Answer:
it is called discrimination
Answer:
D. is the analysis of how people (or firms) behave in strategic situations.
Explanation:
Game Theory it one of the greatest concepts of social situations among the competitive individuals or firms. It is mostly about the strategies. It includes the science of strategy, optimal decision making among the competitive individuals or firms or maybe countries. Game Theory is very useful for determining the best solutions or paths for price competition or product releases. The Game Theory has well known pioneers like John Nash, John von Neumann.
Game Theory has:
Focus: the focus is the game that is happening. On the game, there are social interactions and rational players.
Key: one player's payoff is contingent on the strategy implemented by the other player.
Players: the individual or the firm who or what is strategic decision-maker within the context of the game
Strategy: it is the complete plan of action a player will obtain from the set of circumstances that might arise within the game
Payoff: The payout a player receives from arriving at a particular outcome
Equilibrium: It is such an outcome or agreement that the point in a game where both players have made their decisions and an outcome is reached
As we see the game theory in general context is the behavioral analysis of the individuals and firms during the strategic situations.
Answer:
The predetermined overhead rate is 29.81 per machine hour
Explanation:
Fixed predetermine overhead rate = Estimated fixed manufacturing overhead / Estimated machine hour
Fixed predetermine overhead rate = $944,762 / 40,600
Fixed predetermine overhead rate = $23.27 per machine hour
Total predetermine overhead rate = Fixed predetermine overhead rate + Estimated variable manufacturing overhead
= $23.27 + $6.54
= 29.81 per machine hour
Answer:
C increase both output and price.
Explanation:
A monopolist respond to an increase in demand by increasing output and price.
In the given case, Marginal revenue is greater than marginal cost at those levels of output produced and the firm can make higher profits by increasing number of output. A monopolist can determine its profit maximizing price by analysing the marginal revenue and marginal cost of producing extra unit of output.
Answer:
$100
Explanation:
Safe harbor rules say that if the under deposited amount is less than the greater of $100 or 2% of the amount required to be deposited, no failure-to-deposit penalties will be imposed.
Semi-weekly depositors shortfall must be deposited by the first Wednesday or Friday occurring on or after the 15th of month after the month during which the original deposit was due (CANNOT send shortfall with their Form 941, must be deposited separately).