Refer to the weighted voting system
and the Shapley-Shubik definition of power. (The three players are P1, P2, and P3.)The Shapley-Shubik power distribution of the weighted voting system is
A. P1: ; P2:
; P3: 0.
B. P1: ; P2:
; P3:
.
C. P1: ; P2:
; P3:
.
D. P1: ; P2:
; P3:
.
E. none of these
Answer: C
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A.
B.
C.
D.
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Under what circumstances will both manufacturers make the same revenue?
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