Answer:
The entire demand curve will shift upwards
Explanation:
SEE IMAGE ATTACHED
The price P of a product is determined by a balance between production at each price (supply S) and the desires of those with purchasing power at each price (demand D). The diagram shows a positive shift in demand from D1 to D2, resulting in an increase in price (P) and quantity sold (Q) of the product.
Answer:
The only dominant strategy in this game is for <u>NICK</u> to choose <u>RIGHT</u>. The outcome reflecting the unique Nash equilibrium in this game is as follows: Nick chooses <u>RIGHT</u> and Rosa chooses <u>RIGHT</u>.
Explanation:
ROSA
left right
4 / 6 /
left 3 4
NICK
right 6 / 7 /
7 6
Rosa does not have a dominant strategy since both expected payoffs are equal:
- if she chooses left, her expected payoff = 3 + 7 = 10
- if she chooses right, her expected payoff = 4 + 6 = 10
Nick has a dominant strategy, if he chooses right, his expected payoff will be higher:
- if he chooses left, his expected payoff = 4 +6 = 10
- if he chooses right, his expected payoff = 6 + 7 = 13
The only possible Nash equilibrium exists if both Rosa and Nick choose right, so that their strategies are the same, resulting in Rosa earning 6 and Nick 7.
Answer:
$93,600
Explanation:
The computation of the total contribution margin is shown below:
Given that
For 5,100 sales unit, the contribution margin is $91,800
So, for 5,200 sales units, the contribution margin would be
= Contribution margin × new sales units ÷ previous sales units
= $91,800 × 5,200 units ÷ 5,100 units
= $93,600
All other information which is given is not relevant. Hence, ignored it
Regional type of retail space is most likely to have the highest degree of management involvement.
<h3>What is the Regional type and its type?</h3>
- A region is an area of land that has common features.
- A region can be defined by natural or artificial features.
- Language, government, or religion can define a region, as can forests, wildlife, or climate. Regions, large or small, are the basic units of geography.
To learn more about regional, refer
to brainly.com/question/25689052
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