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3 years ago

12

According to research on marital satisfaction in couples with children, the shape of the marital satisfaction curve across time

is steadily increasing. steadily decreasing. increasing, then decreasing. decreasing, then increasing.

1 answer:

Art [367]3 years ago

6 0

Increasing then decreasing.

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Suppose there are only two firms that sell smart phones, Flashfone and Pictech. The following payoff matrix shows the profit (in

o-na [289]

Answer:

The question is based on the economics theory named the game theory. Economists frequently use it to analyze the outcomes for adversary firms.

Explanation:

To solve this problem we need to pay attention to the best outcome for each firm given the choices of the other firm. So, when Pictech chooses a higher price, Flashfone should choose between a high or low price. The firms must keep choosing until they run out of options.

To have a dominant strategy, the firms should always choose a low price.

Based on the game theory:

If Flashfone prices high, Pictech will make more profit if it chooses a (high,low) __low___ price, and if Flashfone prices low, Pictech will make more profit if it chooses a(high,low)____low___ price.

If Pictech prices high, Flashfone will make more profit if it chooses a(high,low)_____low_price, and if Pictech prices low, Flashfone will make more profit if it chooses a (high,low) ___low___ price.

Considering all of the information given, pricing high (is, is not) __is not____ a dominant strategy for both Flashfone and Pictech.

They will end up choosing the low price strategy. Both Flashfone and Pictech will choose a low price.

The answer is true, because the prisioner's dilema is a game were both parties know that the outcome can be worse for both. So they rather play in a way that is better for their interests. In the firms' case, they could have choose higher prices, but they didn't because each of them intented to charge a lower price and outsell the other firm. Meaning that, the one with the lower price, would sell more smartphones.

8 0

4 years ago

Identify two acts that Tumi Manufacturers complies with. Motivate your answer by quoting from the case study above

11111nata11111 [884]

Two acts that the TUMI manufacturers comply with are:

Environmental regulations
labor and employment act

<h3>The corporate responsibility of this organization</h3>

As a result of the corporate responsibility of this business group, they are known to respect environmental laws.

This law requires them to avoid the use of chemicals and substances that are harmful to the environment.

Also the business has to comply with laws that concerns labor and employment.

Read more on corporate social responsibility here:

brainly.com/question/1373962

8 0

3 years ago

Squirrel tree services reports the following amounts on december 31, 2021.Assets Liabilities and Stockholders’ EquityCash $9,500

fiasKO [112]

Answer and Explanation:

1. The preparation of the balance sheet is presented below:

<u> Squirrel tree services</u>

<u> Balance sheet</u>

<u> For the year ended December, 31, 2021</u>

<u>Liabilities Amount Assets Amount </u>

<u>and stockholder equity</u>

Liabilities

Account payable $15,100 Cash $9,500

Salaries payable $5,300 Supplies $3,600

Note payable $38,000 Prepaid insurance $5,300

Total liabilities $58,400 Building $90,000

Equity

Common stock $40,000

Retained earnings $10,000

Total equity $50,000

Total liabilities & equity $108,400 Total assets $108,400

2. The preparation of the cash flow statement is presented below:

<u> Squirrel tree services</u>

<u> Cash flow statement</u>

<u> For the year ended December, 31, 2021</u>

Particulars Amount ($) Amount ($)

Cash flow from operating activities-

Cash inflows customers 96,000

Cash outflows salaries (40,000)

Cash outflows supplies (22,000)

Net Cash flow from operating activities (A) 34,000

Cash flow from investing activities-

Sale of investments 35,800

Purchase of building (98,000)

Net Cash flow from investing activities (B) (62,200)

Cash flow from financing activities

Borrowed from bank 38,000

Dividends (15,500)

Net Cash flow from financing activities (C) 22,500

Net increase in cash (A+B+C) (5,700)

Add: Cash at beginning of year 15,200

Cash at end of year 9,500

7 0

4 years ago

Art teacher Monica earns time and a half for the number of hours she works over 40 hours. One week she worked 48 hours. How many

attashe74 [19]

Answer:

8 hours

Explanation:

Here, we want to know the number of overtime hours worked.

From the question, we are told that the pay is slightly different and higher if she worked for some hours over 40 hours

What this means is that the regular number of hours is 40; then the number of hours in this case 8 over 40 is her over time

3 0

3 years ago

On January 2, 2018, Miller Properties paid $19 million for 1 million shares of Marlon Company’s 6 million outstanding common sha

Stels [109]

Answer:

Cost Method

Explanation:

1. When considering whether to account for its investment in Marlon under the equity method, Miller’s management should apply 'Cost Method' because 'equity accounting method' is should only be used when the company has a significant interest in Marlon which is assumed to be 20% of its shareholding.

2. If we assume the use of equity method then.

investment to be reported in its 2018:

A. Income statement : This will be a single line to show the '<u>share of associate's profit</u>' which is derived by multiplying the percentage ownweship by the investee's profit amount: 16.67%* 12 = $2million

B. Balance sheet : This will show the carrying value of the investment under long term assets, after fixed assets before current assets. The value will be:

1. The purchase consideration of $19m

(+)

2. The share of associate's profit of $2m

(-)

3. The amount of dividends received of $6m

Therefore the carrying value of the investment in the balance sheet will be $15 million

C. Statement of cash flows: The statement of cashflows will only show the receipt of cash for the dividend of $6million from Marlon, in the 'investing activities' section, as an inflow.

4 0

3 years ago