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$4,000. $5,000. D Question 4 1 pts Sony and Zenith must each decide which technology to utilize in building their 2019 model high definition television
$4,000. $5,000. D Question 4 1 pts Sony and Zenith must each decide which technology to utilize in building their 2019 model high definition television (HDTV) sets: either Alpha technology or Beta technology. Sony has a technological advantage in using Alpha technology and Zenith has a technological advantage in using Beta technology. The payoff table below shows the profit outcomes for both firms in the various possible technology choice outcomes: Zenith's technology Alpha Beta A B Alpha Sony's $16, $12 $11, $10 technology C D Beta $9, $8 $13, $15 Payoffs in billions of dollars of profits Suppose the technology decision will be made sequentially. Sony (does, does not) possess a first-mover advantage, and Zenith ( does , does not ) possess a first-mover advantage does; does does; does not does not; does does not; does not 1 pts D Question 5 Use the following payoff table for Hardaway Corporation and Paxton Industries. These two firms must make simultaneous pricing decisions. They can choose low
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