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aksik [14]
1 year ago
13

Why are many oligopolistic market outcomes conveniently described by a prisoners' dilemma?

Business
1 answer:
Naddika [18.5K]1 year ago
5 0

Oligopolistic market outcomes conveniently described by a prisoners dilemma because the firms can always achieve the outcome that maximizes joint outcomes.

Oligopoly markets are markets dominated by using a small quantity of suppliers. They can be determined in all countries and throughout a wide variety of sectors. a few oligopoly markets are competitive, whilst others are substantially less so, or can at least appear that way.

The possibly final results for a prisoner's catch situation is that both gamers illness  leading to suboptimal outcomes for each. this is also the Nash Equilibrium, a choice-making theorem inside recreation principle that states a player can reap the favored outcome with the aid of now not deviating from their initial method

Learn more about oligopolistic market here:-brainly.com/question/3005866

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SOCIAL RESPONSIBILITY: WHAT IS IT?

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An organization's accountability for the effects of its choices and actions on people, the environment, and society through openness and moral behavior that: contributes to societal well-being and sustainable development, including health reflects an awareness of stakeholder expectations is in accordance with all current laws and international standards of conduct is incorporated across the business and used in partnerships.

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4 0
1 year ago
Allison, a long-time employee at aim corporation is helping william, a new employee; learn the culture of the organization. alli
Dmitrij [34]
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Q: Alison, a long-time employee at AIM Corporation is helping William, a new employee; learn the culture of the organization. Alison is using the _____________ process.

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8 0
3 years ago
Your portfolio consists of $50,000 invested in Stock X and $50,000 invested in Stock Y. Both stocks have return of 15%, betas of
NARA [144]

Answer:

B) Your portfolio has a beta equal to 1.6, and its expected return is 15%

Explanation:

Since the correlation coefficient between both stocks X and Y is zero, when one stock has an expected return a little higher than 15%, the other stock will have an expected return a little lower than 15%, so both variations basically cancel out each other. So the average expected return for both X and Y will be 15%.

7 0
3 years ago
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sasho [114]

Answer:

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5 0
3 years ago
Required Record the following transactions in general journal entry form. Record the event num-ber in the date column. 1. Issued
Anika [276]

Answer:

1.    Cash          $5000 Dr

            Common Stock (at par)         $5000 Cr

2.    Cash          $4000 Dr

            Loan Payable         $4000 Cr

3.    Supplies        $500 Dr

            Account Payables        $500 Cr

4.    Account Receivables        $8000 Dr

            Service Revenue                   $8000 Cr

5.    Salaries Expense           $3900 Dr

            Cash                                   $3900 Cr

6.    Prepaid Rent               $2400 Dr

             Cash                           $2400 Cr

7.    Office Furniture         $3500 Dr

              Account Payable      $3500 Cr

8.   Cash          $1800 Dr

             Unearned Service Revenue      $1800 Cr

9.   Cash          $3000 Dr

            Account Receivables       $3000 Cr

10.  Utilities Expense      $1200 Dr

              Cash                       $1200 Cr  

11.  Dividends            $1000 Dr

              Cash                  $1000 Cr

12.  Certificate of Deposit Receivable       $2000 Dr

              Cash                                                       $2000 Cr

13.  Loan Payable             $1600 Dr

              Cash                          $1600 Cr

14.   Land       $2700 Dr

              Cash        $2700 Cr      

15.  Interest Expense    $400 Dr

             Interest Payable     $400 Cr

16.  Unearned Service Revenue    $1800 Dr

            Service Revenue                     $1800 Cr

17.  Supplies Expense       $400 Dr

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18.  Salaries Expense       $2300 Dr

             Salaries Payable        $2300 Cr

19.  Interest Receivable       $150 Dr

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Explanation:

7 0
3 years ago
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