As the Disney and Warner brothers are the examples of Oligopolistic industry so they must use game theory. As given in matrıx below Disney Fox Films Star Trek Tangled The Joker RS100 Rs 300 Rs 80 Rs 200 Batman Rs 500 Rs 50 Rs 800 Rs 300 Either of the company can one action movie or the other Each value in dollars shows profits for respective movie version a. If Fox filmS wants to make the movie about the matrix and Disney about the Tangled how much profit will Disney get? b.If Disney wants to make Star trek than Fox films can make The Joker or Batman, which one is the best choice? c. If Disney choose Tangled than Foxfilms will choose to dominate the market? d. If Fox films chooses to nmake Batman, which movie version will Disney choose? e. With this perfect information which movie will respective company make?

As the Disney and Warner brothers are the examples of Oligopolistic industry so they must use game theory. As given in matrıx below Disney Fox Films Star Trek Tangled The Joker RS100 Rs 300 Rs 80 Rs 200 Batman Rs 500 Rs 50 Rs 800 Rs 300 Either of the company can one action movie or the other Each value in dollars shows profits for respective movie version a. If Fox filmS wants to make the movie about the matrix and Disney about the Tangled how much profit will Disney get? b.If Disney wants to make Star trek than Fox films can make The Joker or Batman, which one is the best choice? c. If Disney choose Tangled than Foxfilms will choose to dominate the market? d. If Fox films chooses to nmake Batman, which movie version will Disney choose? e. With this perfect information which movie will respective company make?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Consider an oligopolistic industry with N competing firms. Suppose that these firms have no fixed costs and that they all have the same marginal costs. Each firm must choose what quantity to produce independently of each other, and all firms must choose at the same time. If we increase the number of firms in this industry (to for example N+1), the market price a.increases b.decreases c.remains unchanged d.becomes nil e.none of the above
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Monopolistic Competition, Oligopoly, and Game Theory: End of Chapter Problems 10. Poker players are known to bluff once in a while, meaning that they will make a large bet despite holding inferior cards in an effort to pressure other players to fold their hands. Would bluffing be considered a dominant strategy in poker? Yes, because it is the main strategy used by players. O No, because if a player bluffs on every hand, other players will catch on and call his or her bluff. No, because bluffing is usually not successful and is therefore considered a secondary strategy. Yes, because it usually results in a winning hand. Incorrect Question Source: Chiang 4e - Economics Principles For A Changing World Publisher: Worth Publi 11:12 PM 44°F 12/13/2021 近
Faceblock, Gargle+, and SnapHat are rival firms in an oligopoly industry. If kinked-demand theory applies to these three firms, Faceblock’s demand curve will be: a. More elastic above the current price than below it. b. Less elastic above the current price than below it. c. Of equal elasticity both above and below the current price. d. None of the above
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Define the various features of oligopoly market . Need plagiarism free ans please.