! 2.2 PER SON GAMEPLAYER A'sPAVOFF FUNCTION:$(x,) = x(48- 4x+g)%3DPAYER B's PAYOFS FUNCTIONg(xs)=y(96-82y-9x)26a) MOXiniZE t WRT XANOweTFIND AND GRO PH THE REACTION FUNCTIONS6) FINO X X(EQULIDRIur)3.to

1) It is a two-person game. F(x,y ) = x(48-4x+y) = 48x-4x2 +xy Let’s maximise it with…

Answered: 2. 2 PER SON GAME PLAYER A'S PAVOFF…

2. 2 PER SON GAME PLAYER A'S PAVOFF FUNCTION: f(x,9) = x(48- 4x+g) PAYER B'S PAYOFT FUCTION: g(x,s)=g(96-82y-9x) ANO 1 んe下 FIND AND GRO PH THE REACTION FUNCTIONS FINO to

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

2.
2 PER SON GAME
PLAYER A's
PAVOFF FUNCTION:
$(x,) = x(48- 4x+g)
%3D
PAYER B's PAYOFS FUNCTION
g(xs)=y(96-82y-9x)
26
a) MOXiniZE t WRT X
ANO
weT
FIND AND GRO PH THE REACTION FUNCTIONS
6) FINO X X
(EQULIDRIur)
3.
to

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