Answer:
the correct answer is the option D: neither firm has a dominant strategy
Explanation:
To begin with, if both firms decides to add pizza to their menu then they both will be competing with that new item in the market and therefore that none of them will be dominant due to the fact that both are now producing and selling the good. Moreover, it is not a nash equilibrium due to the fact that it is not stated if the players know the other one strategy and even though that the best strategy to take in order to establish one's dominance is to add pizza to the menu, what happens here is that both take that strategy making it in a situation where both tried their best to improve their situation and ended up using the same strategy.
Answer:
Leading/Leadership
Explanation:
Leadership inspires, influences and motivates people to work towards a goal and achieve it.
Answer:
B. Environmental.
Explanation:
Similarly as environmental uncertainty impacts the design if an organization's structure, it is likewise impacts feelings of anxiety among employees in that organization.
Answer:
One thing to clear ab initio is that equilibrium quantity and price are achieved when the demand and supply curves intersect at a point. Therefore, at equilibrium, the demand and supply in quantity are equal.
a) If a technological improvement reduces the cost of product, the equilibrium price will reduce and equilibrium quantity will be equal to the quantity demanded and supplied.
b) If there is a reduction in the number of sellers, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
c) If there is a tax levied on the sellers of apps, the equilibrium price will increase and the equilibrium quantity will be equal to the quantity demanded and supplied.
Explanation:
a) The market is in equilibrium when the supply and demand curves intersect, meaning that the quantity demanded and quantity supplied are equal. The price and quantity at which this intersection occurs are called the equilibrium price and equilibrium quantity respectively. In economics, when quantity supplied equals quantity demanded, an equilibrium situation is achieved, and it is represented by this equation: Qs = Qd; where Qs is quantity supplied and Qd is quantity demanded.
b) Equilibrium price reduces when there is a cost reduction and more supplies are pushed to the market to meet demand.
c) When suppliers leave the market, it means that the market price and demand are no longer attractive and beyond their individual influence. This leads to a reduction in quantity supplied overall.
d) Sales tax increases the price of goods and services, and equilibrium will be achieved when there consumers demand the product with increased price and sellers are willing to produce and sell at such a price.
Albertson's grocery planned a big sale on apples and received 910 crates from the wholesale market. The bags of apples prepared is mathematically given as
x= 8 bags
This is further explained below.
<h3>How many bags of apples can be prepared?</h3>
Generally, A economy is a place where customers can meet to allow the flow of money transfer of goods and services. Markets can be physiological like a retail establishment, or virtual like an e-retailer.
In conclusion, If Albertsons has no loss to perishables, the bags of apples he can prepare are given mathematically as
x=910/110
x= 8.2 bags
x ≈ 8bags
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