Reference no: EM131040409
1. Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition, whether the Learner Index works well to define the market power for Microsoft in the software industry? Explain your answer.
2. Please solve the following game:
Assume that a total $100 grant will be shared by the three researchers, X, Y, and Z. Each person is rational and selfish. There are six proposals with different shares of (X, Y, Z) for choices as the following.
Proposal I: (X, Y, Z) = (50, 40, 10)
Proposal II: (X, Y, Z) = (60, 10, 30)
Proposal III: (X, Y, Z) = (40, 20, 40)
Proposal VI: (X, Y, Z) = (20, 30, 50)
Proposal V: (X, Y, Z) = (30, 50, 20)
Proposal VI: (X, Y, Z) = (20, 50, 30)
The rule of choosing the final proposal is simple. First, Z is the person to determine who (either X or Y) is the proposal raiser. Then the proposal raiser chooses a particular proposal. Finally, the last person has the right to pass it or reject it. If the last person's payoff is the smallest among the three, then the proposal will be rejected and no one will get anything. The decision making process can be done by only one time. Which proposal will be the final outcome? Explain the decision briefly.
Please answer all the two questions by one paragraph for each.
|
What is the average inventory if costs are minimized
: Flemming Accessories produces paper slicers used in offices and in art stores. The minislicer has been one of its most popular items: Annual demand is 6,750 units and is constant throughout the year. Kristen Flemming, owner of the firm, produces the ..
|
|
Relationship between real gdp and potential gdp
: Briefly explain the relationship between real GDP and potential GDP and between the unemployment rate and the natural rate as the economy moves through a business cycle as it grows.
|
|
Prepare journal entries to record transactions of sage ltd
: Determine how Jack Ltd should account for the results of the impairment test at 30 June 2015 and 30 June 2016, and prepare any necessary journal entries - Prepare the journal entries to record the transactions of Sage Ltd
|
|
Opportunities and threats are external in nature
: All companies have strengths, weaknesses, opportunities and threats. Bulk purchasing discounts are one of the principal advantages for franchisors. Franchisees suffer from a restriction of their freedom. Opportunities and Threats are external in natu..
|
|
Define microsoft as a monopoly
: 1. Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition, whether the Learner Index works well to define the market power for Microsoft in the software industry? Explain your answer.
|
|
Optimal tax-government officials
: Suppose government officials have set an emissions tax to reduce pollution. Assume the optimal tax would be $1,500 but government officials have set the tax equal to $500. At the equilibrium with the $500 tax:
|
|
Prevent the negative consequences of political behavior
: Like power, the term politics in organizations may conjure up a few negative images. However, organizational politics is not necessarily negative. Rather it is the use of power and influence in organizations. How do organizations encourage political ..
|
|
Discussing the employment relations issues
: Write a report to the President of the Fair Work Commission discussing the employment relations issues that can be identified in the industrial dispute between the Maritime Union of Australia and Patrick Stevedores Holdings Pty Ltd in 2015 and 201..
|
|
Choice to find combined gis/gps applications
: Each group will use a search engine of their choice to find combined GIS/GPS applications as well as look at various vendor sites to find success stories. (For GPS vendors, look at http://biz.yahoo.com (directory) and Google.) Each group will make..
|