Reference no: EM132444965
Question 1: " required three pages to cover bot part A & B )
(Part A) In the context of oligopoly pricing, how does the nature of the game change according to whether products are substitutes or complements ? What determines the profitabilities of the suppliers? Why is the sales of complements similar in nature to the problem faced by negotiators who must agree to " split the pie " appropriately ?
(Part B) Find two examples of pairs of products that are , respectively , (i) substitutes and (ii) complement , and relate those cases to your game-theoretic analysis from pat A.
Question 2: " required three pages to cover bot part A & B )
(Part A) What are the major forms of auction format for the sale a single object? For buyers who know their valuations for the object, what are the optimal bid- ding strategies? What happens if the auctioneer is procuring (that is, seeking to buy; this is a tendering process) and the bidders are competing sellers?
(Part B) Describe a real auction or tender process. Explain the rules, including the re- serve price (if any), the number of bidders, and the likely ranges for bidders' valuations. If you were a participant, then what would you do?
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Compare the output and profits for the two firms
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Evaluate the responses of the motor carrier industry
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Serving various purposes comprise a complex system
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Describe a real auction or tender process
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Seeking approval for new fiscal year budget
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Determine if there have been any recent
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Why a person have decreased urinary output
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Explain how servant leadership can improve communities
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