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(1) Suppose you're the next CEA Chief economist and asked to evaluate the impact of tariffs on US enterprises. What do you do? (2) There

(1) Suppose you're the next CEA Chief economist and asked to evaluate the impact of tariffs on US enterprises. What do you do?

(2)

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There are 43 questions in total. Budget your time wisely! Question 42 2 pts Consider the following export subsidy game between Samsung and Apple. Both companies consider entering the Chinese market with the following payoff matrix, each pay-off unit represents (Samsung's revenue, Apple's revenue) Samsung \\ Apple Enter Don't Enter Enter 5 billion, 5 billion 20 billion, 0 Don't Enter 0, 20 billion 0, 0 Table 1: Game 1 Payoff Matrix What's the Nash Equilibrium of the above game? BIYA ALES x - CR VX G T 1 12pt Y Paragraph

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