1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jarptica [38.1K]
4 years ago
7

uan Pablo and Zak are competitors in a local market. Each is trying to decide if it is better to advertise on TV, on radio, or n

ot at all. If they both advertise on TV, each will earn a profit of $8,000. If they both advertise on radio, each will earn a profit of $14,000. If neither advertises at all, each will earn a profit of $20,000. If one advertises on TV and other advertises on radio, then the one advertising on TV will earn $12,000 and the other will earn $10,000. If one advertises on TV and the other does not advertise, then the one advertising on TV will earn $22,000 and the other will earn $4,000. If one advertises on radio and the other does not advertise, then the one advertising on radio will earn $24,000 and the other will earn $8,000. If both follow their dominant strategy, then Juan Pablo will
Business
1 answer:
Colt1911 [192]4 years ago
6 0

Answer: Advertise on radio and earn $14,000

Explanation: Dominant strategy may be explained as the tactics or option which works best for a particular firm and seems to give the firm an edge abive other competitors.

Since both are following their dominant strategy, even though advertising on TV seems more lucrative if only one of the advertise, by the time both of them place TV advert, profit falls to $8000. therefore the strategy who gives the highest return when both thread the same advertising path is the radio advert, which gives a return profit of $14,000. Therfore, Uan Pablo should advertise on radio and earn a profit of $14000

You might be interested in
What's the meaning of the symbol S3?
Degger [83]

The answer is A

One three-way switch

6 0
3 years ago
Each of the following is an advantage of using cash EXCEPT:
Tcecarenko [31]
C. less painful parting with cash
8 0
3 years ago
Read 2 more answers
WHOEVER ANSWERS THIS IN 2 MINS GETS BRAINLIEST!!
Travka [436]

Answer:

I answered this in your other question However... Different countries have different advertising/promotional laws. Plus you have no target market if you're creating a promotional message to use for all countries. Also, assuming if your promotional message inspired, say a person in Africa, a person in Russia, a person in China, and a person in Japan bought a product from your promotion, you would have to ship to all of those countries with extreme shipping rates.

4 0
3 years ago
How old do you have to be to become a emergency doctor and a paramedic?
lbvjy [14]

Answer:30

Explanation:

5 0
3 years ago
The two major markets in the circular flow of income and expenditure are the:________
Arada [10]

Answer:

[2] goods market and factor market.

Explanation:

The circular flow of income shows how exchange of money, goods and services occur in an economy.

the two flow circular income model consists of an household and a firm.

The household buys factors of production from the household in exchange for money (firms buys from the factor market). In return, households receive payment.

households then go to the goods market to purchase goods and services.

3 0
3 years ago
Other questions:
  • Given the following information, determine the activity rate for setups. Activity Total Activity-Base Usage Budgeted Activity Co
    13·2 answers
  • What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?
    12·1 answer
  • What are the two dominant manufacturers of processors for personal computers?
    11·1 answer
  • At the pregame conference, the plate umpire asks both head coaches if they have listed all their substitutes on the lineup card.
    10·1 answer
  • Congress must vote whether to increase the government budget so as not to shut down the government this year The vote passed and
    5·1 answer
  • On December 31, 2019, Marigold Inc. borrowed $3,600,000 at 13% payable annually to finance the construction of a new building. I
    9·1 answer
  • Daniela is a 25% partner in the JRD Partnership. On January 1, JRD makes a proportionate, liquidating distribution of $16,000 ca
    9·1 answer
  • The Red Wolf Society, a nongovernmental not-for-profit organization, receives numerous contributed hours from volunteers during
    10·1 answer
  • Money held by the lender to pay homeowners insurance and property taxes is put in a fund called _____. A. Closing costs b. Commi
    12·1 answer
  • is creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!