The figure shown displays the choices that could be made by two coffee shops: Starbucks and Dunkin' Donuts. Both companies are trying to decide whether or not to expand into a new area. The area can only handle one coffee shop's expansion, and the expansion of one shop will cause the other to lose some business. If both coffee shops expand, the market will become saturated and neither will do well. The payoffs for these shops are the additional profits (or losses) they will earn.This game is a version of:
Definitions:
Factors
Elements or conditions that contribute to a particular result or situation; in mathematics, numbers or expressions that multiply to form a product.
Number 12
The whole number that follows 11 and precedes 13, part of the counting order in mathematics.
Exponent
A mathematical notation indicating the number of times a base is multiplied by itself, also known as "power" or "index".
Whole Number
A whole number that is not a fraction or decimal.
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