Question: need help with the problem below Location A company needs 4 inputs from three different location I1, Iz, Is, and 4 (see chart). It sells
need help with the problem below

Location A company needs 4 inputs from three different location I1, Iz, Is, and 4 (see chart). It sells its product at Market M. M=30 12=10 I3=20 14=30 (14) With the provided monetary weights, where is the Nash Equilibrium? (2 pts) (a) between I, and Is (b) between M and I (c ) at I (d) none of the above (15) If the output can be shipped at no cost, where is the Nash Equilibrium now? (2 pts) (@) between I, and I (b) at M (c ) at L (d) none of the above
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
