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Dovator [93]
3 years ago
11

MegaCable and Acme are competing for an exclusive contract to provide the city of Dustin with cable television for the next year

. The firm that wins the contract will earn an economic profit of $5 million. The contact will be awarded to the firm that spends the most on lobbying. If both firms spend the same amount on lobbying, then the winner will be determined by a coin flip, so each will have a 50 percent chance of winning. If both firms refrain from spending anything on lobbying, the expected profit from the contract is:
A)$5 million.
B)$2.5 million.
C)$2 million.
D)$1 million.
Business
1 answer:
raketka [301]3 years ago
5 0

Beatauwi Btrdssryyfzssrrtyxdci

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Common misconception about entrepreneurship
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Answer:

1. Entrepreneurs can only be successful if they have large funding backing them.

2. Entrepreneurs have cushy hours.

3. Entrepreneurs have to do everything themselves.

5. Entrepreneurs have to take huge risks.

7. Entrepreneurs are never stressed out.

8. Entrepreneurs are all wealthy.

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4 0
3 years ago
Gullett corporation had $44,000 of raw materials on hand on november 1. during the month, the corporation purchased an additiona
Zina [86]

Answer:

Dr Raw materials $93,000

Cr Accounts payable $93,000

Explanation:

Based on the information given we were told that during the month, the corporation had to purchased an additional raw materials of the amount of $93,000 which means that the journal entry to record the purchase of raw materials would include a:

Dr Raw materials $93,000

Cr Accounts payable $93,000

(To record purchase of raw materials)

4 0
4 years ago
When people are employed but are treated differently once employed, receiving few job-related rewards, resources, or opportuniti
Dafna1 [17]

Answer:

treatment discrimination

Explanation:

Treatment discrimination is a discrimination against people. It is also known as Disparate treatment and may be defined as one type of the unlawful discrimination in the United States labor law. In US, this discrimination means any unequal behavior towards some employee because of a particular caste, color, race, region or gender which is provided under the Title VII of the United States Civil Rights Act.

Treatment discrimination is the discrimination shown to the people especially the blacked people as they are paid less for equal work as compared to whites.

5 0
4 years ago
Fish and chips are complementary goods. what would shift the demand curve for chips to the left?
Dimas [21]

Answer:

Vegans

Explanation:

4 0
3 years ago
One result of increased globalization is increased educational opportunities for women how has this affected their status in the
Kaylis [27]

Globalization has led to women occupying leadership positions in the country.

<h3>What is Globalization?</h3>

Globalization is the spread of information, people, technology and knowledge across national borders.

As a result of globalisation, women's rights are better recognised. This has led to an increase in the education of women. Women now have the choice of been homemakers or taking up leadership positions.

To learn more about globalization, please check: brainly.com/question/12646918

#SPJ4

8 0
2 years ago
Read 2 more answers
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