Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Company A and Company B have spent a lot of money on research to develop a cure for the common cold. Winter is approaching and there is certainly going to be a lot of demand for their product. However they both know that they are competitors and that both of them have very similar products. As a result, they have to decide whether to conduct an expensive advertising campaign or not.
If Company A and Company B both do not advertise, they do not have any additional costs and end up splitting the revenues from their market, so as to earn $ 500,000 each. This is shown in the top left box. If, however any one of them decides to advertise while the other company does not advertise, customers are only made aware of the product that the advertising company produces. As a result they will only buy the advertised product. If this is the case, the company which advertised will get $750,000, while the company which did not advertise loses $250,000 because of its costs in developing the drug. These situations are shown in the top right and bottom left boxes. Finally, if both companies decide to advertise, they become locked in an advertising war and spend a lot of money shooting down the competitor's product. If this happens, both companies will earn profits, but a significantly lower amount, $100,000 each. This is the bottom right box.
(A) If both companies pursued only their self-interest then which outcome would occur? Explain carefully.
(B) Can both companies do better if they have an agreement? What should this agreement force them to do? What will be the profit of each company in this case?
If r,R denote position vectors of points on the straight lines in the direction of a and b respectively, and if n is a unit vector perpendicular to both these directions, show that
what effect is the constant in an equation have on an graph
Consider the following linear programming problem: Min (12x 1 +18x 2 ) X 1 + 2x 2 ≤ 40 X 1 ≤ 50 X 1 + X 2 = 40 X
Ask queFind the normalized differential equation which has {x, xex} as its fundamental setstion #Minimum 100 words accepted#
How do you find the area of a circle given the diameter?
write an equation for a functionthat gives the value in ech table .
Write the quadratic equation whose roots are real and non conjugate Ans) x^2-x+6=0 ...roots are real and non conjugate
Does this Point Lie on The Line? How do you know if a point lies on a given line? For example, does the point (1, 2) lie on the line 3x + y = 7? If you graph the line and the
how much it cost an hour
trigonometric ratios of sum and difference of two angles
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd