- When deciding how to use resources, you need to evaluate the costs and benefits of each

Which statement below is FALSE? A. Mintzberg's notion of "crafting" strategies embodies the artistic model, which suggests t

OlgaM077 [116]

Answer:

D

Explanation:

3 0

3 years ago

When consumers buy _____ products, then producers make _____ goods and services. This can lead to economic growth.

d1i1m1o1n [39]

More shall be written in both lines

7 0

3 years ago

Equipment that cost $875,000 and had a book value of $390,000 was sold for $450,000. Data from the comparative balance sheets ar

Archy [21]

Answer:

a. $1,400,000.

Explanation:

Find the attachment

4 0

3 years ago

Terms of a lease agreement and related facts were:

Feliz [49]

Answer:

1) January 1, 2018, asset leased

Dr Lease receivable 550,000

Cr Equipment 550,000

January 1, incremental costs associated with lease transaction

Dr Lease receivable 6,652

Cr Cash 6,652

January 1, 2018, first lease payment collected

Dr Cash 200,000

Cr Lease receivable 200,000

2) to calculate the effective rate we can use the present value of an annuity due formula

PV annuity due factor, 3 periods, ?% = present value of lease receivable / annual payment = $556,652 / $200,000 = 2.78326

Now we must use an annuity due table to determine a possible rate. In this case, the exact rate is 8%.

3) December 31, 2018, interest receivable on lease contract

Dr Interest receivable 28,532

Cr Interest revenue 28,532

interest receivable = ($556,652 / $200,000) x 8% = $28,532

5 0

3 years ago

Two manufacturers, denoted 1 and 2, are competing for 100 identical customers. Each manufacturer chooses both the price and qual

nataly862011 [7]

Answer:

Nash equilibrium will occur at the following conditions P1 = P2 = 10 and x1 = x2 = 0.

Explanation:

The term or concept known as the Nash equilibria is very important and it is often used in the determination of the kind of price strategies companies that are competing against one another will use in order to acquire more customers than the others.

So, in this question/problem we are given that there are two manufacturer that is manufacturer 1 and manufacturer 2. Also, the total number of customers both manufacturers are competing for is equal to 100.

Kindly note that we are given from the question that ''Each manufacturer chooses both the price and quality of its product, where each variable can take any non-negative real number''

If each of the manufacturer has 50 customers each that is symmetric condition.

Assuming we have a condition or situation where p1 is less than p2 for manufacturer 1, it means that manufacture 1 lessens its price, therefore manufacturer 1 will have all all the profit = 100(p1 - 10 - 5x1).

Assuming manufacturer 1 reduces both the quality and the price this time around to the point that it is justifiable to lower the price because of the quality , it means that we will have 1000 + (x1 = 0) + (p1 - compensation m).

For any of the manufacturer, If m> x' and we have that x1 = x'>0[ which is for the quality], then, the profit will be 100(10 + 5x'- m -10).

Also, For any of the manufacturer, if we have x'<m<5x' and x1 for the representation of quality, then, Customers will buy from both manufacturer making m<5x'.

Therefore, Nash equilibrium will occur at the following conditions: P1 = P2 = 10 and x1 = x2 = 0.

4 0

3 years ago