(a)
The payoff matrix with entries in thousands dollars for the game corresponding to a smuggler’s strategy if a rumrunner smuggle rum into a country having two ports where the coast guard patrols one port each day. If the rumrunner enters through unpatrolled port, he sells his rum at a profit of
(b)
To calculate: The optimal strategy for the rumrunner for the game corresponding to a smuggler’s strategy if a rumrunner smuggle rum into a country having two ports where the coast guard patrols one port each day. If the rumrunner enters through unpatrolled port, he sells his rum at a profit of
(c)
To calculate: The optimal strategy for the coast guard for the game corresponding to a smuggler’s strategy if a rumrunner smuggle rum into a country having two ports where the coast guard patrols one port each day. If the rumrunner enters through unpatrolled port, he sells his rum at a profit of
(d)
To calculate: The value of the game corresponding to a smuggler’s strategy if a rumrunner smuggle rum into a country having two ports where the coast guard patrols one port each day. If the rumrunner enters through unpatrolled port, he sells his rum at a profit of
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