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You are the manager of 3 D Designs - a large imaging company that does graphics and Web design work for companies. You and your
You are the manager of D Designsa large imaging company that does graphics and Web design work for companies. You and your only competitor are contemplating the purchase of a new D imaging device. If only one of you acquires the device, that firm will earn profits of $ million and the other firm will lose $ million. Unfortunately, there is only one D imaging device in the world, and additional devices will not be available for the foreseeable future. Recognizing this fact, an opportunistic salesperson for the company that makes this device calls you. She indicates that, for an additional upfront payment of $ million not included in the above figures her firm will deliver the device to your company's premises tomorrow. Otherwise, she'll call your competitor and offer the same deal.
Should you accept or decline her offer?
Decline
Accept
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