Business
Business, 26.11.2019 00:31, mia3128

Uppose that expresso and beantown are the only two firms that sell coffee. the following payoff matrix shows the profit (in millions of dollars) each company will earn depending on whether or not it advertises: beantown advertise doesn't advertise expresso advertise 8, 8 15, 2 doesn't advertise 2, 15 11, 11 for example, the upper right cell shows that if expresso advertises and beantown doesn't advertise, expresso will make a profit of $15 million, and beantown will make a profit of $2 million. assume this is a simultaneous game and that expresso and beantown are both profit-maximizing firms. if expresso decides to advertise, it will earn a profit ofmillion if beantown advertises and a profit ofmillion if beantown does not advertise. if expresso decides not to advertise, it will earn a profit ofmillion if beantown advertises and a profit ofmillion if beantown does not advertise. if beantown advertises, expresso makes a higher profit if it chooses . if beantown doesn't advertise, expresso makes a higher profit if it chooses . suppose that both firms start off not advertising. if the firms act independently, what strategies will they end up choosing?

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 19:00, Samzell
Minolta inc. is considering a project that has the following cash flow and wacc data. what is the project's mirr? note that a project's projected mirr can be less than the wacc (and even negative), in which case it will be rejected. wacc: 10.00% year 0 1 2 3 4 cash flows -$850 300 $320 $340 $360
Answers: 3
image
Business, 22.06.2019 01:30, hollymay808p0t9to
At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting
Answers: 1
image
Business, 22.06.2019 02:00, juli8350
Keshawn used to work for an it company in baltimore, but lost his job when his company decided to use workers in new delhi instead. this is an example of:
Answers: 1
image
Business, 22.06.2019 06:30, makarockslynn4764
If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?
Answers: 1
Do you know the correct answer?
Uppose that expresso and beantown are the only two firms that sell coffee. the following payoff matr...

Questions in other subjects: