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vazorg [7]
1 year ago
11

A situation in which each firm chooses the best strategy given the strategies chosen by other firms is called a.

Business
1 answer:
Trava [24]1 year ago
4 0

Answer:

A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.

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Definition of Accrual Basis of Accounting
Oksanka [162]

Answer:

Under the accrual basis of accounting (or accrual method of accounting), revenues are reported on the income statement when they are earned. When the revenues are earned but cash is not received, the asset accounts receivable will be recorded.

3 0
2 years ago
Disclosure notes to a company's financial statements:
puteri [66]

Answer:

(A) Are an integral part of a company's financial statements.

Explanation:

The company financial statement involves income statement, statement of stockholder equity, balance sheet, and the cash flow statement

The disclosure notes contain the important facts and figures which are required to disclose it as it reveals the crucial information which might change the decision of the users and it cannot be shown elsewhere in the financial statement

4 0
3 years ago
When a company services the broad market and has a low degree of product differentiation, it is most likely Group of answer choi
denis23 [38]

When a company services the broad market and has a low degree of product differentiation, it is most likely pursuing a cost-leadership strategy.

<h3>What is Cost Leadership?</h3>

Cost leadership is a term used when a company projects itself as the cheapest manufacturer or provider of a particular product or commodity in a competition. It is difficult to deploy the strategy because the management must constantly work on reducing cost at every level to remain competitive.

Cost leadership is a part of marketing strategy. Although, it is highly effective in gaining market share as well as drawing the customers' attention, it is difficult to deploy. The management team of the company has to constantly work towards reducing the cost of not just one product, but the entire range of products in the company's portfolio.

<h3>What Is Cost Leadership Strategy?</h3>

Cost leadership is a business-level strategy employed by companies who wish to gain a competitive advantage by being the lowest-cost producer of a service, production process, or commodity.

Therefore, we can conclude that the correct option is it is most likely pursuing a cost-leadership strategy.

Learn more about Cost Leadership Strategy on:

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4 0
1 year ago
Which of the following situations leads to an unplanned increase in inventories of $2.0 trillion? A. real GDP = $5.0 trillion an
timama [110]

Answer: C. real GDP = $6.0 trillion and aggregate planned expenditures = $4.0 trillion

Explanation:

Unplanned Inventory arises when Real GDP is larger than Planned Expenditure because it must satisfy the below formula,

Real GDP = Planned + Unplanned expenditure

For Option C,

Real GDP = 6.0 trillion,

Planned expenditure = 4.0 trillion

Unplanned Expenditure = Real GDP - Planned Expenditure

= $6.0 trillion - $4.0 trillion

= $2.0 trillion

Therefore Option C is correct as it led to a $2.0 trillion increase in Expenditure which translates to inventory.

5 0
3 years ago
in planning her retirement liza deposits some money at 3% interest, with twice as much deposited at 4.5%. find the amount deposi
jasenka [17]

If in planning her retirement liza deposits some money at 3% interest, with twice as much deposited at 4.5%. The amount deposited at each of the total annual interest is: $14,000 is invested at 4% and $28,000 is invested at 4.5%.

<h3>Amount deposited</h3>

Let x represent amount deposited at 3%

Let 2x represent the amount deposited at 4.5%

Hence:

.03x + .045(2x) = $1680

.12x = $1680

Divide both side by .12x

x=$1680/.12

x = $14,000 at 3%

So,

2x= $14,000

x=2×14,000

x=$28,000 at 4.5%

Therefore the amount deposited at each of the total annual interest is: $14,000 is invested at 4% and $28,000 is invested at 4.5%.

Learn more about the amount deposited here:

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8 0
1 year ago
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