Answer:
a. Cournot oligopoly
b. Stackelber oligopoly
c. Bertrand oligopoly
Explanation:
a.
In Cournot's oligopoly model, companies will make similar decisions to their competitors, including the amount produced by each company. A perfect competition situation occurs, where there is no differentiation and the balance is not influenced by market supply and demand, but by the action similar to the competitor, companies estimate how much each competitor will produce and thus determine their level of production to increase. your profits.
b.
Stackelberg's model is based on imperfect competition, meaning there is no cooperation between companies, whichever is the most recognized with the highest brand value and the most capable of leading the market will be responsible for establishing the quantity produced, and so the others will observe the lead company's decision to decide their production quantity from there.
c.
Bertrand's model is also characterized as imperfect competition, where there is no cooperation and differentiation between products, in this model the strategic focus is on price rather than quantity. Consumer buying behavior will be influenced by the company that sets the lowest price, so equilibrium will occur when companies set the same price.
Like I’m going to increase my production by 100%
Answer:
b.$5,912.50
Explanation:
The computation of the operating income is shown below:
= Sales - Direct materials cost - Direct labor cost - Manufacturing overhead cost - Total selling and administrative expense
where,
Sales = Number of units × selling price per unit
= 825 units × $74.80
= $61,710
Direct materials cost = Number of units × Direct materials per unit
= 825 units × $13
= $10,725
Direct labor cost = Number of units × Direct labor per unit
= 825 units × $13
= $7,260
Manufacturing overhead cost = Number of units × Manufacturing overhead per unit
= 825 units × $16.50
= $13,612.50
And, the Total selling and administrative expense is $24,200
Now put these values to the above formula
So, the value would equal to
= $61,710 - $10,725 - $7,260 - $13,612.50 - $24,200
= $5,912.50
This action could have been caused by writing off an uncollectible account.
A write-off can be described as the removal of an accounts receivable that cannot be collected which was put in the general ledger.
If an account is uncollectible, then it means that the amount that would not be collected would be eliminated. It also means that a previous allowance balance is going to get reduced.
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A company's structure should be aligned with its strategy.
Aligning a company's structure to its approach is critical for strategy execution success. The organization structure needs to assist the strategy and its execution. while possible, management must make sure that the company structure is obvious, decentralized, and formalized.
A company's structure is about converting its organizational structure to benefit a competitive part in a patron fashion. This new client conduct could be very profitable, and the agency sees the sales that may stem from it. Entrepreneurial is not a diagnosed form of organizational structure. Intrapreneurs are personnel who work inside a business in entrepreneurial ability, developing progressive new merchandise and procedures for the organization.
A traditional line organizational shape is simply the location to start for most groups, especially the smaller ones that don't always comprise a considerable range of departments or require the main variety of hyperlinks within the chain of conversation.
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