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kogti [31]
4 years ago
7

C. explain why the estimated change in price using only duration is not accurate

Business
1 answer:
Anarel [89]4 years ago
8 0
Amoreandrusamoreandrus
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Consider the following game in which two firms decide how much of a homogeneous good to produce. The annual profit payoffs for e
inessss [21]

Answer:

Consider the following explanation

Explanation:

Context

Game theory involves two players. They have more than one option to decide. Pay off from each options adopted by two players are available. They have to select a strategy which will maximize their own return. But for optimizing their decision, they have to consider the action of his rival.

In this problem, two players are firm A and firm B. They have two strategies low output and high output. The strategies of firm a are measured in rows and for firm B in columns. They have to select a strategy which will maximize their payy off. Each cell has two pay offs. First one is for Firm A and second one is for firm B.

1. Dominant strategy is a strategy which will always give higher payoffs in comparison with pay off of other strategies. Consider first strategy of firm 1. If it adopts strategy of low output, then firm 2 can also adopt either strategy of low output or high output. In that case pay off of firm 1 will be 300 or 200.

Alteratively if firm 1 adopts high output then pay offs are 200 or 75. 200 is earned if firm B also go for low productivity. It is 75 if firm B adopts high productivity.

Now compare two payoffs side by side. Note that firm A has higher pay off in low output [300,200] in comparison with the pay off of high output [200,75]. So whatever strategy firm B adopts, Firm A will always go for low production. So low production strategy of firm A dominates high production strategy.

Same result is not observed for firm B. Pay off from low production strategy of firm B is [ 250,75]. Pay off from high production strategy are [100,100]. Now compare the two. If Firm A go for low production, then firm B will select low production. It will give pay off 250. Similarly when firm A decides for high production, then firm will also decide for high production. It will maximize its pay off. Amount is 100. Thus no strategy dominates for firm B.

5 0
3 years ago
What are two types of strategies businesses use to directly influence the environment
Katarina [22]
Produce goods and services that are not environmentally friendly and increase the affect of manufacturing goods and services
6 0
3 years ago
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8. Which users could be targeted with Dynamic Remarketing to bring them back to a website? (select all that apply) Users who pos
DochEvi [55]

Answer:

- Users who viewed a website search result page

- Users who viewed product detail pages

- Users who abandoned their shopping carts

Explanation:

Remember, the ultimate aim of marketing is achieved only when the seller makes a sale to the user.

However, in all the above scenarios no sale was actually made, and so there's a need for dynamic remarketing in other achieve the sales objective.

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3 years ago
In calculating the daily balance, cash advances are
Marizza181 [45]
A. Sometimes adding in.
8 0
4 years ago
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Internal-operational communication is defined as:
yawa3891 [41]

Answer:

The correct answer is B

Explanation:

Internal operational communication is the one which occurs or happen for carrying out the operations of the firm or the company. Internal members of the company like the members of trade union, workers, the Board of directors and managers.

This form of the communication in the company, is written and the oral form.

Therefore, it is defined as the communication which helps in sustaining or making the relationship upon which the business or the company grounded and it is more vital than ever.

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