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Ganezh [65]
3 years ago
11

Suppose player 2 can choose its strategy before player 1, that player 1 observes player 2's choice before making her decision, a

nd that this move structure is known by both players. what outcome would you expect?
Business
1 answer:
Anestetic [448]3 years ago
7 0
The outcome i would expect from this would be player 1 copying player 2 and following player 2 to see what happens after then maybe change his strategy.

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Lawn Chopper Company sells two types of lawn mowers. The first one is a basic lawn mower, which has variable costs of $50 and se
Temka [501]

Answer:

See below

Explanation:

Breakven even point is computed as

= Fixed costs / ( Sales price per unit - Variable costs per unit)

For basic lawn mower, Given that;

Fixed cost = $5,000,000

Sales price per unit = $150

Variable costs per unit = $50

BEP = $500,000 / ($150 - $50)

BEP = $500,000 / $100

BEP = 5,000 units

For Riding tractor, given that;

Fixed costs = $500,000

Sales price per unit = $1,500

Variable cost per unit = $500

BEP = $500,000 / ($1,500 - $500)

BEP = $500,000 / $1,000

BEP = 500 units

It therefore means that 5,000 units of basic Lawn mower must be sold to break even, while 500 units of riding tractor must be sold to break even.

7 0
3 years ago
The model of competitive markets relies on these three core assumptions:
Karolina [17]

Answer:

B. No, no free entry

Explanation:

With a patent granted to one pharmaceutical company to produce and sell an experimental AIDs drug, all doors of free entry and exit have been locked against other pharmaceutical companies.  This implies that one of the major ideals of a competitive market is violated.  Without free entry and exit, there cannot be many sellers, and we cannot discuss about the possibility of firms producing identical products because there is only one drug.

4 0
3 years ago
Several coworkers of yours at the local swimming pool have been taking snacks from the snack bar without paying. This is an exam
GrogVix [38]

This is an example of property deviance. Thus the correct option is (B).

<h3>What is production deviance?</h3>

Production deviance is conduct that formally transgresses the established organizational standards on the minimal standard of quantity and quality of work that must be completed in order to perform one's duties.

The coworkers are wasting the resources of the company and as well as polluting the swimming pool by eating snacks. This is an appropriate example of property deviance.

Thus the correct option is (B).

Learn more about production deviance here:

brainly.com/question/14834521

#SPJ1

8 0
2 years ago
Changes in the national incomes of our trading partners would directly impact our:
laila [671]
The changes would directly impact our Exports.
When the national income of our trading partner increased, the purchasing capabilities that they have would also be increased.
Which means that we could sell a lot more product to that partner (increasing the export)
6 0
3 years ago
What is the quick ratio of a company that has a balance sheet showing cash of $120,000, accounts receivable of $80,000, inventor
Dmitrij [34]

Answer:

the quick ratio is 1.4 times

Explanation:

The computation of the quick ratio is given below:

Quick ratio is

= (Cash + Accounts receivables) ÷Current liabilities

= ($120,000 + $80,000) ÷ $140,000

= 1.4 times

hence, the quick ratio is 1.4 times

The same should be considered and relevant

4 0
3 years ago
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