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neonofarm [45]
3 years ago
12

If a Cournot duopolist announced that it will double its output A. the other firm will double output also. B. the other firm doe

s not view the announcement as credible. C. the other firm will shut down. D. it becomes the leader.
Business
1 answer:
jekas [21]3 years ago
7 0

Answer:

B) the other firm does not view the announcement as credible

Explanation:

The reason is that the other firm thinks that the announcing firm will make losses as it will not be able to sell the products in an imperfect market where both the firms have identical cost functions and knew all about the cost. So increasing the production when the demand is the same will decrease the price of the product and result in increased losses to the announcing company.

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jim root company operates four bowling alleys. the business just received the ​, ​, bank statement from city national​ bank, and
Damm [24]

Listed on the statement are an EFT rent collection of $440, a service charge of $7, NSF checks totaling $50, and a $23 charge for printed checks.

<h3>What is statement?</h3>

Frequently used in the field of project management is a statement of work (SOW). The work demand for a project is described in narrative form. For a vendor offering services to the client, it specifies project-specific tasks, products, and deadlines. Standard regulatory and governance terms and conditions, together with specific criteria and price, are usually included in the SOW. A master service agreement or request for proposals frequently have it as an essential annex (RFP).

For the hardware or software solutions outlined in the request for proposals, numerous statement of work document template formats and styles have been developed. Many businesses develop their own specialized or generalist SOWs that are specifically tailored to meet the requests and proposals they typically receive.

To learn more about statement from the given link:

brainly.com/question/25938417

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6 0
1 year ago
When direct materials are used in production, costs are assigned by debiting Work-In-Process Inventory and crediting __________.
astraxan [27]

Answer:

finished goods

Explanation:

I would assume finished goods. At a multiple process step company, you would again credit WIP materials

7 0
3 years ago
A human resources department could assume the staffing function of management. <br> True <br> False
777dan777 [17]
The answer is True
hope it helps!
4 0
3 years ago
A way of buying, in which you can purchase goods or services and pay later, is called:
Trava [24]
A credit Xdxdxxdxdxdxd
5 0
3 years ago
If the equilibrium price of avocados is $4 and the government issues a price ceiling of $4.50, what is likely to happen in the m
Marat540 [252]

Answer:

A surplus of avocados will result from the price ceiling.

Explanation:

A price ceiling is when the government or an agency of the government sets the maximum price for a good or service.

A price ceiling is binding when it is set below equilibrium price.

The price ceiling ($4.50) is less than the equilibrium price ($4) of avocados. As a result, surplus would increase. The supply of avocados would exceed the demand because price ceiling is above equilibrium price

6 0
3 years ago
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