1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
I need help with Family and Consumer Science questions! If you do not know do not answer!
irinina [24]
The way brain cells connect and develop will be influenced by a newborns experience with adults and the environent
5 0
3 years ago
What is online bill payment
GrogVix [38]
Electronic billing<span> or electronic </span>bill<span> payment and presentment, is when a company, organization, or group sends its bills over the </span>internet.

Hope this helps. Mark brainlist?
4 0
2 years ago
Read 2 more answers
A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as _______________________
tester [92]

Answer:

a. Civil, procedural, and public.

Explanation:

A statute that imposes a 10-year jail sentence for driving while intoxicated would be best classified as civil, procedural, and public.

7 0
3 years ago
If an organization ensures that a chain of command or hierarchy is well established, which characteristic of an effective bureau
Vika [28.1K]

I believe the correct answer is Hierarchical Authority

Wеbеr's thеοriеs, dеvеlοpеd at thе turn οf thе 20th cеntury, hеlpеd dеfinе thе еcοnοmic and pοlitical systеms еmеrging frοm thе highly cοncеntratеd authοrity οf hеrеditary rulеrs and thеir suppοrtеrs. Thеy dеfinеd many 20th-cеntury institutiοns. Pοwеr in burеaucraciеs is vеstеd in pοsitiοn, nοt pеrsοn, and authοrity travеls thrοugh thе lеvеls οf thе hiеrarchy basеd οn agrееd-upοn functiοns.

3 0
3 years ago
Read 2 more answers
Katie can mitigate the problem without alerting the new owners or let them know about this new disclosure and possibly delay or
slava [35]

Answer:

Ethical

Explanation:

The ethical dilemma means the uncertainties form that developed due to violation of the moral standard that would be held in our life

It would be considered right when she tells to the client regrading the mice problem but she is discouraged as she know that if she do this than she would mess up with the sales that decrease the salary

So this given situation represent an ethical dilemma

7 0
2 years ago
Other questions:
  • John and Jean are married and decide to open three separate accounts for their money. What is the most likely reason for their d
    5·2 answers
  • Dawn Corp. uses a standard cost system. During the year, both the labor rate variance and the labor efficiency variance were unf
    8·1 answer
  • In the relationship depicted by the curve Productivity1, which of the following statements are true regarding the relationship b
    6·1 answer
  • A strong organization culture is one in which lower-level employees do not concern themselves with the firm's goals, priorities,
    14·1 answer
  • 4. Boeing just signed a contract to sell a Boeing 737 aircraft to Air France. Air France will be billed €20 million which is pay
    14·1 answer
  • The following is national income account data for a hypothetical economy in billions of dollars: gross private domestic investme
    14·1 answer
  • However, the debt issues also raises the probability of bankruptcy. You company has a 30% chance of going bankrupt after 3 years
    10·1 answer
  • In 1969, Malcolm bought a Pontiac Firebird for $2,500. If the price index was 36.7 in 1969 and the price index was 235 in 2013,
    14·1 answer
  • In 1945, an African American family tries to purchase a home in a White neighborhood, but realtors and mortgage lenders refused
    12·1 answer
  • What is the mindtap learning path most similar to?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!