Answer & Explanation:
a. The game tree for this sequential-move game is as follows:
"The image is attached below"
Therefore, if Big Panda climbs the tree the cost for him will be 2kilocalories, thus his payoff will reduce by 2Kc.
Similarly, if Little Panda climbs the tree there will be cost of 0Kc for climbing the tree.
b. When the rollback equilibrium is used, then Little panda will choose not to climb the tree corresponding to Big Panda's strategy for climbing the tree.
That is the payoff will be as:
If BP climbs the tree the payoff cost will be 4Kc, 4Kc
If BP don't climbs the tree the payoff cost will be 9Kc, 1Kc
In this case Big panda will chosoe not to climb the tree.
Therefore the rollback equilibrium will be equal to 9Kc, and 1Kc.
Answer:
July 24 Cash $1470 Dr
Discount allowed $30 Dr
Account Receivable $1500 Cr
Explanation:
The receipt of payment for accounts due will cause a credit to accounts receivable for that particular debtor along with a debit to cash as payment is received. However, as there were some sales returns, the outstanding amount in the accounts receivble account was sales less sales returns that is 3100 - 1600 = 1500.
The terms state 2/10, n/30 which means 2% cash discount is allowed if payment is made within 10 days of sale. The payment is made within 10 days, as July 24 falls under this period so cash received will be 1500 * 98% = 1470.
While Accounts recevables will be reduced by 1500. The difference of 30 is discount allowed and it is an expense and will be debitted.
Answer:
Societal marketing orientation
Explanation:
Options include "a. Societal marketing orientation
, b. Production orientation
, C. Sales orientation
, d. Market orientation
Societal marketing orientation is an idea to engage the customers in marketing movement of the company. If the customers evangelize the product on the company’s behalf the company finds success very easily and efficiently. Societal marketing orientation not only focuses on the needs of the customers but also on the fulfillment of the social responsibility
I think the answer is a. I'm not 100 sure though.
Answer:
The correct answer is option C.
Explanation:
A rightward shift in the demand curve means that at the same price levels, the consumers are demanding more of the commodity. A rightward shift in the demand curve causes it to intersect with the supply curve at a higher point.
The equilibrium point shifts upward. This causes both equilibrium quantity and price level to increase.
A leftward shift, on the other hand, causes the equilibrium price and quantity to decrease.
