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Suppose that there are only two vehicle dealerships (A and B)in a small city.Each dealership is considering three strategies that are designed to take sales of new vehicles from the other dealership over a period of four months.The strategies,assumed to be the same for both dealerships,are:
Strategy 1: Offer a cash rebate on a new vehicle.
Strategy 2: Offer free optional equipment on a new vehicle.
Strategy 3: Offer a 0% loan on a new vehicle.
The payoff table (in number of new vehicle sales gained per week by Dealership A (or lost by Dealership B)is shown below.
Identify the pure strategy for this two-person zero-sum game.What is the value of the game?
Between
Used to indicate placement or occurrence in the space separating two points, objects, or intervals.
Afferent
Describes nerves or pathways that carry sensory signals from the peripheral organs toward the central nervous system.
Impulses
Electrical or chemical signals transmitted through nerves in the body.
Center
The point that is equally distant from every point on the circumference of a circle or sphere, or the middle point of a given entity or space.
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