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### Question

1.      Market research has determined the following changes in market shares based on the different combinations of music choices for the two clubs: if both clubs play country, the new club (Club 1) does very well with a 24% increase in market share.  If Club 1 plays country and the competing club (Club 2) plays rock, Club 2 gets a 12% increase in market share.  If these choices are reversed, Club 2 does even better and gets an 18% increase in the market share.  Lastly, if both clubs play rock, Club 1 does better and gets a 6% increase in market share.  This results in the following payoff matrix:

 Club 2 Club 1 Country Rock Country (24, -24) (-12, 12) Rock (-18, 18) (6, -6)

Use this payoff matrix to determine if there are dominant strategies for either player.  Find any Nash equilibrium points.  Show all of your work

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Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

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### Management

An export-importing shipping company operates a general cargo carrier service between Melbourne and other Asian ports. It hauls two major types of freight: manufactured items (submarket 1) and semi-manufactured raw materials (submarket 2). The demand function for manufactured items is given by: - 2 ...

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### MM255 Business Math and Statistical Measures

Task: Social media marketing is conceptualized as a powerful tool and a platform that numerous businesses register an excellent performance. Most successful prospects and decisions regarding the management and marketing of businesses are presented to the public domain through the social media pla ...

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