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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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"When ClubCorp had an attrition problem, they hired a market research company to get to the bottom of things. What two things di
lara [203]
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5 0
3 years ago
Dejarnette Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hour
seropon [69]

Answer:

Predetermined manufacturing overhead rate= $8.3 per machine hour

Explanation:

Giving the following information:

Total machine-hours 80,000

Total fixed manufacturing overhead cost $416,000

Variable manufacturing overhead per machine-hour $ 3.10

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (416,000/80,000) + 3.1

Predetermined manufacturing overhead rate= $8.3 per machine hour

8 0
4 years ago
Myriad Solutions, Inc. issued 12% bonds, dated January 1, with a face amount of $420 million on January 1, 2021, for $375,505,45
faust18 [17]

Calculation

Period   Cash Interest   Bond Interest    Discount     Carrying  

 End          paid            Expense         Amortization     Value

 01-Jan-21                                                            $375,505,452            

30-Jun-21 $25,200,000 $26,285,38 $1,085,382 $376,590,834

1-Dec-21 $25,200,000   $26,361,358  $1,161,358  $377,752,192

Total    $50,400,000     $52,646,740

3 0
3 years ago
Read 2 more answers
Identify each account as asset​ (a), liability​ (l), or equity​ (e).
posledela

Identify each account as Asset (A), Liability (L), or Equity (E)

A. Accounts Payable - liability

B. Cash - asset

C. Owners Capital- Equity

D. Accounts Receivable- asset

E. Rent Expenses - equity

F. Service Revenue - equity

G. Office Supplies - asset

H. Owners Withdrawal - equity

I. Land -asset

J. Salaries Expenses -equity

<span> </span>

4 0
3 years ago
Curtis was recently laid off and was given severance pay on the condition that he agreed not to criticize the organization publi
Luda [366]

This is an example of a non-disparagement agreement.

<h3><u>What is a non-disparagement agreement?</u></h3>

A part of an agreement, such as an employment contract, separation agreement, or marital settlement agreement, stipulates that the involved parties are prohibited from making any negative statements, remarks, or representations about each other. Such clauses are in prevalent use to prevent (ex) employees from adversely affecting the business of employers with disparaging public statements either during or after the employment period has ended.

<h3><u>What Takes Place If a Non-Disparagement Clause Is Broken?</u></h3>

A non-disparagement agreement is still a contract with potential legal repercussions if you don't uphold your half of the bargain, just like any other legal instrument. A breach of a non-disparagement agreement typically has financial repercussions. You might be required to repay all or a portion of your severance pay if non-disparagement was a requirement for you to receive it, depending on the terms of the agreement.

Learn more about the non-disparagement agreement with the help of the given link:

brainly.com/question/14592097?referrer=searchResults

#SPJ4

4 0
2 years ago
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