Question: I enjoyed learning about the agency+scale+transaction cost issues y'all have experienced. I thought maybe I'd return the favor. Since you are a customer, I assume

I enjoyed learning about the agency+scale+transaction cost issues y'all have experienced. I thought maybe I'd return the favor. Since you are a customer, I assume you have some user-knowledge of the MBA and graduate business education industry. Let's formalize that knowledge. (Note that these same questions could be asked of any not-for-profit organization trying to pay its bills.) a. Would you expect Cournot or Bertrand competition within the MBA industry? Explain. b. How should an MBA-producing firm in Little Rock position itselfwith a benefit offer or a cost position? Might help to read the next question before answering this question. c. How has UA Little Rock positioned itself in the MBA market--and what is the source/driver/motivation of that position? d. UA Little Rock is planning its tuition+fee rates for next year. This decision is interdependent with our competitors, which means it is game time. Consider the game below (the first number is the profit for UA Little Rock)

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