Answer:
b. both firms will reduce their price.
Explanation:
The Nash equilibrium is a decision-making theorem that lies inside the game theory where the player could attain the expected result by not deviating to the beginning strategy. In this, the strategy of the each player is optimal at the time when the other player decisions are relevant
So as per the given situation, both the firm should decrease their price
hence the option b is correct
If a visitor arrives and they have an appointment, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
<h3>What should you do when a visitor has an appointment?</h3><h3 />
In customer service, the visitor should be made to feel comfortable while they wait for their appointment as this is not only the right thing to do, but it gives the visitor the right impression about the company.
There are several ways to make a visitor feel comfortable such as:
- Offering them a seat in a waiting area.
- Offering refreshments such as water or a non-alcoholic beverage.
- Ensuring that reading material is available to keep the visitor company.
You should also endeavor to keep checking in on them and giving them updates about their meeting, while they wait for their appointment time to reach.
In conclusion, when a visitor with an appointment arrives, you should A. make the visitor feel comfortable and visit with him or her until it is time for the visitor's appointment.
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<span>It is a precautionary principle when industrial activity poses a risk,
even if the threat is as yet poorly understood, prudence calls for restraint. set
of methods and procedures for aligning corporate strategies, policies, and
operations with principles that protect ecosystems. </span>
Answer:
1 million.
Explanation:
Employers are generally allowed to deduct reasonable compensation paid to employees, but the level of deductible compensation is limited to a maximum of $ 1,000,000 for the CEO, CFO, and the next three highest paid officers of publicly traded corporations unless certain exceptions are met.
Answer:
5.38 %
Explanation:
WACC = Cost of Equity x Weight of Equity + Cost of Debt x Weight of Debt
where,
Cost of Equity = 9.00 % (given)
After tax Cost of Debt = 6% x (1 - 0.21) = 4.74 %
Market Value of Equity = 1/5 x $13 million = $2.6 million
Weight of Equity = $2.6 million / $11.6 million = 0.22
Weight of Debt = $9 million / $11.6 million = 0.76
therefore,
WACC = 9.00 % x 0.22 + 4.74 % x 0.76
= 5.38 %
thus
the company’s WACC is 5.38 %