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Damm [24]
3 years ago
12

Does​ Firm A have a dominant strategy? The dominant strategy for Firm A is a low price. No, there is no dominant strategy for Fi

rm A. The dominant strategy for Firm A is a high price. b. Does​ Firm B have a dominant strategy? The dominant strategy for Firm B is a high price. The dominant strategy for Firm B is a low price. No, there is no dominant strategy for Firm B. c. What are the Nash equilibria in this​ game? Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. Both Firm A and Firm B charge a low price. unanswered Both Firm A and Firm B charge a high price. unanswered Firm A charges a low price and Firm B charges a high price. unanswered Firm A charges a high price and Firm B charges a low price. unanswered There are no Nash equilibria in this situation.
Business
1 answer:
ollegr [7]3 years ago
3 0

Answer:

Explanation:

I will give a basic hint to understanding this problem

Prevailing technique or what is best known as "Dominant Strategy" is an activity profile that is best for a specific player review of what different players are picking. for this situation there is no prevailing procedure for any player on the grounds that there is no single activity profile that expands the result for any player.

So we can say from this observations that the following is valid;

  • A doesn't have a dominant strategy

  • B doesn't have a dominant strategy

There are two Nash equilibria for this situation. Both the organizations are charging a low cost and both the organizations are charging a significant expense.

As such they can augment their benefit given what the adversary is doing.

I hope this explains the observation seen.

cheers I hope this helps

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Copy equipment was acquired at the beginning of the year at a cost of $25,500 that has an estimated residual value of $2,300 and
nalin [4]

Answer:

(A) $23,200

(B) $0.02 per copy

(C) $4,420

Explanation:

Given that,

Cost of equipment = $25,500

Estimated residual value = $2,300

Estimated useful life = 5 years

Estimated Output = 1,160,000 copies

Copies made this year = 221,000

Depreciation refers to the reduction in the value of fixed assets with the passage of time.

(A) The depreciable cost is determined by subtracting the residual value from the cost of acquiring copying equipment.

Depreciable cost:

= Cost of equipment - Estimated residual value

= $25,500 - $2,300

= $23,200

(B) Depreciation rate is calculated by dividing the depreciable cost by the estimated output.

Depreciation rate:

= Depreciable cost ÷ Estimated output

= $23,200 ÷ 1,160,000

= $0.02 per copy

(C) Units-of-output depreciation for the year is calculated by multiplying the depreciation rate with the number of copies made this year.

Units of output depreciation for the year:

= Depreciation rate × Copies made this year

= $0.02 per copy × 221,000

= $4,420

3 0
3 years ago
Which of the following will likely lead to cost-push inflation? Select the two correct answers. (1 point)
MakcuM [25]

Considering the available options, the statements that will likely lead to cost-push inflation include <u>"An increase in the price of oil has reduced supply of all goods and services that use oil as an input."</u>

The other options that will likely lead to cost-push inflation are "<u>Consumers become more comfortable with debt, increasing their spending as they take on more loans.</u><u>"</u>

<h3>What is Cost-Push inflation?</h3>

Cost-Push inflation is a type of inflation caused by the rise in the cost of wages and raw materials.

This implies that the rise in wages allows the consumers to spend more money on limited supply.

Also, when the rise in the cost of materials reduced the supply of all goods and services.

Hence, in this case, it is concluded that the correct answer is options A and E.

Learn more about Cost-Push inflation here: brainly.com/question/4540785

4 0
2 years ago
TB MC Qu. 1-150 Haack Inc. is a merchandising company ... Haack Inc. is a merchandising company. Last month the company's cost o
Sever21 [200]

Answer:

$87,200

Explanation:

The computation of the total amount of merchandise purchase is shown below:

As we know that

Cost of goods sold = Beginning merchandise inventory + purchase of merchandise - ending merchandise inventory

$69,400 = $11,600 +  purchase of merchandise - $29,400

$69,400 = -$17,800 + purchase of merchandise

So, purchase value of merchandise is

= $69,400 + $17,800

= $87,200

5 0
3 years ago
Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by
julia-pushkina [17]

Answer:

$125,000

Explanation:

Particulars                                                     Amount

Sales revenue                                            $115,000

Add: Accounts receivable decrease        <u>$10,000</u>

Cash Receipt from customers                 <u>$125,000</u>

The sales revenue adjusted to a cash basis for the year is $125,000.

4 0
2 years ago
Item 1 Lawrin is a real-estate salesperson whose compensation is commission-only. She earns a 3% commission on the sale price of
Lera25 [3.4K]

Answer:

Gross pay= $13,357.8

Explanation:

Giving the following information:

Gross commission= 3%

Sales= $445,260

<u>The gross pay is the amount earned before tax and other deductions. We need to use the following formula:</u>

Gross pay= commission rate*sales

Gross pay= 0.03*445,260

Gross pay= $13,357.8

7 0
2 years ago
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