Consider the souffl bakers Gaston and Pierre, described in Problem 3. Suppose Gaston and Pierre are each

Consider the soufflé bakers Gaston and Pierre, described in Problem 3. Suppose Gaston and Pierre are each faced with the choice of baking 3 or 4 soufflés each morning.

a. Calculate the profits each would earn based on the decision each makes. Insert those numbers into the table below, with Gaston’s number on the left and Pierre’s on the right.

		Pierre
		Bake 4 Soufflés	Bake 3 Soufflés
Gaston	Bake 4 Soufflés	_______,  _______	_______, _______
	Bake 3 Soufflés	_______,  _______	_______, _______

b. Explain how the profits Gaston earns are conditional on the decision Pierre makes.

c. Draw parallels between this problem and the advertising game Disney and Warner Brothers play in Table 11.1.