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
Elanso [62]
3 years ago
13

Suppose that Boeing and Rolls-Royce Holdings are the sole producers of a particular jet engine. The two firms currently charge t

he same price for their products. If neither firm reduces the price of its engine, each firm earns $36 million in profit. If both firms reduce their prices, then each firm will earn $10 million in profit. If one firm reduces its price and the other does not, then the firm that reduces its price will earn a profit of $50 million while the other firm will earn a profit of $5 million. If the firms can operate as a cartel, then
Business
1 answer:
Reil [10]3 years ago
3 0

Answer:

each firm reduces its price.

You might be interested in
Charles owns a water pump. Because pumping large amounts of water is harder than pumping small amounts, the cost of producing a
timofeeve [1]

Answer:

Cost of each bottle of water is $7.

Explanation:

This is the case for economies of scale. When Charles produce 1 bottle of water, it costs him $1 per bottle, when 8 bottles are produced it costs him  $7. The cost per bottle of water reduces as units increases.

3 0
2 years ago
You would like to generate a number of potential ideas. What type of thinking would best facilitate this?a. Egocentric Tendencie
hammer [34]

Answer:

The correct answer is letter "C": Critical Thinking.

Explanation:

Critical Thinking is the type of thinking that allows individuals to discriminate and have a particular judgment over a specific matter. It helps by determining accuracy and validity on that topic by gathering a certain quantity of information to then highlight the most relevant.

7 0
2 years ago
2.22 pts
RSB [31]

Answer:

A trade off or it may be D opportunity at the maegin

7 0
2 years ago
Which of the following agencies protects human health and the natural environment? A. The FTC B. The EEOC C. The CPSC D. The EPA
Alla [95]
D.) The EPA

The United<span> States Environmental Protection Agency(EPA)</span><span> is an agency made by the </span>federal<span> government of the </span>United<span> States for the purpose of protecting human health and the environment by writing and enforcing regulations based on laws passed by Congress.</span>
5 0
3 years ago
Read 2 more answers
John F. Kennedy believed that a leader should be _____. A. elected B. successful C. a lifelong student D. in the military
Zielflug [23.3K]

Answer:

B. successful

Explanation: John F. Kennedy believed that a leader should be _____.

7 0
2 years ago
Read 2 more answers
Other questions:
  • While driving, the heel of your right foot should be
    15·2 answers
  • The second step in creating a budget is to determine your income. user: the second step in creating a budget is to determine you
    9·2 answers
  • Adjust the separate financial statements of Parent Inc. to reflect the proposed acquisition. Adjust Parent's pro forma 2019 fina
    14·1 answer
  • Three institutions that deal with human rights violations
    6·1 answer
  • Technological advances are difficult to predict. One great advance can replace or substitute for existing products in a relative
    14·1 answer
  • Selected information from Gerrard, Inc.’s financial activities in the year 2004 was as follows: Net income was $330,000. The tax
    6·1 answer
  • Blackstone Technology is planning to invest in some project using external equity. The company has a beta of 1.1. The return on
    15·1 answer
  • You are asked to push a particular viewpoint with a client. The request makes perfect business sense but you happen to not belie
    8·1 answer
  • Moon Company owns 56 million shares of stock as a long-term investment in Center Company and Moon does not have significant infl
    9·1 answer
  • Rohan wants to buy part of a company, and is interested in stocks. He knows that his favorite company, Apple, is traded on the s
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!