![subject](/tpl/images/cats/mat.png)
Mathematics, 29.07.2021 04:00 blayneaafedt
Consider the cola industry, in which Coke and Pepsi are the two dominant firms. (To keep the analysis simple, just forget about all the others.) The market size is S8 billion. Each firm can choose whether to advertise. Advertising costs SI billion for each firm that chooses it. If each firm advertises and the other doesn't, then the former captures the whole market. If both firms advertise, they split the market 50:50 and pay for the advertising. If neither advertises, they split the market 50:50 but without the expense of advertising. (a) Write the payoff table for this game, and find the equilibrium when the two firms move simultaneously. (b) Write the game tree for this game (assume that it is played sequentially), with Coke moving first and Pepsi following. (c) Is either equilibrium in parts (a) and (b) better from the joint perspective of Coke and Pepsi? How could the two firms do better?
![ansver](/tpl/images/cats/User.png)
Answers: 1
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Other questions on the subject: Mathematics
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 14:00, AnaiyaKirksey8
Find the area of a trapezoid with bases 14 cm and 18 cm and height 10 cm. 160 cm2 140 cm2 180 cm2 126 cm2
Answers: 3
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 15:30, sandyyknguyen4837
Find the slope of the line below . enter your answer as a fraction or decimal. use a slash mark ( / ) as the fraction bar if necessary
Answers: 3
![image](/tpl/images/cats/mat.png)
Mathematics, 21.06.2019 16:40, lawrencebenoit7194
This question awards 100 ! i really don’t want to fail i will also mark you !
Answers: 2
You know the right answer?
Consider the cola industry, in which Coke and Pepsi are the two dominant firms. (To keep the analysi...
Questions in other subjects:
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 22.10.2020 19:01
![Konu](/tpl/images/cats/mat.png)
![Konu](/tpl/images/cats/biologiya.png)
Biology, 22.10.2020 19:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 22.10.2020 19:01
![Konu](/tpl/images/cats/mat.png)
Mathematics, 22.10.2020 19:01
![Konu](/tpl/images/cats/ekonomika.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 22.10.2020 19:01
![Konu](/tpl/images/cats/en.png)
English, 22.10.2020 19:01