employee motivation. List examples of professional certifications. Calculate any cost associated with the professional certification.
Quality management and continuous improvement
I900: Performance Management Systems and Motivation please 1000 words, Write a 2- to 3- page critical analysis on the effects of performance management systems on employee motivation. Your analysis should include:
Are the fictional incidents realistic and plausible? Is the filled chart consistent with the fictional incident? Is the plan of correction feasible? Will it prevent the occurrence of the incident in future
Differentiate among information, entertainment, and communication regarding media interactions. Describe how the convergence, content, and concentration of media have transformed mass communication.
Describe the three major flows in the economy
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