Answer:
1.) For Firm A: - B. Strategy 2 is a dominant strategy
A strategy is a governing strategy for a performer if it yields the best payment (for that player) no matter what strategies the other performers choose. Firm A receiving total payment of 30 from Strategy 2 as associated to 18 from Strategy 1.
2.) For Firm B: - A. Strategy 1 is a dominant strategy
A strategy is a governing strategy for a performer if it yields the best payment (for that player) no matter what strategies the other performers choose. Firm B getting total payment of 28 from Strategy 1 as associated to 22 from Strategy 2.
3.) D) Firm A chooses Strategy 2 and Firm B chooses Strategy 1.
Answer:
A. $ 450 comma 000
Explanation:
In order to compute the fixed cost per month first we have to determine the variable cost per unit which is shown below.
Variable cost per hour = (High total cost - low total cost) ÷ (High production volume - low production volume)
= ($710,000 - $550,000) ÷ (13,000 units - 5,000 units )
= $160,000 ÷ 8,000 units
= $20
Now the fixed cost equal to
= High total cost - (High production volume × Variable cost per unit)
= $710,000 - (13,000 units × $20)
= $710,000 - $260,000
= $450,000
We simply applied the above formula
Answer:
D) Sole proprietorship
Explanation:
Sole Proprietorship offers the <em>quickest decision-making</em>, because a sole proprietorship consists of only 1 owner, which means that the decision is only required to be made by the owner, and not by other people. This offers the quickest decision-making.
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Answer:
- researchers tend to treat the problem as if it were in their home environment
- researchers underestimate the influence of local culture on a problem
Explanation:
Both economic and cultural differences between countries can affect greatly a market research process, and they must be addressed before the research starts.
For example, the names of many western products do not sound or mean good things in Chinese and in order to perform a good market research the name must be adapted before starting the research process. Coca Cola had to change its name before any research could be done because it sounded like toad wax (whatever that is in Chinese) and ended up with Kekou Kele which means "let your mouth rejoice". If the researchers had tried to ask anyone about their toad wax tastes it probably would have resulted in a very short and negative survey.
Answer:
Basket purchases.
Explanation:
Basket purchases is a term used for buying multiple fixed assets. It is bought as the price for basket purchases is lower than the price for individual asset. The transactions in the basket purchases are accounted for by using the relative sales value method to calculate unit purchase cost. It is calculated by dividing each sales value of product by the total sales value of all the product.