-Intel and AMD Are a Duopoly That Produce CPU Chips

question 35

Multiple Choice

-Intel and AMD are a duopoly that produce CPU chips.Intel and AMD can conduct R&D or they can not conduct R&D.The table above shows the payoff matrix for the two firms.AMD is playing a tit-for-tat strategy and Intel did not conduct R&D last period.Then,of the following answers,Intel's total profit for the next two periods is the highest if Intel ________ R&D this period and ________ R&D next period.

• A) conducts; conducts
• B) does not conduct; conducts
• C) conducts; does not conduct
• D) does not conduct; does not conduct
• E) conducts; either conducts or does not conduct because the profit is the same in either case

---

Definitions:

Workforce

The collective group of individuals engaged in or available for work, either in a specific organization or in a broader economic system.

Organizational Socialization

is the process through which new employees learn the values, skills, behaviors, and social knowledge necessary for successful integration into an organization.

Role Management

The process of defining, adjusting, and adhering to the roles within an organization to ensure effective functioning and minimize role conflict.

Organizational Socialization

The process by which new employees acquire the necessary knowledge, skills, and behaviors to become effective members of an organization.