A driver whose BAC is lower than .08 cannot face DWI charges

When firms are faced with making strategic choices to maximize profit, economists typically use a. the theory of monopoly to mod

stepladder [879]

Answer:

The correct answer is option c.

Explanation:

Game theory is a tool in economics. It helps to understand the situation in cases where rational players interact and act in a strategic manner. For instance in an oligopoly market where there are few firms, which are interdependent.

These firms or producers are rational players who have to decide output and price level in order to maximize their economic profits.

The theory of monopoly can be applied only in case of monopoly market. The cartel theory is applicable if firms have formed a cartel. Aggressive competition model is not always necessary.

So, the correct answer here will be option c.

6 0

3 years ago

A bond par value is $2,000 and the coupon rate is 5.8 percent. The bond price was $1,946.47 at the beginning of the year and $1,

mestny [16]

Answer:

The bond's real return for the year is 4.54%

Explanation:

In order to calculate the bond's real return for the year we would have to calculate first the nominal rate of return as follows:

nominal rate of return=(price end+coupon-price beginning/price beginning)*100

nominal rate of return=(price end+coupon rate*par value-price beginning/price beginning)*100

nominal rate of return=($1,981.96+0.058*$2,000-$1,946.47/$1,946.47)*100

nominal rate of return=7.78%

Therefore, in order to calculate the bond's real return for the year we would have to use the following formula:

(1+real rate of return)*(1+inflation)=(1+nominal rate of return)

(1+real rate of return)=(1+nominal rate of return)/(1+inflation)

(1+real rate of return)=(1+0.078)/(1+0.031)

(1+real rate of return)=1.0454

real rate of return=4.54%

The bond's real return for the year is 4.54%

8 0

3 years ago

Refer to the scenario below to answer the following question(s). Giant Beanstalks is a company based in Maryland that processes

creativ13 [48]

Answer:

Exclusive distribution

Explanation:

Exclusive distribution is defined as an agreement between a producer and retailer that gives the exclusive right to a retailer to distribute the products of a supplier within a given geographical location. Only one distributor is used by the supplier within a given area.

In the secanrio given Giant Beanstalk a company that processes and cans vegetables, recieves raw materials from over 80 companies. It only gives distribution rights to Greenleaf a grocery chain with 38 stores in the country.

5 0

4 years ago

Marty,a 16-year-old,contracted with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle.He agreed to make monthly payments unti

jenyasd209 [6]

Answer:

C) Marty has ratified the contract and is now bound by its terms.

Explanation:

Ratified Contract : This refers to a contract in which the terms have been agreed upon by all parties involved but has not yet been fully executed, signed, and delivered. The typical steps in the contract process include the offer, acceptance, consideration, and ratification. So, in the case of Marty, the contract has been ratified and she is bound by it terms.

6 0

3 years ago

The act of starting and creating a business on one's own is called

Leto [7]

Entrepreneurship is the answer , hope this helps ! :)

3 0

3 years ago