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ioda
3 years ago
12

Martha and Oleg are competitors in a local market and each is trying to decide if it is worthwhile to advertise. If both of them

advertise, each will earn a profit of $5,000. If neither of them advertise, each will earn a profit of $10,000. If one advertises and the other doesn't, then the one who advertises will earn a profit of $8,000 and the other will earn $7,000. What is Martha's dominant strategy
Business
1 answer:
ad-work [718]3 years ago
5 0

Answer: Martha does not have a dominant strategy

Explanation:

A dominant strategy is one that a player can embark on and get the highest payoff regardless of the actions of their competitor.

In this scenario, there is no strategy that Martha can embark on that would provide the greatest payout regardless of Oleg's decision. If Martha advertises, Oleg makes the same amount advertising as well. If Martha does not advertise, Oleg would decide not to advertise as well and make the same amount.

Martha therefore has no dominant strategy as Oleg would make the same amount regardless of which decision is taken.

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he Triffin paradox warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long ru
Zarrin [17]

Answer: all of the options

Explanation:

Triffin paradox simply explains the economic interests conflicts that are faced by the countries that have their currencies been used as standards for global currencies.

The Triffin paradox was first proposed by Professor Robert Triffin. He also

warned that the gold-exchange system of the Bretton Woods agreement was programmed to collapse in the long run and was also responsible for the eventual collapse of the dollar-based gold-exchange system in the early 1970s.

7 0
3 years ago
The the utilitarian, individualism, moral rights, and justice views offer different approaches to moral reasoning; each takes a
Aliun [14]

Answer and explanation:

Utilitarianism, individualism, moral rights, and justice alone are not better than one another. Managers must use the four of them as tools to build ethical behavior at work but the challenge comes in knowing when to apply each one according to the situation.  

Utilitarianism emphasizes common wellness and the maximization of satisfaction while individualism prevails the moral worth of individuals. Moral rights and justice can be provided both in groups and for each member of a given group.

Thus, <em>some of the moral approaches mentioned can be applied when dealing with employees separately while others collectively.</em>

8 0
3 years ago
Becky had net sales (all on account in 2014 of $600,000. at december 31, 2014, before adjusting entries, the balances in selecte
olchik [2.2K]
Given:
Net sales: 600,000
Accounts receivable: 750,000 debit
allowance for doubtful accounts: 1,500 debit
3% of the net sales will prove uncollectible

600,000 x 3% = 18,000

Net Realizable Value of the receivables to be reported on the financial statements at December 31,2014 is 733,500.

750,000 - 18,000 + 1,500 = 733,500




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4 0
3 years ago
During 2020, Lincoln Company hires 21 individuals who are certified to be members of a qualifying targeted group. Each employee
Ivan

Answer: $50400

Explanation:

Based on the information given in the question, it should be noted that Lincoln Company can take full credit due to the fact that the workers work for more than 400 hours

Therefore, the work opportunity credit will be claimed as 40% of the first $6,000 and this will be:

= (40% × $6000) × 21

= $2400 × 21

= $50400

5 0
3 years ago
describe how tge trace on the screen of a cathode ray oscilloscope is produced .in your own words give reference to the followin
padilas [110]
^^^ the person above is is correct! Brainliest then
4 0
3 years ago
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