Answer:
The correct answer is the option A: For each firm charge LP.
Explanation:
To begin with, the theory called <em>''Nash Equilibrium''</em> in the field of economics, refers to a type of equilibrium in an imperfect competition market that shows the situation where two or more competitors of a same good can choose how much of that good to produce and at what price charge it in order to obtain the maximun benefit as possible in the case that all the competitors are familiar with the other competitors' strategies and results but do not know what strategy every competitor might choose.
To continue, in the case presented above, <u>the nash equilibrium for each firm is to charge low price due to the fact that if one company charges high price and the other decides to charge low price then the first company will lose a big amount of money instead of the case where both charges low price</u>.
That they might have to buy an ceiling that clean the flu.
Answer:
Communication is the aspect that aligns with promotion when relating the 4 C's to the 4 p’s of marketing. When you promote a product you are using commication to get the product promoted to the consumer.
Explanation:
Answer: Cooperative
Explanation:
A cooperative is an independent association of people united voluntarily in order to meet their common economic, cultural and social needs and through a jointly owned enterprise.
A cooperative society is a group of people who possess specific common needs. The purpose of a cooperative society is to improve the economic status of its members. Cooperative societies usually offer their products to their members at a discount.
If the Federal Reserve did not regulate monetary policy, monitor banks, and provide services for banks, then the transactions would be more costly and interest rates will be more.
The Federal Reserve (Fed) in the US manages the economic and financial system in US. It regulate the monetary policy, monitor banks and provide services for banks. They monitor banks so that there will be no more increases in the costs of transactions than the cost agreed by the Fed. Also it will also reduce the possibility of increase in interest rates as the monetary policy is also implemented by the Fed. As a head of the banks, the Federal Reserve also provide services to other banks. In short, the Fed keeps the US economy stable. If they did not regulate monetary policy, monitor banks, and provide services for banks, then it would have been hard to keep this economic stability in US.
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