Answer: B. Both firm A and firm B choose the low price.
Explanation:
Both firm A and Firm B will choose the low price and make profits of $3 if there is no cooperation.
This is because at any other price, the other firms could go with the low strategy and get more profit.
For instance, if Firm A is using a low price and Firm B is using a high price then Firm A makes profit of $10 whilst B makes $1.
Conversely, if Firm B charges a low price and A a high price, A will make paltry profits of $1 while B would make $10.
Their best option therefore is to both pick the low price and make $3.
If they were cooperating they could both charge a high price and make $5 each.
Your question was incomplete so I attached the payoff matrix.
Answer:
The correct answer is
a) how would you expect the monetary policy curve to be affected, if at all?
the MP curve will shift downward because decreasing unemployment results in a loosening of monetary policy
.
b) what would be the effect on the aggregate demand curve?
the AD curve will shift to the right .
good luck
Answer: Rachel should produce pie and Joey should produce bread.
Explanation:
Rachel can make 1 loaf of bread in 2 hours and 1 pie in 1 hour. Therefore, Rachel can take less time to produce 1 pie as compared to 1 loaf of bread, as a result she should produce pie.
Joey can make 1 loaf of bread in 4 hours and 1 pie in 4 hours. Therefore, Joey can take same time for producing either pie or bread. But he has only one option to produce bread.
So, Rachel is specialized in producing pie and Joey is specialized in producing bread in order to maximize their combined output.
I think the answer would be C because career is based on your background education, education is free because your parents pay taxes, and number of dependents doesn’t affect could be an answer choice, but wouldn’t be the best answer choice. Based on your skills, you can live in a lavish house and buy nice things through ur personal finance and if you skills are bad it can affect your future like where you live and limit the things you can buy.
Answer:
Glass ceiling
Explanation:
An invisible barrier of discrimination that keeps women from advancing to higher levels with companies is the "glass ceiling" as generally, everyone knows. Women in the workforce are confronted beside "<u>the glass ceiling</u>." In this women are restricted from initiating the progression, chiefly to the administrative rankings, inside their organization. Inside the last 20 years, women who are enhancing extra intricate including relevant in enterprises moreover companies infrequently stayed in the managing ranks. Gentlewomen in most companies incorporate beneath five percent of the cabinet of executives as well as corporate leadership positions.