PlayStation And Microsoft.docx - Mahham Ayyub BUSN 4200W Professor Carol Connell “PlayStation and Microsoft Xbox” 1 2 You really need to look at

PlayStation And Microsoft.docx - Mahham Ayyub BUSN 4200W...

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Mahham Ayyub BUSN 4200W Professor Carol Connell “PlayStation and Microsoft Xbox” 1. You really need to look at exhibits 1, 2 and 3. 2. Given the information would you predict that Sony or Microsoft would want to reduce console prices by $100. Use a 2 by 2 shot simultaneous game to analyze this situation. Assume Nintendo is just looking in but does not act. The information given in exhibit 1, 2 and 3 in my opinion, I think the company is willing to reduce the price of the console by $100 even though concerning the cost reduction of Sony and Microsoft. Even though the market is controlled by the small companies they might think of themselves in a situation of prisoner’s dilemma. Both the company was hugely affected by the idea of duopoly. Nintendo is the only one which is not affected by the duopoly. 3. Assume that demand curves are all linear. Calculate the own price point elasticities of demand implied by the data at prices of $299 and $399 for both Sony and Microsoft. Are
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  • Fall '17
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