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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.
By now you should have a pretty good idea about the major information sources available on the company you have chosen for your SLPs. Unfortunately, few if any companies will directly admit what pricing strategy they use. Most will say "of course w..
We calculate a seasonal index in order to remove the seasonal component before creating a forecast. Is it possible to remove this step and create a forecast with the seasonal variation still in place? Why or why not? Explain
How can a company ensure that their in-house SWOT analysis is unbiased? - Do you think it's important for a company spend time to evaluate if a goal unmet is a failure or an opportunity to capitalize?
Find the efficient effort levels, production, and utility levels - what is the outcome associated with their partnership
There are four key barriers to communication: process barriers, personal barriers, physical barriers, and semantic barriers. Write an essay describing how you, as a manager, would overcome each of these four barriers. Describe the guidelines, tool..
The plaintiffs claimed that the trust, which had lasted 18 years, was no longer valid, having passed the 10-year limit. The defendants claimed that the 10-year limit did not apply to this trust. Were the defendants correct? Explain.
Explain the difference between pre-service, point-of-service, and after-service. What elements are central to each? Provide an example of how an organization might create a competitive advantage in each of these areas.
71-342: Compensation Management Project Report. A comparison of each employee's current base pay with the pay range and recommending which employee's base pay can be categorized as red circle, green circle or neutral. Calculating compa-ratio based ..
Summarize the ways in which advertising has affected American culture. Illustrate your findings with specific examples. If you use external references, make sure to list your references on the last slide.
"Would an HMO entering the Medicare market expect to experience favorable or adverse selection?
With the aid of theory, discuss the importance and value of graphics in mass communication. You have been asked to investigate several customer complaints regarding the supply of cheese in your local supermarket. Your terms of reference are: Invest..
What are the four stages of development
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