Answer:
<h2>Considering absence of collusion,the firms will choose low price in this instance.</h2>
Explanation:
- First,focusing on all the possible payoffs for the firms under low price situation, the possible individual payoffs for the firms are $8 million and $16 million considering that the other firm chooses low price and high price respectively.
- Now, regarding the individual payoffs from choosing high price, the possible payoffs for the firms are $12 million and $4 million, considering that the other firm chooses high price and low price respectively.
- Therefore, notice that considering all possible scenarios,both the minimum and maximum payoffs from choosing low price are actually higher than the same estimates under choosing higher price.
- Hence, to ensure a higher subsequent individual payoff, both the firms would expectedly choose lower price considering the possibilities of both higher minimum and maximum payoff compared to choosing higher price.
Answer:
Project A
Explanation:
Given:
The payback period for the project A = 18 months
Cost of project B = $125,000
Expected cash flow for the first year for the project B = $50,000
Cash flow per quarter after first year = $25,000
Now,
Remaining cost for project B after the first year payment
= $125,000 - $50,000
= $75,000
payback period for the project B after the first year
= 
=
= 3 quarters = 9 months
therefore,
the total payback period for project B = 1 year + 9 months = 21 months
hence, Project A should be recommended as the payback period for project A is less i.e 18 months
Answer:
True
Explanation:
The codes of conduct are the set or collection of conduct in an organisation that are specified for the particular organisation. These conducts may be following:
- Rules
- Principles
- Values
- Employee expectations, behavior, and relationships
These codes of conducts are to be followed by the individuals associated with organisation.
Answer:
The correct answer is B
Explanation:
Closed shop arrangement is the form or kind of an agreement of union security under which the employer of the company agreed to hire the union members only and employees must be the members of the union at all times, so as to be remained employed.
So, MaryJo, is applying for a job where she require to be a union member before getting hired. So, it is a closed shop arrangement.
Answer:
$254,700
Explanation:
Data provided in the question
Land Purchased = $250,000
Property taxes = $1,500
Attorney fees = $1,000
Land graded = $2,200
The calculation of the cost for the land is shown below:-
Cost for the land = Land Purchased + Property taxes + Attorney fees + Land graded
= $250,000 + $1,500 + $1,000 + $2,200
= $254,700