subject
Business, 06.08.2021 21:10 NatalieAllen11

In the little town of Gas Pump, South Dakota, there are two gas stations across the street from each other, the East station and the West station. A local ordinance requires that they are permitted to change the price of gasoline only once a week at precisely 8:00 a. m. on Monday and in 5 cent increments. For some time, the price of gasoline has been stable at $1.50 per gallon, but midweek, the price each station pays for gasoline changed to $1.44. Given the payoff matrix below, which of the following strategies is a pure strategy Nash equilibrium? West
1.45 1.50 1.55
1.4 5,5 10,0 10,0
East 1.5 0,10 30,30 60,0
1.5 0,10 0,60 55,55
a. (cut, cut), (hold, hold), and (raise, raise)
b. (cut, cut) and (hold, hold)
c. (hold, hold) and (raise, raise)
d. (raise, raise)
e. No pure strategy Nash equilibrium exists.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 18:20
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.
Answers: 2
question
Business, 22.06.2019 02:30
The monthly sales for yazici​ batteries, inc., were as​ follows: month jan feb mar apr may jun jul aug sept oct nov dec sales 19 20 17 12 11 18 16 17 19 22 21 24 this exercise contains only parts b and c. ​b) the forecast for the next month​ (jan) using the naive method​ = nothing sales ​(round your response to a whole​ number). the forecast for the next period​ (jan) using a​ 3-month moving average approach​ = nothing sales ​(round your response to two decimal​ places). the forecast for the next period​ (jan) using a​ 6-month weighted average with weights of 0.10​, 0.10​, 0.10​, 0.20​, 0.20​, and 0.30​, where the heaviest weights are applied to the most recent month​ = nothing sales ​(round your response to one decimal​ place). using exponential smoothing with alpha ​= 0.40 and a september forecast of 21.00​, the forecast for the next period​ (jan) = nothing sales ​(round your response to two decimal​ places). using a method of trend​ projection, the forecast for the next month​ (jan) = nothing sales ​(round your response to two decimal​ places). ​c) the method that can be used for making a forecast for the month of march is ▾ a 3-month moving average a 6-month weighted moving average exponential smoothing the naive method a trend projection .
Answers: 2
question
Business, 22.06.2019 12:50
In june 2009, at the trough of the great recession, the bureau of labor statistics announced that of all adult americans, 140,196,000 were employed, 14,729,000 were unemployed and 80,729,000 were not in the labor force. use this information to calculate: a. the adult population b. the labor force c. the labor-force participation rate d. the unemployment rate
Answers: 3
question
Business, 22.06.2019 17:30
Google started as one of many internet search engines, amazon started as an online book seller, and ebay began as a site where people could sell used personal items in auctions. these firms have grown to be so large and dominant that they are facing antitrust scrutiny from competition regulators in the us and elsewhere. did these online giants grow by fairly beating competition, or did they use unfair advantages? are there any clouds on the horizon for these firms -- could they face diseconomies of scale or diseconomies of scope as they continue to grow? if so, what factors may limit their continued growth?
Answers: 1
You know the right answer?
In the little town of Gas Pump, South Dakota, there are two gas stations across the street from each...
Questions
question
Biology, 02.11.2020 15:50
question
Spanish, 02.11.2020 15:50
question
Mathematics, 02.11.2020 15:50
question
History, 02.11.2020 15:50
Questions on the website: 13722363