Which is true of output-choice models of oligopoly behavior?
a. niether the cournot nor the stackelberg model can be constructed as a sequential game.
b. both the stackelberg and cournot models can be constructed as sequential games
c. the cournot, but not the stackelberg, model can be constructed as a sequential game.
d. the stackelberg, but not the cournot, model can be constructed as a sequential game

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no