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hammer [34]
3 years ago
11

Two identical firms that share a market and produce a homogenous good will find the Bertrand Oligopoly LEAST attractive because

_____________
Business
1 answer:
inn [45]3 years ago
3 0

Answer:

The correct answer that fills the gap is: Cartels generate the highest joint profit, they want to avoid a price war that leads to profit erosion and P=MC, a cournot oligopoly will generate more profit than a bertrand oligopoly

Explanation:

In Bertrand's model, consumers will buy the goods of the company that offers the lowest price. From this it can be intuited that the Nash equilibrium will be the one in which both companies set the same price. For this reason it is not attractive, since they are competition and for some of the two it may not be profitable to decrease the sale price of their products.

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What information in a drawings title block identifies the project?
Oksi-84 [34.3K]

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3 years ago
On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a
aalyn [17]

Answer:

The amount allocated to goodwill at January 1, 2017, is: $16,000

Explanation:

We talk of goodwill when a company acquires another one and is the difference between the cost to purchase the business minus the fair market value of the tangible assets netted the liabilities.

In this case the fair value of the assets is:

Assets $550,000 + $40,000 - $10,000= $580,000

The book value of the assets is corrected with the fair value, in this case we correct the value of the patent.

Liabilities $300,000

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5 0
3 years ago
Explain why the concept of an organization as an iceberg is important.
xxMikexx [17]

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Explanation:IM SMART

6 0
3 years ago
In choosing to acquire a TV manufacturer as part of your entry strategy to enter the Smart TV market, Apple intends to integrate
Zarrin [17]

Answer:

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Explanation:

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So here the technology that adapted would be difficult for implementation

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Hence, the option a is incorrect

5 0
2 years ago
4. What aspect of project management was omitted from the PMI definition that is included in the definition proposed by Meredith
lukranit [14]

Answer:

Fulfilling client's expectations

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The Project Management Institute (PMI) aims to develop the project management profession.

PMI definition proposed by Meredith and Mantel has included client satisfaction as a criteria for project success.

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This definition now different from the previous one that focuses on meeting project specifications

6 0
2 years ago
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