Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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15. Please help with game matrix. Percentages A= 40% B=50% c=10%

Two competitive pet shops want to open stores at a lake, where there are currently
no pet shops. The figure shows the percentages of the total lake population serviced
by each of the three main business centers. If both shops open in the same
business center, then they split all the business equally; if they open in two
different centers, then they each get all the business in the center in which they open
plus half the business in the third center. Where should the two pet shops open? Set
up a game matrix and solve.
Setup the game matrix. Use percentages.
***
C
10%
A
40%
B
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Transcribed Image Text:Two competitive pet shops want to open stores at a lake, where there are currently no pet shops. The figure shows the percentages of the total lake population serviced by each of the three main business centers. If both shops open in the same business center, then they split all the business equally; if they open in two different centers, then they each get all the business in the center in which they open plus half the business in the third center. Where should the two pet shops open? Set up a game matrix and solve. Setup the game matrix. Use percentages. *** C 10% A 40% B
Two competitive pet shops want to open stores at a lake, where there are currently
Setup the game matrix. Use percentages.
A
Store 1 (R)
Store 2 (C)
B
C
A
B
C
(Type an integers or decimals. Do not include the % symbol in your answers.)
expand button
Transcribed Image Text:Two competitive pet shops want to open stores at a lake, where there are currently Setup the game matrix. Use percentages. A Store 1 (R) Store 2 (C) B C A B C (Type an integers or decimals. Do not include the % symbol in your answers.)
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