1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataly [62]
3 years ago
6

Game-theory analyzes oligopoly behavior by using concepts derived from the study of games-of-chance such as dice games, solitair

e, and roulette.
A) True
B) False
Business
1 answer:
Yuri [45]3 years ago
6 0

Answer:

False

Explanation:

Game theory is the way of analysing the strategic decision making between rational agents participating in a game.

Game theory is usually used to analyse the decision making process of firms in an oligopoly.

An oligopoly is when there are few large firms operating in a market. Pricing decisions are made either through price leadership or a collusion.

Game theory is used to analyse if cooperating in a collusion would yield the highest payoffs to the participating firms.

I hope my answer helps you.

You might be interested in
Quiz Instructions
Reil [10]

Answer:

The price of alternatives or substitutes

Reason: When there are alternatives or substitutes, this means that the consumer can then get better options.

3 0
3 years ago
Suppose that in year 1 an economy produces 100 golf balls that sell for $3 each and 75 pizzas that sell for $8 each. The next ye
mixas84 [53]

Answer:

The value of nominal GDP in years 1 and 2 respectively is:

  • $900 and $1,077.50.

Explanation:

real GDP is based on the prices of a base year and it is affected by the total output of goods and services, not the nominal value of the goods and services.

real GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900

real GDP year 2 = ($3 x 110 balls) + ($8 x 80 pizzas) = $970

nominal GDP year 1 = ($3 x 100 balls) + ($8 x 75 pizzas) = $900

nominal GDP year 2 = ($3.25 x 110 balls) + ($9 x 80 pizzas) = $1,077.50

4 0
3 years ago
1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?
Schach [20]
for other payments/expenses that was done during that calendar year. or To either keep the additional ones for his record or other companies sent their that he works for.
4 0
3 years ago
Choi Company manufactures two skin care lotions, Smooth Skin and Silken Skin, from a joint process. The joint costs incurred are
mafiozo [28]

Answer:

The answer is "205,241"

Explanation:

Its relative value operation:

                                                         Smooth skin        Seedling Skin           Total

A Unit sold                                            240000        \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \     110000

selling price per unit                           \$ \ 3.10   \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \               \$ \ 5.10            

Sales value                                 \$ \ 744,000  \ \ \ \ \ \ \ \ \ \ \ \$ \ 561,000 \ \ \ \ \ \ \ \ \ \ \  \$ \ 1,305,000

Join its cost allocate(360000 \times \frac{sales\ value}{1305000}) 205,241 \ \ \ \ \ \     154,759  \ \ \ \ \ \    360,000

Smooth Skin is assigned the combined costs within each development process by way of the relative cost process                                        205,241

3 0
3 years ago
BruceCo is a company that makes products for the coffee industry. They subscribe to a clipping service that monitors newspapers
Gemiola [76]

Answer: Marketing Intelligence.

Explanation:

BruceCo action to gather information on coffee from newspapers of various major cities around the world is method by which they increase their market intelligence. Market intelligence is a method business use to increase knowledge about their target market by gathering information on that market.

5 0
3 years ago
Other questions:
  • Which statement about the rules of debit and credit is true? A. If accounts receivable is decreased with a credit, the normal ba
    12·1 answer
  • The city of Mesa has developed a street improvement plan that will add lanes to one of the major north/south corridors. Because
    8·1 answer
  • Retained earnings on the balance sheet?
    12·1 answer
  • You are thinking of opening a Broadway play, I Love You, You’re Mediocre, Now Get Better! It will cost $5 million to develop the
    13·1 answer
  • ​O'Keith Company purchased a mine on January​ 1, 2018, for​ $530,000. The mine is estimated to contain​ 37,000 tons of iron ore.
    15·1 answer
  • The Camino Real Landfill was required to install a plastic liner to prevent leachate from migrating into the groundwater. The fi
    9·1 answer
  • Which is an example of a withholding you might see on your pay stub?
    15·1 answer
  • Toyota conducts extensive consumer research and discovered that Latinos are reportedly 15% more likely to buy a Japanese auto br
    9·1 answer
  • What role did designer Carter Bryant play in this intellectual property case? A O MGA Entertainment claimed that his design for
    8·2 answers
  • A quantitative method used to evaluate single locations based primarily on proximity is?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!