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Nat2105 [25]
3 years ago
9

According the kinked demand curve model:

Business
1 answer:
prohojiy [21]3 years ago
3 0

Answer:

C. a change in marginal cost causes the profit-maximizing level of output to change by the same amount and in the same direction

Explanation:

Kinked demand curve consider that the business may face a double demand curve based on the likely response of other firms to change in the price of product.

it assumes that the change in variable cost may not cause to rise or fall in the profit maximising price in the market.

Due to change in cost the equilibrium price and output of product remains constant

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Mariposa Inc is considering improving its production process by acquiring a new machine. There are two machines management is an
kondor19780726 [428]

Answer:

Machine B should be purchased because it has a lower equivalent annual cost

Explanation:

To determine the better of the two options, we would compare the equivalent annual cost of each options using a discount rate of 14% per annum

Equivalent annual cost = Total PV of cost /Annuity factor

Total PV of cost = Initial cost + PV of annual operating cost

PV of annual operating cost= Annual operating cost × Annuity factor

Annuity factor = (1- (1+r)^(-n))/r

r- rate , n- years

Machine A

PV of annual operating cost = 8,000 × (1- 1.14^(-3)/0.14= 18573.05622

PV of total cost = 290,000 +18573.05622 =  308,573.06  

Uniform Annual cost =  308,573.06 /2.321632027 =  132,912.13  

Equivalent annual cost = $132,912.13

Machine B

PV of annual operating cost = 12,000 × (1- 1.14^(-2)/0.14= 19759.92613

PV of total cost = 180,000   + 19759.92613 =  199,759.93  

Equivalent annual cost =  199,759.93 /1.6466=$121,312.15  

Equivalent annual cost = $121,312.15

Machine B should be purchased because it has a lower equivalent annual cost

Total PV of cost

6 0
3 years ago
Which of the following is a suggested policy on executive smartphone use?
azamat

Answer:

B. all of the above

Explanation:

Suggested policy on executive smartphone use:

  • Smartphone configuration and archiving policies.
  • A mandatory password requirement for smartphones.
  • A stated policy on deleting messages on smartphones
3 0
3 years ago
Two athletes of equal ability are competing for a prize of $10,000. Each is deciding whether to take a dangerous performance-enh
Degger [83]

Answer:

a) attached below.

b) for $x < $5000 will cause taking the drug to be part of the Nash equilibrium

c) will make the athletes feel better because the value their payoff will increase

Explanation:

<u>a) 2 * 2  payoff matrix  describing the decision faced by the athletes </u>

attached below

when both players take the drug the payoff for each player = $5000 - x

when neither player  takes the drug the payoff for each player = $5000

When only one player takes the drug his payoff = $10000 - x

<u>b) If we consider the value of $x to be involved in the Nash equilibrium then </u>

; $5000 - $x > 0  becomes the best response

hence for $x < $5000 will cause taking the drug to be part of the Nash equilibrium

c) Lowering the negative effect of the drug ( i.e. when the value of x is reduced )

will make the athletes feel better because the value their payoff will increase

5 0
3 years ago
Ano ang kasingkahulugan ng naalimpungatan.​
topjm [15]
Im sorry , i don’t understand .
but have a good day <33
7 0
3 years ago
George is ready to launch a designer tie collection under his own brand name. He now has to decide the right market price for hi
kondor19780726 [428]

Answer:

B. the amount the customer can pay

Explanation:

Pricing is one of the 4 P's of marketing mix. It involves assigning the right value to one's goods and services. Choosing the right price on a product will determine the success of the business because if it is too high, customers will not afford it and therefore not be willing to buy it. However, if it is priced right and it meets their needs, they will most likely buy it , making choice B correct.

8 0
3 years ago
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