{% load otree_tags staticfiles %}

<div class="instructions well well-lg">

 
<style type="text/css">
    ul {
        list-style-type:circle;
        padding-left:20px;
    }
    h3.panel-sub-heading {
        padding-bottom:10px;
        padding-left:4px;
    }
</style>

<div class="well well-lg" style="padding-top:5px; padding-bottom:15px; margin-top:20px;">

    <h3 class="panel-sub-heading">
        Instructions
    </h3>

    <p>
        You are one of <strong>{{number_players}}</strong> players.
        Each of you will represent a firm. All firms manufacture the same product.
    </p>

    <p>
        All of you decide simultaneously and independently how many units to manufacture.
        Your choices can be any number from 0 to <strong>{{ max_units_per_player }}</strong>
        Everything produced has a marginal cost of <strong>{{ marginal_cost }}</strong>.
        All produced units will be sold, but the more is produced, the lower the unit selling price will be.
    </p>


    <p>
        The unit selling price is:
    </p>

    <ul>
        <strong>Unit selling price = {{ total_capacity }} – Units produced by your firm – (2/{{ number_players }})× sum of all units produced by the other firms</strong>
    </ul>

    <p>
        Your profit, measured in points, is therefore:
    </p>

    <ul>
        <strong>Your profit = (Unit selling price - {{ marginal_cost }}) × Units produced by your firm</strong>
    </ul>

    <p>
        For your convenience, these instructions will remain available to you on all subsequent screens of this experiment.
    </p>

</div>