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
Damm [24]
2 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]2 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

You might be interested in
A __________ represents a long-term partnership between two or more companies established to help each firm build competitive ma
BlackZzzverrR [31]

Answer:

The correct answer is: 4) Strategic alliance.

Explanation:

The strategic alliance occurs when two more companies establish a formal relationship with the objective of achieving competitive and economic advantages, but which still remains as independent companies.

The concept arose from the transformation of the current economic scenario, where globalization and new technologies requires improvement of innovation and organizational processes for success and survival in the market.

In a strategic capacity, intangible and tangible resources are shared, such as executive knowledge, distribution channels, financing, productive capacity and others

7 0
3 years ago
Managers can limit conflicts brought about by ______ by treating employees equally, being open about why some employees are rewa
melisa1 [442]

Based on workplace or organizational management, Managers can limit conflicts brought about by <u>co-workers</u> by treating employees equally, being open about why some employees are rewarded, and offering mentoring programs.

To promote good working relationships, managers need to solve any conflicts among co-workers amicably by being open to everyone involved.

This will show impartiality from the managers and will help solve the issue permanently.

Co-workers tend to have dynamic relationships in the same organization, and to prevent long-term conflict; managers should settle the issue without looking biased.

Hence, in this case, it is concluded that the correct answer is "Co-workers."

Learn more about co-workers relationships here: brainly.com/question/10608164

3 0
2 years ago
Ruggles Circuit Company manufactures circuit boards for other firms. Management is attempting to search for ways to reduce manuf
boyakko [2]

Answer:

B) Rearrange the production floor.

Explanation:

First step is to calculate the manufacturing labor costs for the Current operations and new proposal

Calculation for the manufacturing labor costs for the Current operations

Current operations manufacturing labor costs =5 workers * 2,100 hours * $8.00

Current operations manufacturing labor costs = $84,000

Calculation for the manufacturing labor costs for the new proposal

New Proposal manufacturing labor costs=4.5 workers *2,000 hours * $9.00

New Proposal manufacturing labor costs = $81,000

Based on the above calculation the decisions that the management should accept is to REARRANGE THE PRODUCTION FLOOR if they want to reduce the company manufacturing labor costs reason been that the manufacturing LABOR COSTS for the current operations is $84,000 which means it is higher than the manufacturing LABOR COST for the new proposal which is $81,000

Therefore the management should REARRANGE THE PRODUCTION FLOOR because with the new proposal manufacturing labor costs will reduce.

8 0
2 years ago
What is technical profession?Give examples.​
guapka [62]

Answer:

Technical profession is a highly skill based profession in which a practical knowledge is required.Example:engineering in civil,mechanical,computer e.t.c.

6 0
2 years ago
On December 31, Strike Company has decided to discard one of its batting cages. The equipment had an initial cost of $236,300 an
Studentka2010 [4]

Answer:

Equipment, credit, $229,100

Explanation:

we record the entry when we purchase the equipment is

we debit the equipment, and credit the cash/accounts payable depending on whether we paid the cash or purchased the equipment on account.

We debit the equipment because equipment is our asset, and when asset goes up we debit them. We credit the cash because again cash is our asset and when asset goes down we credit them.

Now at the time of disposal, we want to remove the asset from our balance sheet. Equipment is disposed now. In other words, equipment is our asset, and disposing the equipment means asset goes down, and we show this effect by credit the equipment.

5 0
2 years ago
Other questions:
  • Priya is making a book cover with area of 28 square inches. Sapna is making a book cover with n area of 28 square centimeters. m
    8·1 answer
  • Suppose the total monetary value of all final goods and services produced in a particular country in 2008 is $500 billion and th
    14·1 answer
  • Alice helped a sales manager place an ad on job boards and hire five new salespeople. She calculates that the total cost to recr
    8·2 answers
  • ACME Corp. managers lack the will and resources to develop international marketing strategies but are happy when their company's
    15·1 answer
  • Ginny Paulson was just promoted to marketing manager for her company. She also gets a big raise with the promotion. Because Ginn
    5·1 answer
  • Because stocks rely on dividends as the principal source of cash flow, ascertaining stock prices is an easier and more precise p
    15·1 answer
  • otal asset turnover 2.6 Profit margin 6.6 % Equity multiplier 1.5 Payout ratio 25 % What is the sustainable growth rate?
    11·1 answer
  • Klein Company issues a four-year note in exchange for a license agreement with fair value of $100,000. The contract requires pay
    9·1 answer
  • Show the effect of each transaction on the three basic accounting elements by indicating the dollar amount of the increase or de
    11·1 answer
  • Which of the folloiwng is an example of direct finance?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!