Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Consider a population of consumers uniformly distributed along the interval from left-hand (x = 0) to right-hand (x=1). The mass of consumers is 1. There are two firms (F1 and F2) that supply homogrnouse goods. The objective of each firm is to maximize its profit. The price is regulated at p. each of the riems simultaneously chooses its location (i.e. a point on the line between x=0 and x=1). The consumers observe the firm's choice, and then each consumer buys from the firm whose location is closest to the consumer's position on the line. If the two firms locate at a same point, they equally split the consumer demand.
For example, if Fi locates as in the following figure, the left-hand consumers buy from F1 and the right-hand consumers buy from F2.
1. In this case, what is a pure-strategy Nash equilibrium? You must explain how to derive it.
2. When there are three firms, no pure-strategy Nash equilibrium exists. Prove it.
3. When there are four firms, what is a pure-strategy Nash equilibrium? You must explain how to derive it.
Q. How to Choose a Sample? The way a sample is chosen is extremely important in all statistical studies. This is because, ultimately, all the inferences will be based on the s
if the class intervals of data are equal. though it is ranges,do we have to use bar charts keeping a same space between bars or a histogram?
meanings of statistics by different authors and importance of statistics in the field of Education
does interest realized come under debit or credit side of trial balance pleases i need answer
The BBC hosts a homophone quiz on its website; your task for this lab is to develop an automatic method for completing the quiz, with the aim being to get as high a score as possib
In reguards to the airlines indusry, provide a minimum of 300 words for each statement. plus atleast 3 academic resources. 1. hypothesis the basic short-run and long-run behavio
Variation Coefficient The standard deviation discussed above is an absolute measure of dispersion. The corresponding relative measure is known as the coefficient of variation. Thi
Two components, A and B, are used as follows: normal usage - 50 per week each minimum usage - 25 per week each maximum usage - 75 per week re-order quantity - A:300; B:500 re-order
numericals
impact of cost accounting technique in organizational performance
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd