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Describe some interaction your company has with another entity (firms producing complementary or substitute products, upstream suppliers, or downstream customers), or between internal divisions within your firm that can be described as a sequential or simultaneous game. Diagram the strategies, players, and compute payoffs as best you can. Compute the Nash equilibria. What can you do to change the rules of the game to your advantage? Compute the profit consequences of your advice.
Your response should be 500-750 words. Please include the diagram required in the problem. Please choose any industry
Directions: Please write a (min.) one page, single spaced (handwritten) or double spaced (typed, 12pt font), report. Use the current information and the goals given to you in the scenario along with all of the tools available for monetary and fisc..
Illustrate the amount of total benefits-total costs also total net benefits at the selected quantity
Suppose the total liabilities are £560,000 the amount owed to unsecured creditors is £375,500, and an unsecured creditor who is owed £50,000 receives £18,000 the expenses of winding up the business are £4,500.
Suppose the company wants to set its price equal to full cost plus 30 percent. To determine cost, the company must estimate the number of units it will produce and sell in a year.
BUS700 MACROECONOMICS Calculate the GDP for both countries and discuss the usefulness of these data in deciding which, if any, of these two countries is likely to be experiencing an economic recession.
The subsequent table gives total output or total product as a function of labor units used. Does the table indicate a situation of diminishing returns.
Research federal government spending and taxes over the last 3-5 years (fiscal policy). Has total government spending increased or decreased? Explain. Have income tax rates increased or decreased? Explain.
A monopolist with two plants operates with a marginal revenue of 500-4Q and marginal costs of 4Q for plant 1 and 2Q for plant 2. Elucidate what are outputs at each plant to maximize profits.
Illustrate the impact do natural resources have on economic growth. Will it be possible for a country with few natural resources to grow rapidly.
Explain briefly why capital is the fixed factor in the short run, and not labor.
If there are n firms in the industry, find expressions for the competitive equilibrium price and quantity. What is the equation for how much each firm produces? What is the equation for the profit of each firm? [Hint: Your answer should be 4 algebrai..
Assume the station plans to give the DVDs away. How many should it order. From which supplier.
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