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CaHeK987 [17]
3 years ago
14

Game theory is useful in analyzing oligopoly behavior because: advertising is so common among oligopoly firms. it explains why o

ligopolies fail to make persistent profits. interaction among a few large firms are what determines the level of profits. trying to maximize profits is essentially a game in all types of markets.
Business
1 answer:
hoa [83]3 years ago
5 0
I think the answer is trying<span> to maximize profits is essentially a game in all types of markets. Oligopoly is focused on monopolizing all the markets by gaining much profit that would make it dominate the businesses. This can help players understand strategic skills in marketing.</span>
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The following information is available for Sunland Company.
dmitriy555 [2]

Answer:

                                     Sunland Company

                        Cost of goods manufactured Schedule

                                           For the year ended

Work in progress                                                      15,470

Direct Materials

Raw material                                       22,250

Add: Raw material purchased           <u>154,500</u>

Total raw material available for use  176,750

Less: Raw material inventory             <u>32,850</u>

Direct material used                                               143,890

Direct labor                                                             225,290

Manufacturing overhead                                        <u>183,120</u>

Total manufacturing costs                                                        <u>552,300</u>

Total cost of work in progress                                                  567,770

Less: Work in process inventory                                                <u>18,560</u>

Cost of goods manufactured                                                    <u>549,210</u>

6 0
3 years ago
Newhard Company assigns overhead cost to jobs on the basis of 125% of direct labor cost. The job cost sheet for Job 313 includes
erik [133]

Answer:

A) manufacturing costs= $37,000

B) Unitary cost= $37

Explanation:

Giving the following information:

Newhard Company assigns overhead costs to jobs based on 125% of direct labor cost.

The job cost sheet for Job 313 includes $10,000 in direct materials cost and $12,000 in direct labor cost.

A total of 1,000 units were produced in Job 313.

A) manufacturing costs= direct materials + direct labor + manufacturing overhead

manufacturing costs= 10000 + 12000 + (12000*1.25)= $37,000

B) Unitary cost= 37000/1000= $37

5 0
4 years ago
To decide where to place the first digit in the quotient ,you can estimate or use_
Alla [95]
Benchmarks!!!!!!!!!!

8 0
4 years ago
Read 2 more answers
A salesperson is trying to decide which element of the sales presentation mix to emphasize in a particular presentation. She wan
Sergeeva-Olga [200]

A salesperson is trying to decide which element of the sales presentation mix to emphasize in a particular presentation. She wants to make sure her communication will resonate with the prospect. The process through which the salesperson is going through is Persuasive communication process

Answer: Correct answer is Persuasive communication process

<u>Explanation: </u>

Persuasive communication process is one in which the salesperson will try to influence the beliefs and actions of others.She will try to convince employees  to work together in the direction that will help in achieving the goals of the company.

Persuade means to convince others.A persuasive communication focuses on the needs and desires of target audiences. The response of audience become more positive if they feel that communication is fulfilling their needs.if  we deliver a message which audience are looking forward to then they will receive that message easily otherwise they will ignore it.

Our message or the information we are delivering must be supported by statistics and examples. Also We must try to tell them about the benefits associated with the information given.Suppose we want to persuade others about a particular policy than we should tell them regarding benefits associated with that policy and it must be supported with examples.

This will make our communication more persuasive.

3 0
3 years ago
Explain the limitations of statistics
Tema [17]
Statistics deal with groups and aggregates only. (2) Statistical methods are best applicable to quantitative data. (3) Statistics cannot be applied to heterogeneous data. (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.
6 0
3 years ago
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