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
klio [65]
3 years ago
8

In which of the following games is it clearly the case that the cooperative outcome of the game is good for the two players and

bad for society? A. Two airlines dominate air travel between City A and City B, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities. B. Two superpowers decide whether to build new weapons or to disarm. C. Two oil companies own adjacent oil fields over a common pool of oil, and each company decides whether to drill one well or two wells. D. In all of the above cases, the cooperative outcome of the game is good for the two players and bad for society
Business
1 answer:
Leona [35]3 years ago
4 0

Answer:

A. Two airlines dominate air travel between City A and City B, and each airline decides whether to charge a "high" airfare or a "low" airfare on flights between those two cities.

Explanation:

<em>Option A is correct</em>

Out of all the options, the cooperative described in this option is the clearest of them and shows the perfect scenario on how the two huge players can come together to form a monopoly and oppress members of the society.

The arbitrary determination of prices by the two major airlines only benefits the airlines, and does not help the society in any way. We can thus say that it is bad for the society.

<em>Option B is not correct.</em>

The building of new weapons by the two super powers does not show a possible cooperative. The option is not also clear on how the weapons can benefit the superpowers if they "work together".

This makes option b wrong.

<em>Option C is not correct. </em>

This is because the option is not clear on how deciding to drill one or two wells benefits the companies themselves. Also, the impact of the drilling of the wells is quite vague and does not directly affect the society.

From all the options, Option A fits best in terms of clarity an appropriateness

You might be interested in
A buyer made an earnest money offer to purchase property, and the broker placed the funds in his trust account. After the seller
Alex17521 [72]

Answer: Interpleader

Explanation:

The broker just engaged in an Interpleader action which is an action that allows a person who does not own a certain property to get the claimants to the property to go to court for it. The Court will then decide who should get the property after proceedings.

The Broker does not own the deposit but seeing as he did not want to get into trouble with either the Seller or the Buyer, he put the deposit with the courts so that they would decide who owns the deposit.

7 0
3 years ago
Modern supply chains simultaneously pursue the goals of high-quality, fast response, and low cost because customers nowadays wan
d1i1m1o1n [39]

Answer:

Just -in-Time(JIT)

Explanation:

Just in time is a lean manufacturing approach through which Organisation manage inventory in such a way that the supplies are received just at the time it is required, just-in-time is one of the key strategies adopted by Toyota in Japan in order to enhance its Efficiency and ensure that it doesn't take the cost of storing inventories in its operations.

3 0
4 years ago
Read 2 more answers
Cartels control the production and pricing of goods mainly through
Lubov Fominskaja [6]

Answer:

the elimination of competition

Explanation:

8 0
3 years ago
Assume there are only three possible states of nature for the economy in the future: boom, normal, and recession. If there is a
BartSMP [9]

Answer:

a. 45%

Explanation:

The sum of total probabilities  is always equal to 1. Since in the given question only three probabilities are given, so the sum of these three probabilities shall be 1 which is represented as follows by the equation:

probability of boom+probability of normal+probability of recession=1

In the given question:

probability of boom=30%

probability of recession=25%

30%+probability of normal+25%=1

Probability of normal=1-25%-30%=45%

So based on the above calculations, the answer shall be a. 45%

7 0
3 years ago
A standard hour incentive plan is likely to be successful if :_________
Y_Kistochka [10]

Answer: employees want the extra money more than they want to work at a pace that feels comfortable

Explanation:

A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.

It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.

3 0
2 years ago
Other questions:
  • Kilian Company's inventory balance at the end of the current year does not include $10,000 of inventory that was stored in a sep
    9·1 answer
  • (able to pick multiple)
    8·2 answers
  • Enables a manager to make decisions, give orders, and utilize resources. for example, the manager of a local pizzeria has the ri
    8·1 answer
  • Describe the symbolism in the cartoon.<br> Explain what is the author’s message.
    15·1 answer
  • Calculate the Kuznets Ratio for Bangladesh based on size distribution: The lowest 40% receives 17.3% of national income and the
    9·1 answer
  • When your company pays for a promotional message, that is a form of what?
    6·1 answer
  • Do you think I would be a successful you-tuber?
    14·1 answer
  • What are the 5 advantages of writing out a budget?
    7·1 answer
  • The Allowance for Doubtful Accounts is a contra-asset account. Increases to the account (to record the period's estimated bad de
    8·1 answer
  • The Cardinal Company had a finished goods inventory of 55,000 units on January 1. Its projected sales for the next four months w
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!