Problem set in Managerial Economics

Problem set

–

10

Your

family

business

produces

a

secret

recipe

salsa

and

distributes

it

through

both

smaller

specialt

y

stores

and

chain

supermarkets.

The

chains

have

been

demanding

sizable

discounts

but

you

do

not

want

to

drop

your

prices

to

the

specialty

stores.

When

can

you

legally

accommodate

the

chains

without

losing

profits

from

the

specialty

stores?

The

assignment

is

to

answer

the

question

provided

above

in

essay

form.

This

is

to

be

in

narrative

form.

Bullet

points

should

not

to

be

used.

The

paper

should

be

at

least

1.5

-

2

pages

in

length,

Times

New

Roman

12

-

pt

font,

double

-

spaced,

1

inch

margins

and

utilizing

at

least

one

outside

scholarly

or

professional

source

related

to

organizational

behavior.

This

does

not

mean

blogs

or

websites.

This

source

should

be

a

published

article

in

a

scholarly

journal.

This

source

should

provide

substance

and

not

just

be

mentioned

br

iefly

to

fulfill

this

criteria.

The

textbook

should

also

be

utilized.

Do

not

use

quotes.

Do

not

insert

excess

line

spacing.

APA

formatting

and

citation

should

be

used.

P

roblem set

–

11

Describe

some

interaction

your

company

has

with

another

entity

(firms

producing

complementary

or

substitute

products,

upstream

suppliers,

or

downstream

customers),

or

between

internal

divisions

within

your

firm

that

can

be

described

as

a

sequential

or

simu

ltaneous

game.

Diagram

the

strategies,

players,

and

compute

payoffs

as

best

you

can.

Compute

the

Nash

equilibria.

What

can

you

do

to

change

the

rules

of

the

game

to

your

advantage?

Compute

the

profit

consequences

of

your

advice.

The

assignment

is

to

answer

the

question

provided

above

in

essay

form.

This

is

to

be

in

narrative

form.

Bullet

points

should

not

to

be

used.

The

paper

should

be

at

least

1.5

-

2

pages

in

length,

Times

New

Roman

12

-

pt

font,

double

-

spaced,

1

inch

margins

and

utilizing

at

least

one

out

side

scholarly

or

professional

source

related

to

organizational

behavior.

This

does

not

mean

blogs

or

websites.

This

source

should

be

a

published

article

in

a

scholarly

journal.

This

source

should

provide

substance

and

not

just

be

mentioned

briefly

to

fulf

ill

this

criteria.

The

textbook

should

also

be

utilized.

Do

not

use

quotes.

Do

not

insert

excess

line

spacing.

APA

formatting

and

citation

should

be

used.

Problem set – 10

Your family business produces a secret recipe salsa and distributes it through

both smaller specialty stores and chain supermarkets. The chains have been

demanding sizable discounts but you do not want to drop your prices to the

specialty stores. When can you legally accommodate the chains without losing

profits from the specialty stores?

The assignment is to answer the question provided above in essay form. This is to be

in narrative form. Bullet points should not to be used. The paper should be at least

1.5 - 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins

and utilizing at least one outside scholarly or professional source related to

organizational behavior. This does not mean blogs or websites. This source should

be a published article in a scholarly journal. This source should provide substance

and not just be mentioned briefly to fulfill this criteria. The textbook should also be

utilized. Do not use quotes. Do not insert excess line spacing. APA formatting and

citation should be used.

Problem set – 11

Describe some interaction your company has with another entity (firms producing

complementary or substitute products, upstream suppliers, or downstream customers),

or between internal divisions within your firm that can be described as a sequential or

simultaneous game. Diagram the strategies, players, and compute payoffs as best you

can. Compute the Nash equilibria. What can you do to change the rules of the game to

your advantage? Compute the profit consequences of your advice.

The assignment is to answer the question provided above in essay form. This is to be

in narrative form. Bullet points should not to be used. The paper should be at least 1.5

- 2 pages in length, Times New Roman 12-pt font, double-spaced, 1 inch margins and

utilizing at least one outside scholarly or professional source related to

organizational behavior. This does not mean blogs or websites. This source should be

a published article in a scholarly journal. This source should provide substance and

not just be mentioned briefly to fulfill this criteria. The textbook should also be

utilized. Do not use quotes. Do not insert excess line spacing. APA formatting and

citation should be used.