Answer:
Hosted tour
Explanation:
A hosted tour is one in which a tour representative only meets with the tour travelers when they need to see him or her. A tour representative who is the "host" is usually the one in charge of the tour.
Tradeoffs in cost involve examining the development of alternative designs, methods of production, and the required industrial base capability.
A tradeoff is a condition where a company must choose between the existing options in making a business decision. A company often faces a tradeoff situation.There are several considerations related to the cost decision making.
These considerations are the production design, method, and capability. Thus, the production method is the most appropriate answer.
Each party has legal obligations in the agreement/contract, and which they connectedly exchanged of value whether it was a product, service, money, etcetera.
Credit the "bond payable" liability account for the total face value of the bonds and debit cash for the same amount.
Answer:
pricing low
yes
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
if either firm charges high, they either earn 11 million or 2 million.
if either firm charges low, it would earn either 15 million or 8 million.
because the payoffs of charging low is higher than the payoffs of charging high, the best strategy is for the firms to charge low if there is no cooperation.
the game is a prisoners dilemma because the choice the firms make isn't the choice that will yield the highest payoffs. the choice that would yield the highest payoffs is to both charge high prices.
