Dell first chooses whether to offer symantec $30 or $20 for each copy of its software, and then symantec responds by either accepting or rejecting the offer. the strategies and corresponding profits (in millions) for dell (d) and symantec (s) are depicted in the decision tree to the right. what is the nash equilibrium of the game?
a. dell will offer $30 per copy of the software and symantec will accept the offer.
b. dell will offer $30 per copy of the software and symantec will reject the offer.
c. dell will offer $20 per copy of the software and symantec will reject the offer.
d. dell will offer $20 per copy of the software and symantec will accept the offer.

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800

Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.

Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.