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Netix. Hulu and Amazon Prime are three streaming services that all offer a range of movies and TV shows. Together these three products dominate the
Netix. Hulu and Amazon Prime are three streaming services that all offer a range of movies and TV shows. Together these three products dominate the online streaming market. Answer the following questions: a. In 2015 Netflix distributed its original show \"Bojaok Horseman". whilst Amazon Prime distributed "Transparent\" and Hulu distributed \"Deadbeat.\" Gan these TV shows be considered to be slightly differentiated produot;s\"'iI . Type Y for Yes or N for No. b. Amazon and Netflix are bidding for the rights to a new TV Show called \"Jimmy's Lectures." However. there are also other shows for whioh the two services wish to bid and as a result. they are trying to establish their bidding budget for the next year. Both realise that how much they spend on bidding depends on how much the other spends on bidding. Based on the payoff matrix below. what strategy will Amazon (the left player} adopt? Net'ix is the top player. SB . Type SB for Small Budget, MB for Medium Budget or LB for Large Budget. Small Budget {SB} Medium Budget {MB} Large Budget [LB] Small Budget {SB} 25, 25 1t}, 40 3, 55 Medium Budget [MB] 4D. 10 2t}. 20 B. 35 Large Budget (LB) 55. 3 35. B 15, 15 o. In the event where Amazon and Netix decided to bid for completely different shows over the next year, would the payoff matrix be usel"t.|l'iI N . Type Y for Yes or N for No. The River Stage is a live music venue in Brisbane's Botanic Gardens. The Brisbane City Council recently changed the River Stage's license as a result of noise complaints. Consequently, it is not allowed to host concerts after 10:30 pm at night. In this scenario: 1. The music from the River Stage must be a negative externality. 2. Without government intervention, it is likely too much noise would have continued being produced at the River Stage. 3. Government intervention results in not enough noise being produced at the River Stage. Which of the above statements are true: O Only 1 is true. Only 2 is true. Both 1 and 2 are true. Both 2 and 3 are true. O All three are true
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