Answer: Please see below for answer
Explanation:
Jones
Advertise NOT to advertise
Smith Advertise 8,8 12,6
NOT to advertise 6,12 10,10
To show that advertising is a dominant strategy.
Here if smith advertises, the best option is for Jones to advertise too since Jones will be getting a high pay off of $8million. when Smithy fails to advertise, the best option is for Jones to stll advertise sinvehe will be getting a higher payoff of $12 million. The dominant strategy is for Jones to advertise.
In the same vein, if Jones advertises, the best option for smith is to advertise too since he will get a high pay off same with ones at $8million. and if Johns fails to advertise, Smith should still advertise since he will be getting a higher pay off of $12million than $6million making the dominant strategy for smith to be in favor of advertisement.
This shows that advertising is a dominant strategy as a higher payoff is guaranteed.
b) If the government places a ban on cigarette ads, both firms will receive $10 million as neither of them will be able to advertise , than when both firms advertise with a pay off of $8million. The two firms should favor the ban as they will receive a higher payoff if both do not advertise.
Answer:
the correct answer is A. engaged in direct selling but is part of an indirect channel.
Explanation:
if you can see, ravi is actually dealing with his customers head on and maintain a direct and friendly relationship with them, the question states that he even makes presentations to customers at their homes. so there is no doubt that he is engaged in direct selling!
but the indirect channel he use is the way he gets the goods to sell. here he buys them from a supplier and sell them at a markup price. although this might be an indirect way, it does not mean that he is not engaged in "direct marketing". marketing aspect relates to how the seller is engaging with the market and customers.
There are several reasons why this type of projects are nearly impossible to stop once they have been approved, even when costs skyrocket.
First, it is difficult to stop these projects because, when these start, a lot of moeny is put into them. When the cost begins to skyrocket, people believe that to stop the project would mean wasting all the money already invested. This prevents people from stopping the projects.
Another reason is the fact that many different companies, investors and institutions are involved in these projects. Coordination is difficult, and pmany parties have a vested interest in the completion of such works. This makes it difficult for the different parties to agree on the right moment to stop.
Answer:
Debit Income Summary $84,800, Credit High Step Shoes, Capital $84,800
Explanation:
Preparation of what The entry to close the Income Summary account at the end of the year, after revenue and expense accounts have been closed, is:
Debit Income Summary $84,800
Credit High Step Shoes, Capital $84,800
($192,000-$107,200)
(To close the Income Summary account )
The correct answer of the given question above is option D. Phone service upgrade are not affected by a person's credit score. Mortgage rates, apartment rent and credit card rates are all affected by one's credit score. A credit score is the numerical basis by which the person is being analyzed based on her credit files which would determine his or her credit worthiness.
