Answer:
D
Explanation:
You must first understand what you are benchmarking against in order to have an effective control system
Answer:
contract s not acceptable
Explanation:
Given data:
worth of CCTV coverage contract = $ 80,000
Coverage Cost = $ 74,000
Interest rate = 8.5%
Present value of the CCTV coverage is PV
As we can see from above calculation that present value of receivable amount is less than current cost, hence the contract is not acceptable
Answer: Please see below for answer
Explanation:
Jones
Advertise NOT to advertise
Smith Advertise 8,8 12,6
NOT to advertise 6,12 10,10
To show that advertising is a dominant strategy.
Here if smith advertises, the best option is for Jones to advertise too since Jones will be getting a high pay off of $8million. when Smithy fails to advertise, the best option is for Jones to stll advertise sinvehe will be getting a higher payoff of $12 million. The dominant strategy is for Jones to advertise.
In the same vein, if Jones advertises, the best option for smith is to advertise too since he will get a high pay off same with ones at $8million. and if Johns fails to advertise, Smith should still advertise since he will be getting a higher pay off of $12million than $6million making the dominant strategy for smith to be in favor of advertisement.
This shows that advertising is a dominant strategy as a higher payoff is guaranteed.
b) If the government places a ban on cigarette ads, both firms will receive $10 million as neither of them will be able to advertise , than when both firms advertise with a pay off of $8million. The two firms should favor the ban as they will receive a higher payoff if both do not advertise.
Answer:
u&v
Explanation:
helps you etc .............
During a business cycle expansion, total production increases and total employment increases.
<h3>
What does "business cycle" mean?</h3>
- Business cycles are a sort of variation that may be observed in the overall economic activity of a country.
- A business cycle is made up of expansions that occur roughly at the same time in many different economic activities, followed by contractions that are similarly widespread (recessions).
- This series of modifications is periodic but not recurring. Economic activity goes through periods of boom and then contraction during business cycles.
- Both the general welfare of society and the welfare of private entities are affected by these developments.
To learn more about business cycles, refer to the following link:
brainly.com/question/26086110
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