Question: Case1. 640,000 viewers interested in Sports and 360,000 viewers interested in Economy C2 Sports Economy V3 Sports 32,32 36,64 Economy 64, 36 18,18 Questions:
Case1. 640,000 viewers interested in Sports and 360,000 viewers interested in Economy C2 Sports Economy V3 Sports 32,32 36,64 Economy 64, 36 18,18 Questions: 1. What is the equilibrium of the game? Specify the equilibrium concept (Dominant Strategy Equilibrium, Nash Equilibrium etc.), and then write down the equilibrium outcome. Case2, 680,000 viewers interested in Sports and 320,000 viewers interested in Economy Questions: 2. Describe the payoff matrix in Case2. Specifying the equilibrium concept, and show what the equilibrium is.
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