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Aliun [14]
3 years ago
8

Game theory:

Business
1 answer:
emmainna [20.7K]3 years ago
5 0

Answer:

B) is the analysis of how people (or firms) behave in strategic situations.

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Who benefits from an import-substitution strategy? who is harmed?
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Answer:

Import substitution industrialization (ISI) is a trade and economic policy which advocates replacing foreign imports with domestic production. Domestic consumers benefit from import substitution as they do not have to face strong competition from foreign competitors and can sell their goods at a higher price. So for example manufacturers in USA sell a battery from $10 but consumers from USA have the option to import that battery at $7 from China the US manufacturers wont be able to compete as Chinese companies have lower cost of production therefore they can sell cheaper and in order to protect the local manufacturers the government may use an ISI strategy to help the local manufacturers. On the other hand consumers are harmed from this strategy as they cannot buy the cheaper product because of change in government strategy. So consumers who were buying the battery at $7 not have to buy it at $10.

Explanation:

5 0
3 years ago
A low-cost airline described as one of the excellent companies in the bestseller of the early 1980s, In Search of Excellence, is
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This is a market in which large numbers of producer sells differentiated products in terms of quality or branding. The ability to differentiate the products makes it possible for the different firms to practice price discrimenation which is further strengthen through advertising of the product, the price differences may force a firm out of the market if the demand for it's products falls significantly.

6 0
3 years ago
1. Which of the following is NOT a reason why employees lose their jobs?
stich3 [128]

Answer:B. Good attendance

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4 0
3 years ago
Can someone help pick 1, 2,or 3 ?
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A kilobyte (kb) is equal to ____ bytes, but is usually thought of as approximately 1,000 bytes.
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