7. Solving for dominant strategies and the Nash equilibrium Suppose Ethan and Cadence are playing a game that requires both to simultaneously choose action: Up or Down. The payoff matrix that follows shows the earnings of each person as a function of both of their choices. For example, the upper-right cell shows that if Ethan chooses and Cadence chooses Down, Ethan will receive a payoff of 4 and Cadence will receive a payoff Ethan Up Down Cadence Up Down 6,5 4,4 5,3 7,2 In this game, the only dominant strategy is for to choose The outcome reflecting the unique Nash equilibrium in this game is as follows: Ethan chooses and Cadence chooses

No written by hand solution Decreasing prices in the cosmetic industry to attract new customers within the market segment short essay

Design a process flowchart for hotel staff who are in charge of getting online room bookings and confirming rooms for customers through emails after receiving their orders with a required deposit. Your process flowchart needs to solve 3 following situations: •Out of room •Available rooms matching demand •Available rooms not matching demand

words about the negative/positive impacts of Corona virus (COVID19) on tourism sector in Oman

Will the long-run customer relationship and sales gains from the promotion justify its costs?

XYZ company can manufacture their own products and sells them. They are able to control the demand by changing the price that is determined by the equation below. The company is thinking of maximizing their profit. The fixed cost is $1,000 per month and the variable cost is $40 per unit. Find the number of units that must be manufactured and sold monthly to maximize profit. (Demand D in the equation is monthly) Hint: Profit = Total Revenue - Total Cost 2,700 5,000 p = $38 + D for D > 1 D2 1 Add file

A warehouse dispatch team, offering 'good customer service', is an example of which performance standard category used when performing control?

Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200 $1,700 $1,200 $2,900 300 $1,700 $2,700 $4,400 400 $1,700 $5,200 $6,900 500 $1,700 $9,000 $10,700 600 $1,700 $15,000 $16,700 700 $1,700 $23,800 $25,500 800 $1,700 $36,800 $38,500 900 $1,700 $55,800 $57,500 1,000 $1,700 $83,000 $84,700   Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order?  At what quantity of bags will profits be maximized? A   Use the profit maximizing rule, MR ≥ MC, buy 300 bags. B   Use the profit maximizing rule, MR ≥ MC, buy 200 bags. C   Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 300. D   Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 200.

(a) A manufacturer has a fixed cost of $2200 and a production cost of $ 60 for each unit produced. The price-demand function was determined to be p(x)=800-2x. (i) Derive the cost function, C(x). (i) Find the revenue function, R(x).

Question 4. Please help with a & b. Thank you