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!
Consider a population of consumers uniformly distributed along the interval from left-hand (x = 0) to right-hand (x=1). The mass of consumers is 1. There are two firms (F1 and F2) that supply homogrnouse goods. The objective of each firm is to maximize its profit. The price is regulated at p. each of the riems simultaneously chooses its location (i.e. a point on the line between x=0 and x=1). The consumers observe the firm's choice, and then each consumer buys from the firm whose location is closest to the consumer's position on the line. If the two firms locate at a same point, they equally split the consumer demand.
For example, if Fi locates as in the following figure, the left-hand consumers buy from F1 and the right-hand consumers buy from F2.
1. In this case, what is a pure-strategy Nash equilibrium? You must explain how to derive it.
2. When there are three firms, no pure-strategy Nash equilibrium exists. Prove it.
3. When there are four firms, what is a pure-strategy Nash equilibrium? You must explain how to derive it.
what is the advantages of face-to-face interview?
1. Penny Pincher, Inc. had a contribution margin of $33,000 on sales of $50,000 and had fixed costs of $18,000. Calculate its break-even point in sales dollars. 2. Krueger Company
In the 2009 baseball season, the team that finished the regular season with the best record in the National League was the Los Angeles Dodgers, with a record of 95-67. (For those o
A national study found that treating people appropriately for high blood pressure reduced their overall mortality by 20%. Treating people adequately for hypertension has been diffi
2. Two disks, each of radius 10.0 cm, are charged so that one has a charge of +10.0 nC and the other has a charge of -10.0 nC. The disks are then placed with their flat faces facin
Is Venus geologically active? -It is almost certain that Venus, a planet almost of the same size as earth is geologically active. Recent studies show that there is Volcanic and t
Agglomerative hierarchical clustering methods/procedures Methods of cluster analysis that start with each individual in the separate cluster and then, in the series of steps, c
difference between positive and negative correlaiton
What do you understand by the term “Book Keeping”? Ans. In nutshell the attending the Accounting Process is called or referred as Book Keeping in other plain words we may concern
Three major Accounts and their Rules There are three major Records which are a) Personal Accounts b) Real Accounts c) Moderate Accounts Rule for Personal Account: Ch
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