Techcorp manufactures mobile devices (smartphones and tablets). The company is considering launching a new phone. Techcorp can choose to launch a flagship phone, to launch a budget phone, or to have no launch. Techcorp's main rival is Microbiz. If Techcorp launches a new phone, Microbiz can respond with a large advertising campaign, with a small advertising campaign, or with no campaign at all. This sequential moves game is illustrated in the figure above. On each branch of the game tree, the first listed payoff belongs to Techcorp, and the second listed payoff belongs to Microbiz. Use the information provided to answer the following questions: The sequence of actions [ Select ] ["(flagship, large campaign)", "(flagship, small campaign)", "(flagship, no campaign)", "(budget, large campaign)", "(budget, small campaign)", "(budget, no campaign)", "(no launch)"] delivers Techcorp the highest profit. If Techcorp launches a flagship smartphone, Microcorp's best-response is [ Select ] ["a large advertising campaign", "a small advertising campaign", "no advertising campaign"] . If Techcorp launches a budget smartphone, Microcorp's best-response is [ Select ] ["a large advertising campaign", "a small advertising campaign", "no advertising campaign"] . Using backward-induction, we would expect the outcome of the game to be [ Select ] ["(flagship, large campaign)", "(flagship, small campaign)", "(flagship, no campaign)", "(budget, large campaign)", "(budget, small campaign)", "(budget, no campaign)", "(no launch)"] . 多重下拉选择题

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