subject
Business, 06.12.2019 23:31 dansuba

Refer to the payoff matrix. suppose that alpha and beta agree that they will both pursue a high-price strategy. if beta then cheats on the agreement in order to increase profits, which of the following is true?
a. both firms will price high, and this outcome is a nash equilibrium.
b. both firms will price low, and this outcome is a nash equilibrium.
c. both firms will price high, but this outcome is not a nash equilibrium.
d. both firms will price low, but this outcome is not a nash equilibrium

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:10
Belstone, inc. is a merchandiser of stone ornaments. it sold 15,000 units during the year. the company has provided the following information: sales revenue $ 520,000 purchases (excluding freight in) 338,500 selling and administrative expenses 32,000 freight in 15,000 beginning merchandise inventory 43,000 ending merchandise inventory 58,500 how much is the gross profit for the year?
Answers: 3
question
Business, 21.06.2019 17:40
Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest? the account that earns 1.2 percent compounded yearly the account that earns 1.2 percent compounded monthly
Answers: 2
question
Business, 22.06.2019 01:30
Side bar toggle icon performance in last 10 qs hard easy performance in last 10 questions - there are '3' correct answers, '3' wrong answers, '0' skipped answers, '1' partially correct answers about this question question difficulty difficulty 60% 42.2% students got it correct study this topic • demonstrate an understanding of sampling distributions question number q 3.8: choose the correct estimate for the standard error using the 95% rule.
Answers: 2
question
Business, 22.06.2019 07:40
The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $
Answers: 1
You know the right answer?
Refer to the payoff matrix. suppose that alpha and beta agree that they will both pursue a high-pric...
Questions
question
Mathematics, 10.01.2020 03:31
question
Mathematics, 10.01.2020 03:31
question
Biology, 10.01.2020 03:31
question
Biology, 10.01.2020 03:31
Questions on the website: 13722360