Question: can you please help with this assignment?they are all one question different parts.Thank you! 4. Dr. Fine and Dr. Feelgood are the only two medical



4. Dr. Fine and Dr. Feelgood are the only two medical doctors offering immediate walk-in medical services in a small rural town. They operate in a two firm oligopoly. Each doctor can charge either a high price or a low price for a standard medical visit. Figure 1 shows their possible profits, based on each doctor's pricing strategy. I Figure 1 Dr Feelgood Low price High price $0 profit $35 profit r F i Low price $45 profit $35 profit $45 profit e $38 profit High price $0 profit $38 profit b. Using the information in Question 4 and Figure 1 above, complete the following table to depict the two-period pricing situation when Dr. Fine always plays "tit-for-tat" and Dr. Feelgood always plays "tit-for-tat." Payoffs Payoffs FIRST Period Charges (high or 'low) Fine Feelgood TOTAL Payoffs SECOND Period Charges (high or low) Fine Feelgood I c. Using the information in Question 4 and Figure 1 above, complete the following table to depict the two period pricing situation when Dr. Feelgood always plays "tit-for-tat" and Dr. Fine always chooses the "low" price. Payoffs Payoffs TOTAL Payoffs FIRST Period Charges (high or low) Fine Feelgood SECOND Period Charges (high or low) Fine Feelgood d. Using the information in Question 4 and Figure 1 above, complete the following table to depict the two period pricing situation when Dr. Feelgood always chooses the "low" price and Dr. Fine always chooses the "low" price. FIRST Period Charges (high or low) Fine Payoffs SECOND Period Charges (high or low) Fine Payoffs TOTAL Payoffs 12 of 12 BU224M4 Feelgood Feelgood e. Using the information in Question 4 and Figure 1 above, complete the following table to depict the two period pricing situation when Dr. Fine always plays "tit-for-tat" and Dr. Feelgood always chooses the "low" price. BU224M4 Feelgood Feelgood e. Using the information in Question 4 and Figure 1 above, complete the following table to depict the two perlod pricing situation when Dr. Fine always plays "tit-for-tat" and Dr. Feelgood always chooses the "low" price. Payoffs FIRST Period Charges (high or low) Fine Feelgood SECOND Period Charges Payoffs (high or low) Fine Feelgood TOTAL Payoffs
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