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Q. Assume which Wall-World and Turbo are independently deciding whether to implement a new bar code technique. As compared to others it is less costly for their suppliers to use one system and the following payoff matrix shows the profits per year for each company resulting from the interaction of their strategies.
a. Briefly explicate whether Wall-World has a dominant strategy.
b. Briefly explicate whether Turbo has a dominant strategy.
c. Briefly explicate whether there is Nash equilibrium in this game.
Find the present value of this project by using the Adjusted Present Value (APV) formula
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Product Y can be sold at a profit if $100 per unit, and product K can be sold at a profit of $25 each.
Consider a couple's decision about how many children to have.Assume that over a lifetime a couple has 200000 hours of time either work or raise children.The wage is RM10 per hour.Raising a child takes 20000 hours of time.
Contrast two or three key economic factors for this country with the United State economy also comment.
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Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
Do you think such a policy will increase demand for electronic appliances.
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