Jet Cruises Wants to Prevent Easy Sail from Entering the Sailboat

question 61

Multiple Choice

Jet Cruises wants to prevent Easy Sail from entering the sailboat market. The above game tree illustrates the different strategi corresponding payoffs for the two firms. Both Jet Cruises and Easy Sail have the same strategies of advertising (Ad) or not ad (No Ad) . The payoffs represent net profit in millions.
-If Jet Cruises chooses to Ad and Easy Sail then chooses to Ad, Jet Cruises earns million in net profit and Easy Sail earns million.

• A)$4; $3
• B)$10; $2
• C)$2; $4
• D)$5; $2

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Definitions:

AutoNumber

A data type used in databases that automatically generates a unique number for each new record added, often used as a primary key.

Sequential Integers

A series of numbers in which each number increases by a constant value from the one before it.

Navigation Pane

An interface component that guides users in finding their way through various sections or areas within a software application.

Database Tools Tab

A component of database software that provides access to various tools for managing databases, including design, maintenance, and security features.