3 years ago

Jan pay $70 each month for her auto insurance policy. This regular payment is call a

Business

1 answer:

Svetach [21]3 years ago

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Monthly payment because she pays it every 30 days

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Does Firm A have a dominant strategy? The dominant strategy for Firm A is a low price. No, there is no dominant strategy for Fi

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Answer:

Explanation:

I will give a basic hint to understanding this problem

Prevailing technique or what is best known as "Dominant Strategy" is an activity profile that is best for a specific player review of what different players are picking. for this situation there is no prevailing procedure for any player on the grounds that there is no single activity profile that expands the result for any player.

So we can say from this observations that the following is valid;

A doesn't have a dominant strategy

B doesn't have a dominant strategy

There are two Nash equilibria for this situation. Both the organizations are charging a low cost and both the organizations are charging a significant expense.

As such they can augment their benefit given what the adversary is doing.

I hope this explains the observation seen.

cheers I hope this helps

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3 years ago

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Explanation:

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Strait Co. manufactures office furniture. During the most productive month of the year, 3,300 desks were manufactured at a total

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Answer:

Using the high-low method of cost estimation, total fixed costs are $47,020

Explanation:

Cost at highest level of activity = $82,000.00

Cost at Lowest level of activity = $59,000.00

Highest level of activity = 3,300

Lowest Level of activity = 1,130

Variable cost per unit = $(82,000 - 59,000) ÷ (3,300 -1,130)

Variable cost per unit = $23,000 ÷ 2,170

Variable cost per unit = $10.60

Fixed Costs = $82,000 - (3,300 × 10.60)

Fixed Costs = $47,020

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After setting the pricing objective, the next step in Amy's price-setting process is to:_______. a) monitor the effectiveness of

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Answer: Evaluate demand

After setting the pricing objective, the next step in Amy's price-setting process is to evaluate demand

Explanation:

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3 years ago