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Q1. GAME THEORY: Colonel Blotto has three partitions through which to defend 2 mountain passes. His challenger also has three partitions. Blotto effectively defends a pass if as well as only if he distributes an equal or greater quantity of partitions to it as his opponent. Blotto wins if he successfully defends both passes, in addition to lose otherwise. Blotto pay is 0 if he loses and 1 if he wins. Illustrate the mixed Nash equilibrium of the game.
Q2. In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15. The company said that it expected the price cut to boost the quantity of CDs sold by 30%.
What present expenditure is warranted for business that is expected to produce a savings of $8000 per year that will decrease by $800 per year for nine years with an interest rate of 10%? Draw a cash flow diagram that depicts the situation as well..
What, how and for who apply to the following the economic decision. Should the company makes its own spare parts or buy them from an outside vendor.
Bleacher tickets for the game were sold out and many fans would have attended if tickets were available? What is the main rationing mechanism to allocate tickets for the game?
q. what is the value of a piece of land? consider the following scenarios.1 suppose that you own a farm run by tenants.
From the e-Activity, determine the environmental variable most likely to affect the short-run production over the next 12 months. Determine what managers can do to prepare for the possible change in short-run production.
Explain how Democratic is it to support an unelected judiciary. Defend your argument for or against the election of federal judges and Supreme Court justices.
What is the role of money in the modern economy? How well would our economy function without money? What would the consequences be?
Elucidate how resource scarcity influences this marketplace also describe choices stakeholders must make.
Evalute the percentage change for the two years. Explain the drastic change and what this meant for the U.S. population.
the price of business travels drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel marginal rate of substitution between electronic media and business travel is - 1. Is t..
If the marginal revenue from a product is $15 and the price elasticity of demand is ?1.2, what is the price of the product?
For se shipment patterns, what would be better brewery location for minimizing annual transportation costs to warehouses.
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