Consider the following entry game: Firm B is an existing firm in the market, and firm A is a potential entrant. Firm A must decide whether to enter the market (play “enter”) or stay out of the market (play “not enter”). If firm A decides to enter the market, firm B must decide whether to engage in a price war (play “hard”) or not engage in a price war (play “soft”). If firm B plays “hard,” firm A makes a loss of $2 million, but firm B only makes $2 million in profits. On the other hand, if firm B plays “soft,” firm A as the new entrant takes half of the market, and each firm earns profits of $4 million. If firm A does not enter , it earns zero profits while firm B earns $8 million. Which of the following is a Subgame Perfect Equilibirum?  

The condition under which price discrimination is profitable is

A Nash equilibrium is a condition that

A local pool estimates their average customer’s demand per month in the summer is Q = 7 – 2P, and knows the marginal cost of each pool guest is $0.5. How much should the pool charge for a summer monthly membership in order to extract all the consumer surplus via an optimal two-part pricing strategy?

Suppose two types of consumers buy suits. Consumers of type A will pay $100 for a coat and $50 for pants. Consumers of type B will pay $75 for a coat and $75 for pants. The firm selling suits faces no competition and has a marginal cost of zero. The optimal commodity-bundling strategy is

Suppose that frame M is obtained by rotating Z-axis of frame F by 60 degree, given the position (coordinates) of a point P with respect to frame F is How to calculate the position of P with respect to frame M.

In the figure below, suppose a camera is located at the origin of the world frame, if

List and briefly name the five main steps in the cotton system of yarn spinning. (1 point each) Your answer should reflect the general order of the process from raw fiber to spun yarn.

A consumer switches to a new detergent and notices it lifts grease stains more effectively than their previous brand. Which part of the detergent is responsible for helping water mix with oil and remove soils?

Which two organelles are most directly involved in the flow of energy from the sun through living things?