Answer:
Smartphone Market
Apple, Google, and Blackberry:
This analysis is consistent with the industrial organization model:
a) True
Explanation:
Industrial organization is the application of the economic theory of price, the structure of markets, and the strategic moves by firms to industrial analysis. According to investopedia.com, "Industrial organization is a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition."
The industrial organization model is a way of explaining the forces outside an organization that exert influences on a firm's strategic actions. It is based on the assumptions that decision-makers act rationally, have mobile resources that they control, and that pressures and constraints are imposed by the external environment.
Answer:
negative inequity
Explanation:
Wayne is probably mad at his employers, sad about what happened and disappointed at the same time.
Negative inequities happen when what you perceive as your inputs or efforts towards achieving a goal are greater than the effort that others put into achieving the goal. Negative inequities are perceived as unfair results.
Answer:
See below
Explanation:
With regards to the above information, current value of the week of supply is calculated as shown below;
The week of supply Informs the manager how long the current on hand varies
= $228 ÷ $231
= 0.99 weeks
Answer:
Equilibrium quantity Increase
Explanation:
Equilibrium quantity is the level of supply that's meet the market demand of a product. At equilibrium quantity, there is no excess supply nor shortage in quantity supplied.
Should the cost of producing wheat decline, farmers will supply more wheat in the market. An increase in supply without a corresponding increase in demand results in reduced prices. Many suppliers will complete with few buyers. Due to a decline in prices, the equilibrium quantity increases because farmers will sell more quantities at the new low prices. The supply and demand curves will intersect a higher position in the graph, reflecting the new point where increased supply meets the demand at lower prices.
Answer:
1.806
Explanation:
The computation of expected payoff value is shown below:
= Worth of sports car × probability of winning from a single bottle purchase + payoff from a loss × (1 - probability of winning from a single bottle purchase)
= $215,000 × 0.0000084 + 0 × (1 - 0.0000084)
= 1.806 + 0
= 1.806
We simply applied the above formula to determine the expected payoff value