Answer:
b. both firms will reduce their price.
Explanation:
The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant
So as per the given situation, both the firm should decrease their price
hence the option b is correct
Answer:
The answer to this question is Defamation
Explanation:
Defamation refers to any statement (Whether written or verbal) that is untrue and injurious to any of the parties involved in the insurance business.
A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.
Identifying defamatory statement
- Statements must be untrue
- it must be capable of causing damage of injury to person or business.
Answer:
i am
Explanation:
i like deca but i dont at the same time it tends to get annoying
With sales of 9,000 units, contribution margin per unit of $32 and fixed costs total of $120,000, Lance's profit is $168,000.
<h3><u>
What is contribution margin?</u></h3>
- A gross or per-unit basis might be used to express the contribution margin.
- It indicates the additional revenue made for each product or unit sold after the variable element of the business's costs have been subtracted.
- The selling price per unit less the variable cost per unit is the contribution margin.
- The metric, also known as dollar contribution per unit, shows how a specific product affects the company's overall earnings.
Contribution margin offers a means of demonstrating the potential for profit of a specific product being offered by a business and displays the percentage of sales that goes toward paying the business' fixed costs. Profit is the amount that remains after fixed expenses have been paid.
Number of units sold = 9,000.
Contribution margin per unit = $32.
Expenses = $32 × 9000 = $2,88,000.
Profit = $2,88,000 - $120,000 = $1,68,000.
Know more about contribution margin with the help of the given link:
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Answer:
portfolio's new beta is 1.25
Explanation:
Total number of stocks available in the portfolio = 15
Total portfolio = 1.20
Beta of stock to be sold = 0.8
Beta of stock to be purchased = 1.6
Weight of one stock (replacing stock) = 1/15
New portfolio beta = Total portfolio - (Weight * Beta of selling stock) + (Weight * Beta of purchasing stock)
New portfolio beta = 1.20 - [(1/15) * 0.8] + [(1/15) * 1.6]
= 1.20 - 0.05333 + 0.10667
= 1.25334
≈ 1.25