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Zinaida [17]
2 years ago
14

Game theory assumes that: Group of answer choices firms anticipate rival firms' decisions when they make their own decisions. fi

rms ignore rival firms' decisions when they make their own decisions. a firm will always follow the pricing strategy of the dominant firm in the industry. markets are contestable because there are no barriers to entry.
Business
1 answer:
muminat2 years ago
3 0

Answer:

firms anticipate rival firms' decisions when they make their own decisions.

Explanation:

Game theory assumes that firms anticipate rival firms' decisions when they make their own decisions. It is very important and necessary for understanding firms operating in an oligopolistic market.

An oligopoly can be defined as a market structure comprising of a small number of firms (sellers) offering identical or similar products, wherein none can limit the significant influence of others.

Hence, it is a market structure that is distinguished by several characteristics, one of which is either similar or identical products and dominance by few firms.

This ultimately implies that, under the game theory, when firms makes a decision about their business, it is expected that they consider how the other firms would react to such decisions.

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erastova [34]

Answer:

Falta que pongas la foto

4 0
2 years ago
To what extent do stakeholders influence a plan and subsequent implementation of organization restructuring that accommodates ch
nydimaria [60]

Answer: None of the above

Explanation:

None of the options seem to be correct.

Stakeholder is the people who are interested in the the decision made by an organization. When a change takes place in an organization, the stakeholders are affected by such change. Stakeholders include board, managers, shareholders, workers etc.

The first option is wrong as stakeholders are incidental to the change process. They're always ever present in the change process.

The second option is wrong as well. Some stakeholders are decision makers and can influence the potential outcome of organizational restructuring. e.g board etc.

The third option is also incorrect. This is because stakeholder expertise in managing change should be considered by change leaders in the planning of adaptable organizational structures. Some stakeholders are expertise in change management and their knowledge is needed when there is planning of adaptable organizational structures.

That means we're left with only the Fourth option which is the right answer.

8 0
3 years ago
What does the last paragraph in a cover letter deal with ?
scoundrel [369]
Answer:

contact

Explanation:

The closing paragraph of a cover letter is where you can mention your contact information and request for an interview.
4 0
3 years ago
This year Luke has calculated his gross tax liability at $1,800. Luke is entitled to a $2,400 nonrefundable personal tax credit,
Fantom [35]

Answer:

Luke's net tax due or refund is $2,900

Explanation:

In order to calculate Luke's net tax due or refund we would have to make the following calculation:

Luke's net tax due or refund=Luke's non refundable credit+income taxes withheld from his salary

Luke's non refundable credit=non refundable personal tax credit-gross tax liability

Luke's non refundable credit=$2,400-$1,800

Luke's non refundable credit=$600

Therefore, Luke's net tax due or refund=$600+$2,300

Luke's net tax due or refund=$2,900

Luke's net tax due or refund is $2,900

6 0
3 years ago
Which of the following help to build credit?
solniwko [45]

Answer:

Good rental history and employment stability are two things that help to bulid a good credit score.

6 0
1 year ago
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