Restaurant managers are typically:

g Ron and Dena own the only two profit maximizing sandwich shops in town. Both Ron and Dena are trying to decide whether or not

algol13

Remainder part of Question:

Dena

Advertising Don't Advertise

Ron Advertising ($X, $400) ($300, $425)

Don't Advertise ($400, $100) ($350, $Y)

Answer:

Part A. Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Part B. "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

Explanation:

If Dena is desiring to opt to "Advertising", then Ron will only have more pay off in choosing "Don't advertise" if the X is below $400.

On the other hand, if Dena is desiring to opt "Don't Advertise", then Ron will only have more pay off in choosing "Don't advertise" if again X is below $400.

This means that the "Don't Advertise" is a dominant strategy only for Ron if the value of X is below $400.

Similarly, if Ron desires to opt "Advertising", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

On the other hand, if Ron is desiring to opt "Don't Advertise", then Dena will only have more pay off in choosing "Don't advertise" if the value of Y is below $100.

This means that the "Don't advertise" is a dominant strategy only for Dena if the value of Y is below $100.

8 0

3 years ago

For a risk averse person, a. the pleasure of winning $1,000 on a bet exceeds the pain of losing $1,000 on a bet. b. the pain of

kompoz [17]

Answer:

B. the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet.

Explanation:

A risk averse person is an individual or person rather who prefers lower returns with known risk than higher returns with unknown or higher risks. In this case, the individual prioritizes preservation of capital at hand over the potential of a more than average return. In this scenario, for a risk averse individual, the pain of losing $1,000 on a bet exceeds the pleasure of winning $1,000 on a bet based on the high uncertainty attached to winning the $1000 bet.

8 0

3 years ago

AB When considering two mutually exclusive projects, the firm should always select the project whose internal rate of return is

Mnenie [13.5K]

Answer:

False

Explanation:

If an investment project can be repeated, i.e. its life cycle can be extended by reinvesting, the NPV of the project will change.

When considering two mutually exclusive projects, the NPV method should always be considered before the IRR as a means of evaluating which project should be carried out.

3 0

3 years ago

Read 2 more answers

Big Walnut Nut Company has the right to buy back its preferred stock from its preferred stockholders; however, the company will

snow_lady [41]

Answer:

sinking fund provision

Explanation:

Sinking fund provision -

It is the type of fund , where certain amount of money is kept saved which is used to pay for the debt or bond , is referred to as sinking fund provision.

The company issuing the debt is required to pay the debt in the future , where the sinking funds enable to reduce the huge outlay of the revenue.

Hence , from the given scenario of the question, the correct term is sinking fund provision.

5 0

3 years ago

Production occurs at service organizations just as it does at manufacturing organizations. What is the final product called at a

Fantom [35]

Answer:

The correct answer is letter "A": Health care.

Explanation:

The final product is the good or service that is provided to end-consumers after a series of steps the company takes to bring the product to the market. It represents the ultimate reason why consumers attend to a business and why they are willing to acquire a product for.

In the case of hospitals, people go to these medical centers to receive <em>health care</em> regardless of the type of assistance they need.

6 0

3 years ago