Answer:
b.(1/2, 1/2)
Explanation:
If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.
Therefore, Nash equilibrium is (1/2 , 1/2).
Answer:
Current break even units = $17,125
New break even point in units = $21,200
Explanation:
The computation of current break-even point in units and comparison with break-even point in units is shown below:-
Current break even units = Fixed cost ÷ Contribution margin per unit
= $411,000 ÷ ($60 - $36)
= $411,000 ÷ $24
= $17,125
New break even point in units = Fixed cost ÷ Contribution margin per unit
= ($411,000 + $34,200) ÷ ($57 - $36)
= $445,200 ÷ $21
= $21,200
A firm must know where to position its product based on
price and region quality in order to communicate promotional effects.
Therefore, your final answer to this question is promotional effects.
If I am correct, it might be Target Market.
Answer:
The correct answer is: Enter adjustments for these payments.
Explanation:
The Trial Balance is a worksheet recording all the credit and the debit balances of the ledger of a company. Eventually, the sum of all the credits must be equal to the sum of all the debits. If an account was forgotten to be included -just like Gretchen's case, <em>adjustments to counterbalance the amount that is to be recorded should be entered</em>.