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Game Theory and Strategy Assignment Help
Imagine that you own a pharmacy in your area. One of your competitors launches a “We will not be undersold” campaign, which promises consumers 150 % of any difference between its prices and the advertised prices of other pharmacies. In 300 to 400 words address the following:
-Evaluate the social issues in your community as well as the economic culture that is influencing this type of pricing competition.
-Develop and describe a microeconomic model that is responsive to the service demands of your market. Game Theory and Strategy Assignment Help
-Based on your conclusions, how would you react to this situation, and with what business strategy would you approach this?
-How might you apply game theory to the creation of your strategy?
Must use at least two scholarly sources formatted according to APA style.
Imagine that you own a pharmacy in your area. One of your competitors launches a “We will not be undersold” campaign, which promises consumers 150 % of any difference between its prices and the advertised prices of other pharmacies. In 300 to 400 words address the following:
-Evaluate the social issues in your community as well as the economic culture that is influencing this type of pricing competition.
-Develop and describe a microeconomic model that is responsive to the service demands of your market.
-Based on your conclusions, how would you react to this situation, and with what business strategy would you approach this?
-How might you apply game theory to the creation of your strategy?
Must use at least two scholarly sources formatted according to APA style.
Game Theory and Strategy Assignment Help
APA Paper Formatting Basics
- All text should be double-spaced
- Use one-inch margins on all sides
- All paragraphs in the body are indented
- Make sure that the title is centered on the page with your name and school/institution underneath
- Use 12-point font throughout
- All pages should be numbered in the upper right hand corner
- The manual recommends using one space after most punctuation marks
- A shortened version of the title (“running head”) should be placed in the upper left hand corner
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