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Inessa [10]
3 years ago
14

Do Not Change Subscription Price Increase Subscription Price

Business
1 answer:
stealth61 [152]3 years ago
4 0

Answer:

e. There are no dominant strategies in the above payoff matrix

Explanation:

a) Payoff matrix

                                                Do Not Change        Increase Subscription

                                              Subscription Price              Price                                              

Do Not Change Subscription

                 Price                        $500      $400            $200     $700

Increase Subscription Price    $600       $300           $300      $100

The players in the matrix payoff game are Daily Voice and Town Herald.

b) There is no dominant strategy that absolutely favors either Daily Voice or Town Herald in this matrix.  A dominant strategy will exist if one party is always better off under a particular strategy regardless of the strategy the other party chooses.

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Special Order Nature's Garden, a new restaurant situated on a busy highway in Pomona, California, specializes in a chef's salad
Bond [772]

Answer:

a.

Average cost per meal = Variable cost per meal + Fixed cost allocated to one meal sold = $4 + Total fixed cost/ Number of meals sold per day = $4 + 1,200/750 = $5.60.

b.

Price per one meal as per the leader of the Scout = 150/30 = $5

As the selling price is $0.60 lower than the average cost per meal ($5-$5.60), the owner has come up with the loss of $0.60 per meal served under the Scout leader's suggestion.

However, his calculation is not reasonable, because among the $5.60 cost per meal, there is a factor of allocated fixed cost equals to $1.6 per meal which will incurred regardless of the suggestion being accepted or not.

Given his restaurant does not run at full capacity, his profit per one meal from accepting the offer should be calculated as Price per one meal as per Scout leader offer - Variable cost per one meal = $5 - $4 = $1.  

Explanation:

3 0
4 years ago
Which of the following is an example of communicating with customers?
blondinia [14]

Answer:

C. because customers can show up to see what's going on you can interact with them talk to them about your product/business.

4 0
3 years ago
Under the utilitarian model of ethics, the following is true: a. Ethical decisions involve producing the best outcome for manage
yKpoI14uk [10]

Answer:

The answer is b) The use of a cost benefit analysis for alternative actions is undertaken.

Explanation:

The concept or idea behind the utilitarian model of ethics is that what is right should be separated from what is wrong by using the outcome of action as basis of judgement. The aim of the act should be the greatest good for the greatest number of people. In options A and C, the outcome benefits only a specified or particular group of people whereas option B, the use of cost-benefit analysis, which is one of the main areas that applies utilitarianism is businesses, best suits this ideology.

8 0
3 years ago
Read 2 more answers
What is one typical effect of growth for a business?
stepan [7]

Answer: The advantages would be efficiency and accountability; the disadvantages would be resource hoarding and low quality.

Explanation: There will be more trust between workers and indivuals, more accountability as well.

3 0
3 years ago
Inez was content with her job at Pieces Packaging until the company added two levels of supervision, lowered bonuses, and decrea
nasty-shy [4]

Answer:

hygiene

Explanation:

<em>A hygiene factor is what characterizes the environment of an individual's work, this includes policies, relationships between co-workers, security, supervision, etc.</em> In the question given Inez's dissatisfaction is due to these factors that were changed by her company.

I hope you find this information useful and interetsing! Good luck!

3 0
3 years ago
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