Above is the payoff matrix for Huggies and Pampers diapers as they employ different advertising expenditure strategies. The first number in each quadrant is the payoff for Huggies and the second number is the payoff for Pampers. a. In what type of market structure do Huggies and Pampers compete? Explain how you know this. b. If Huggies follows an intensive advertising, which advertising strategy is better for Pampers? c. Define the term "dominant strategy." What is the dominant strategy for Huggies? d. Define the term "Nash equilibrium." What is the Nash equilibrium for Huggies and Pampers? Explain.

Ann and jack have been partners for several years. their​ firm, a​ & j tax​ preparation, has been very​ successful, as the pair agree on most​ business-related questions. one​ disagreement, however, concerns the legal form of their business. for the past two​ years, ann has tried to convince jack to incorporate. she believes that there is no downside to incorporating and sees only benefits. jack strongly​ disagrees; he thinks that the business should remain a partnership forever. ​ first, take​ ann's side, and explain the positive side to incorporating the business. ​ next, take​ jack's side, and state the advantages to remaining a partnership. ​ lastly, what information would you want if you were asked to make the decision for ann and​ jack? which of the following statements are the advantages of a partnership compared to a​ corporation? ​(choose all that​ apply.) a. less expensive to organize. b. ownership is readily transferable. c. lower income taxes. d. owners have limited liability. e. long life of firm.