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Majority of the Work is already done for Case 3. Calculations and some of questions 1 and 2 will uploaded. Just please add 3 sources for each assignment and the finishing touches to make it better for case study. Use at least one source from Background.<\/p>\n
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For SLP, it needs to be minimum of 3 pages<\/p>\n
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As always, make sure to thoroughly review the required background materials before starting the assignments. The assignment questions will require you to do some calculations and also apply the concepts from the module. Question 3 differs from previous assignments in that you have to use an online simulation tool; but this activity should be a fun break from the standard numerical problems you have been doing.<\/p>\n
\n Quantity<\/strong><\/p>\n<\/td>\n Price<\/strong><\/p>\n<\/td>\n Fixed Cost<\/strong><\/p>\n<\/td>\n Variable Cost<\/strong><\/p>\n<\/td>\n Total Cost<\/strong><\/p>\n<\/td>\n Marginal Cost<\/strong><\/p>\n<\/td>\n Total Revenue<\/strong><\/p>\n<\/td>\n Profit\/<\/strong><\/p>\n Loss<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n\n 0<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n –<\/p>\n<\/td>\n –<\/p>\n<\/td>\n 1<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $140<\/p>\n<\/td>\n 2<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $240<\/p>\n<\/td>\n 3<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $320<\/p>\n<\/td>\n 4<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $410<\/p>\n<\/td>\n 5<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $520<\/p>\n<\/td>\n 6<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $650<\/p>\n<\/td>\n 7<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $810<\/p>\n<\/td>\n 8<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $1,010<\/p>\n<\/td>\n 9<\/strong><\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $1,310<\/p>\n<\/td>\n <\/strong><\/p>\n<\/td>\n<\/tr>\n 10<\/p>\n<\/td>\n 150<\/p>\n<\/td>\n 200<\/p>\n<\/td>\n $1,710<\/p>\n<\/td>\n <\/strong><\/p>\n Go to the following webpage and test out some of your potential price strategies: <\/a>The strategy \u201cdefect\u201d indicates lowering your prices. The strategy \u201ccooperate\u201d means keep prices the same. Try out different strategies, such as cooperating all the time or defecting sometimes. There are five different rounds of this game, each with a competitor with different personalities and different strategies. Play all five rounds and experiment with different strategic approaches. Report your scores for each round, and discuss which strategies seemed to work the best for you.<\/li>\n<\/ol>\n<\/li>\n<\/ol>\n |