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Robinet Fig. in 000' $ Fight Accommodate E Enter (500), 1500 2000,8000 WCC E Don't Enter 0, 16250 0,16250 Equilibrium (E) Exhibit 6. Game Matrix
Robinet Fig. in 000' $ Fight Accommodate E Enter (500), 1500 2000,8000 WCC E Don't Enter 0, 16250 0,16250 Equilibrium (E) Exhibit 6. Game Matrix for France Entry Decision (payoffs in thousands of dollars of annual profit) Low cost Scenario High cost Scenario VLM unit cost = $20 VLM unit cost = $40 Price under dual entry = $40 Price under dual entry = $50 VLM VLM Enter Don't Enter Enter Don't Enter Enter (500), 1000 3000, 0 Enter 1000, (500) 3000, 0 WCC WCC Don't 0, 5000 0.0 Don't 0. 1000 0.0 Enter Enter Dominant Strategy WCC -NO Dominant Strategy WCC - Enter VLM - Enter VLM - NO Equilibrium VLM Entering & WCC not entering WCC Entering & VLM not entering Exhibit 5. Game Matrix for South Korea Entry Decision under Low Cost and High Cost Scenarios VLM Fig. in 000' $ Enter Don't Enter Enter 250, 250 3000.0 WCC Don't Enter 0, 3000 0.0 Exhibit 4. Game Matrix for South Korea Entry Decision with Identical Cost Structures From the data presented in the reading calculate using the following table to arrive the figures given in Exhibits 4, 5 and 6. SI. No. Particulars Value Sales Units 2 Price in $ 3 Sales value (in $) 4 Fixed cost (in $) 5 Unit variable cost (in $) 6 Total variable cost in ($) 7 Pay off/ profit (in $) Is your decision justified
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