P2
L R
P1 U 3,1 2,2
D 0,2 2,3

Assume Row plays U with probability p and Column plays L with probability q. Answer the following questions accordingly.

HINT: Start with pure strategy Nash equilibria. Note that there may be mixed strategy Nash equilibria where one of the players play a pure strategy.

a. Is (p=0.75, q=0) a Nash equilibrium for this game?
b. Is (p=0.4, q=0) a Nash equilibrium for this game?
c. Is (p=1, q=0.5) a Nash equilibrium for this game?
d. How many Nash equilibria does this game have? Explain and state the equilibria.

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing​ company: work in process inventory ​$0 raw materials inventory $ 29 comma 000 finished goods inventory $ 40 comma 900 additional​ data: 1. actual manufacturing overhead for january amounted to $ 62 comma 600. 2. total direct labor cost for january was $ 63 comma 600. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no.​ 151, for which total direct labor charges were $ 5 comma 700 ​(1 comma 000 direct labor​ hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 300. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 200. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for​ january

Social computing forces companies to deal with customers as opposed to

Martha entered into a contract with terry, an art dealer. according to the contract, terry was to supply 18 th century artifacts to martha for the play she was directing, and martha was ready to pay $50,000 for this. another director needed the same artifacts and was ready to pay $60,000. terry decided not to sell the artifacts to martha. in this case, the court may order terry to: