Answer:
1. AirEurope should produce if it wants to maximize its profit.
2. False
Explanation:
New payoffs after subsidy:
Aircraft/ AirEurope Produce Not Produce
Produce -3 , <u>6</u> 75 , 0
Not Produce 0 , 74 0 , 0
With a $9 million subsidy, regardless of whether Aircraft produces or not, AirEurope should<u> produce</u> if it wants to maximize its profit.
The statement is false (Aircraft would earn a negative payoff if it enters).
The ways that gdp per capita does not provide an accurate representation of living standards is option A, B,C.
<h3>What is gdp per capita ?</h3>
Gross domestic product per capita is used to measure or determine the growth of a nation economy or income of a nation per individual who live in the nation.
Hence, gdp per capita cannot provide an accurate representation of living standards through the followings ways:
- A. GDP per capita does not measure production that occurs outside of the market economy.
- B. GDP per capita does not account for changes in environmental quality.
- C. GDP per capita does not account for how people distribute their time between work and leisure.
The missing options are:
A. GDP per capita does not measure production that occurs outside of the market economy.
B. GDP per capita does not account for changes in environmental quality.
C. GDP per capita does not account for all final goods and services sold in markets.
D. GDP per capita does not account for how people distribute their time between work and leisure.
Learn more about Gross domestic product per capita here:brainly.com/question/1383956
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Answer: A. go beyond meeting society's expectations for ethical strategies and business behavior by fostering social benefit and balancing the interests of all
Explanation:
Good Corporate Citizens care about the integrity of the Business world and the trust people should have in it.
To then it is imperative that they help foster social benefits as well as financial benefits for all to partake in and enjoy from.
Answer:
Tina's Tunes is likely to fail because it is ignoring the technological environment.
Explanation:
Technological Environment Technological change can have impact on the decisions taken by business.
Technological change can involve:
– New process of production: new ways of doing things which rises productivity of factor inputs, as with use of robotics in car assembly techniques which has dramatically raised output per assembly line worker. For example around 80% of technological change has been process innovation.
– New products: For example, online banking and many new financial services are direct result of advances in micro processor based technologies.
A firm, which is unable to cope with the technological changes, may not survive.
