Connect Assignment - Chapter 10 (#) Fived Help Save & 3 Which of these outcomes would you consider most likely? O (-110.6) O (6,-110) 10 O 150.50) [26.26) b. Suppose player 1is permitted to "communicate"by uttering one syllable before the players simultaneously and independently make their decisions. What should player 1 utter? OA OB What outcome do you think would occur as a result? O(-110,6) O (6.-110] O (26,26) Graw lenovo\fConnect Assignment - Chapter 10 (@) Help 3 OA OB 10 What outcome do you think would occur as a result? points O (-110,6) rBock O (6,-110) O (26.26) O (50,501 c Suppose player 2 can choose it's strategy before player 1, that player 1 observes player 2's choice before making her decision, and that this move structure is known by both players What outcome would you expect? O (26.26] O 16,-1101 O 150.501 O 1-110,6] 3 0 4 GramConnect Assignment - Chapter 10 0) Help Save & 4 Al a time when demand for ready-to-eat cereal was stagnant, a spokesperson for the cereal maker Kellogg's was quoted as saying. " for the past several years, our individual company growth has come out of the other fellow's hide. "Kellogg's has been producing cereal since 1906 and continues to implement strategies that make it a leader in the cereal industry Suppose that when Kellogg's and its largest rival advertise, each company earns 50 billion in profits When neither company advertises, each company earns profits of $8 billion. If one company advertises and the other does not, the company that advertises earns $48 billion and the company that does not points advertise loses $1 billion. For what range of interest rates could these firms use trigger strategies to support the collusive level of advertisng? Instruction: Enter your response as a percentage rounded to the newest whole number percent 4 0 4 lenovoConnect Assignment . Chapter 10 (1) Help Save 3 Use the following payoff matrix for a one-shot game to answer the accompanying questions Player 2 Strategy Player 1 50, 50 -110, 6 6 -110 10 a Determine the Nash equilibrium outcomes that arise if the players make decisions independently, simultaneously, and without any communication. Back Instructions: In order to receive full credit, you must make a selection for each option. For correct answers), click the box once to place a check mark For incorrect answers], click twice to empty the box (50.50) (26.26) 016-110) OF110.6) Which of these outcomes would you consider most likely? lenovo2 Use the following normal-form game to answer the questions below Player 2 Player 1 139. 30 10 a Identify the one-shot Nash equilibrium. Book O B.D) OAC) O (ADJ O (B.C) b. Suppose the players know this game will be repeated exactly three times Can they achieve payoffs that are better than the one. shot Nash equilibrium? O Yes e. Suppose this aime is infinitely repeated and the interest rate is 6 percent Can the plovers achieve Divoffs that are better than the MC Next > lenovo