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3 years ago

When goodyear increases its production when michelin reduces its production, goodyear is playing a

Business

2 answers:

hram777 [196]3 years ago

8 0

Answer:

A. Non- cooperative game

Explanation:

Goodyear is playing a non-cooperative game.

A non-cooperative game is a game with competition between individual players, as opposed to cooperative games, and in which alliances can only operate if self-enforcing

Dmitry_Shevchenko [17]3 years ago

8 0

Answer: The correct answer is a) non-cooperative games.

Explanation: Non-Cooperative Games refer to the games in which the players decide on their own strategy to maximize their profit. Here, individual players do not cooperate and each form its own strategy.

Goodyear taking advantage of the reduction in production by Michelin is a good example of non-cooperative games.

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3241004551 [841]

Answer:

you want me to do a whole project?!

Explanation:

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3 years ago

Read 2 more answers

Firm A has 11 equally risky capital budgeting projects, each costing $29.608 million and each having an expected rate of return

Vanyuwa [196]

Answer:

How much capital should Firm A raise and invest?

$296.08 million should be raised and invested in projects.

Explanation:

WACC = 8% when A's retained earnings breakeven point = $296.08 million

Expected rate of return = 8.25%

WACC is less than expected rate of return.

Therefore, WACC is less than expected rate of return, which is beneficial, since cost of capital is less than expected rate of return.

therefore, $296.08 million should be raised.

If the firm A raises, more than $296.08 million, WACC would be increasing to 8.5%, this is greater than the expected rate of return i.e. 8.25%.

Hence raising amount more than $296.08 million will not be beneficial.

Hence it is clear that amount which should be raised and invested =$296.08 million.

Investment required in one project=$29.608 million.

Number of projects which can be started =$296.08/$29.608 =10 projects

All are equally risky therefore it does not matter which project should be left.

Hence, $296.08 million should be raised and invested in projects.

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3 years ago

What can be a consequence if a business violates governmental regulations

VMariaS [17]

The license of the business could be revoked

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3 years ago

Brenden Corp. manufactures products at the lowest cost possible. It strives to keep its manufacturing costs low and its product

Rama09 [41]

Given the above information, the statement that is true is that Brenden Corp focuses on efficiency at the expense of effectiveness.

<h3>What is manufacturing cost?</h3>

Manufacturing cost comprises totality of all cost that is used in production. It includes all costs necessary to get a finished product from raw materials.

Manufacturing costs consist of the following:

Cost of the raw materials
The workers' wages
Consumables like water and lubricants, machine depreciation, factory expenses

With regards to the above, the company tends to focus more on efficiency at the expense of effectiveness by keeping manufacturing costs low which make its product prices competitive.

Learn more about manufacturing cost here: brainly.com/question/8873972

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2 years ago

you are about to borrow $10 000 from a bank at an interese rate of 10% compounded annually. you are required to make five equal

pshichka [43]

Answer:

Loan amortization schedule is attached with this answer in PDF format please, find it.

Explanation:

Loan payments, includes the payment of interest and principal as well. The interest is calculated for the period opening balance of loan and the residual amount of loan payment is settled against the lease amount.

Download pdf

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3 years ago

When goodyear increases its production when michelin reduces its​ production, goodyear is playing a

When goodyear increases its production when michelin reduces its production, goodyear is playing a