you have developed a new computer operating system and are considering whether you should enter the market and compete with microsoft. microsoft has the option of offering their operating system for a high price or a low price. once microsoft selects a price, you will decide whether you want to enter the market or not enter the market. if microsoft charges a high price and you enter, microsoft will earn $30 million and you will earn $10 million. if microsoft charges a high price and you do not enter, microsoft will earn $60 million and you will earn $0. if microsoft charges a low price and you enter, microsoft will earn $20 million and you will lose $5 million. if microsoft charges a low price and you do not enter, microsoft will earn $50 million and you will earn $0. In a simultaneous move game, Microsoft will and you will:___________

Question

08-12-2022
Computers and Technology

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you have developed a new computer operating system and are considering whether you should enter the market and compete with microsoft. microsoft has the option of offering their operating system for a high price or a low price. once microsoft selects a price, you will decide whether you want to enter the market or not enter the market. if microsoft charges a high price and you enter, microsoft will earn $30 million and you will earn $10 million. if microsoft charges a high price and you do not enter, microsoft will earn $60 million and you will earn $0. if microsoft charges a low price and you enter, microsoft will earn $20 million and you will lose $5 million. if microsoft charges a low price and you do not enter, microsoft will earn $50 million and you will earn $0. In a simultaneous move game, Microsoft will and you will:___________

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dgrahatama dgrahatama · Answer 1 · 2022-12-15T13:51:48+01:00

In a simultaneous move game, Microsoft will and you will If Microsoft asks for a higher price, it could be $30 million or $60 million. If the company were to charge the lower price, it would be $20 million or $50 million. The best strategy is to charge a higher price.

What is price market?

Market price is the current price at which an asset or service can be bought or sold. The market price of an asset or service is determined by supply and demand. The market price is the price at which the quantity supplied equals the quantity demanded. Market prices depend on the interaction of supply and demand. Equilibrium price is the balance of demand and supply factors.

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