Two firms are in the chocolate market. Each can choose to go for the high end of the market (high quality) or the low end (low quality). Resulting profits are given by the payoff matrix to the right.

Firm 1

Low High

Firm 2 Low -20, -30 900, 600

High 100, 800 50, 50

What outcomes, if any, are Nash equilibria?

Sarah took the advertising department from her company on a round trip to meet with a potential client. including sarah a total of 11 people took the trip. she was able to purchase coach tickets for $280 and first class tickets for $1280. she used her total budget for airfare for the trip, which was $6080. how many first class tickets did she buy? how many coach tickets did she buy?

Consider an example of a deck of 52 cards: example set of 52 playing cards: 13 of each suit clubs, diamonds, hearts, and spades ace 2 3 4 5 6 7 8 9 10 jack queen king clubs diamonds hearts spades what is the probability of drawing three queens from a standard deck of cards, given that the first card drawn was a queen? assume that the cards are not replaced.

What is the sum of these mixed numbers 4 2/3+ 3 1/9