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There are two firms in a market that produce an identical product. Each firm has either one or zero units to sell. The probability of having a unit to sell is q and the probability of having no units to sell is 1-q. There is a single consumer interested in buying only one unit of the good at a price not to exceed $1. If both firms have capacity available, it will buy from the lowest priced. If only one firm has capacity, it buys from that firm provided its price does not exceed $1. Each student in the game represents one of these firms. You must decide what price to charge for the good if you were to have a unit available to sell. Note that at the time of making this decision you do not know whether your competitor will have a unit of capacity to sell or not and what price it will choose. Each group must submit three prices, corresponding to the optimal price choices for the following three cases: 1. q=1/4 2. q=1/2 3. q=3/4 I will use your inputed strategy pairwise against each of the strategies submitted by others in the class. Your score will be the total profits made. Input your price (between 0 and 1) for each of the following cases: Price for q=1/4: Price for q=1/2: price for q=3/4:
identifies the cost of computer components to configure a computer system (including all peripheral devices where needed) for use in one of the following four situations:
Compare how the gestures data is generated and represented for interpretation in each of the following input devices. In your comparison, consider the data formats (radio waves, electrical signal, sound, etc.), device drivers, operating systems suppo..
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