(c) Suppose the two firms were to merge and maximize joint profits. Determine the price the upstream...

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(c) Suppose the two firms were to merge and maximize joint profits.

Determine the price the upstream division will charge the downstream division, i.e. determine the optimal transfer price.

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Artificial Intelligence For Games

ISBN: 9780080885032

2nd Edition

Authors: Ian Millington, John Funge, Millington

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