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Sergeu [11.5K]
3 years ago
8

Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The payoff matrix that follows shows the profit (

in millions of euros) each company will earn, depending on whether it sets a high or low price for its phones. Pictech Pricing High LowFlashfone Pricing High 11, 11 2, 18 Low 18, 2 10, 10For example, the lower-left cell shows that if Flashfone prices low and Pictech prices high, Flashfone will earn a profit of $10 million and Pictech will earn a profit of $3 million. (Hint: Assume this is a simultaneous game and that Flashfone and Pictech are both profit-maximizing firms.)Required:a. If Flashfone prices high, Pictech will make more profit if it chooses:_________b. If Pictech prices high, Flashfone will make more profit if it chooses:_________
Business
1 answer:
juin [17]3 years ago
3 0

Answer:

bybokpppgd<em><u>мјуичжжччќпиѕгвч9уфцчјхгфсааЗззззР</u></em>

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Answer:

The correct answer is letter "E": Through advertising, a company can control, to some extent, to whom the message is sent.

Explanation:

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Can I own a prepaid debit card if I'm underage? (not a joint one, like literally own it by me) lol​
EastWind [94]

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No

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4 0
3 years ago
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Shawnee Hospital installs a new parking lot. The paving cost $30,000 and the lights to illuminate the new parking area cost $15,
Zarrin [17]

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Explanation:

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The paving and lighting of the parking area will add value to the area and will last longer than a year so both should go to the Land improvement account. As this account is an asset account, it will be debited when increased:

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6 0
3 years ago
Viral promotion involves: Group of answer choices sending a pre-written set of messages to customers or prospects over time. off
marta [7]

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leveraging a firm's customers to promote a product or service

Explanation:

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For example, if a firm is about to launch a new product and it wants to do a viral promotion, it would make use of the firms existing customers to promote the good

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