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Consider the following normal form representation of a negotiation between management and labor over wages:
Labor
Baragian Hard Be Nice
Managment Baragian Hard 0,0 19,8
Be Nice 10, 15 12,12
1) Number of pure strategy Nash equilibria in this simultaneous-move game:?
2) If Management can credibly move first, they will be able to earn?
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Calculate the point elasticity of the firm's total sales revenue with respect to the amount of labor used when q = 2.
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What are some global factors that have influence upon South Korea? What are favourable and unfavourable international factors that can afect South Korea's
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