Game theory suggests that competing firms in an oligopolistic industry may be reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases.
What is Game theory?Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing. Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
Here are the options:
. too quick to raise prices because they will fail to anticipate that rivals may gain market shares.
b. reluctant to change prices because they anticipate that rivals will match price cuts but ignore price increases
c. reluctant to change prices because they anticipate that rivals will ignore price cuts but match price increases
d. too quick to cut prices because they fail to anticipate that rivals may also cut their prices.
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Game theory suggests that competing firms in an oligopolistic industry may be reluctant to price changes.
What do you mean by oligopoly?An oligopoly is a form of market that is made up of a few large firms engaging in strategic behavior. An automobile is the best example of an oligopoly market.
A game theory suggests that competing firms in an oligopoly industry may be reluctant in changes the price because they can analyze that rivals can match the price cuts but generally ignore the increase in the prices.
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What is the purpose of a w-4 form, and when do you receive it?.
Answer: to let your employer know how much money to withhold from your paycheck for federal taxes.
Explanation: Your employer should provide a W-4 form when you are hired.
Why do monopolies and oligopolies benefit producers over consumers?.
Answer:
Few Producers can generally control prices.
Explanation:
Monopolies and Oligopolies are structures where few generally control things. I also got the question right :)
What is the purpose of the layer of fat in the eye.
Answer: to keep it from bumping up against the bone and getting bruised.
Which of the following is a term for physical goods that are bought and
sold?
The working class tends to identify with manual workers and their long history of involvement in the labor movement. Group of answer choices True False
It is a true statement that the working class tends to identify with manual workers and their long history of involvement in the labor movement.
Who are the working class?These class are dominated by persons whose jobs provides a low pay, require limited skill or physical labor.
Some of the other imporant fact about the working class includes:
They forms about 45% of the populationThey are worker who hold regular manual or blue-collar jobsSome of them have higher income than lower-middle classThey are declining noticeably in size in present times.In conclusion, the statement that working class tends to identify with manual workers and their long history of involvement in the labor movement is true.
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The net income reported on the income statement for the current year was $210,000. Depreciation recorded on equipment and a building amount to $62,500 for the year. Balances of the current asset and current liabilities accounts at the beginning and end of the year are as follows: End of Year Beginning of Year Cash $56,000 $59,500 Accounts receivable (net) 71,000 73,400 Inventories 140,000 126,500 Prepaid expenses 7,800 8,400 Accounts payable (merchandise creditors) 62,600 66,400 Salaries payable 9,000 8,250 Required: Question Content Area a. Prepare the cash flows from operating activities section of the statement of cash flows, using the indirect method. Use the minus sign to indicate cash out flows, cash payments, decreases in cash, or any negative adjustments.
The Cash Flow from Operating Activities 258,950 using the indirect method.
What is Cash Flow from Operating Activities?The total cash flow generated by a business from its ordinary business operation is known as operating cash flow. It shows if the company is able to generate enough cash inflow to sustain its operation.
The cash flows from operating activities section of the statement of cash flows, using the indirect method is shown below:
Particulars Amount ($)
Cash flows from operating activities:
Net income 210,000
Add: Depreciation expense 62,500
Add: Decrease in accounts receivable 2,400
Less: Increase in inventory 13,500
Add: Decrease in prepaid expenses 600
Less: Decrease in accounts payable 3,800
Add: Increase in salaries payable 750
Net cash flow from operating activities 258,950
Hence, Cash Flow from Operating Activities 258,950
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Brown, the president and director of a corporation engaged in owning and operating a chain of motels, was advised, upon what seemed to be good authority, that a superhighway was to be constructed through the town of X, which would be a most desirable location for a motel. Brown presented these facts to the board of directors of the motel corporation and recommended that the corporation build a motel in the town of X at the location described. The board of directors agreed, and the new motel was constructed. The superhighway plans were changed, however, after the motel was constructed, and the highway was never built. Later, a packinghouse was built on property adjoining the motel, and the corporation sustained a considerable loss as a result. The shareholders brought an appropriate action against Brown, charging that his proposal had caused a substantial loss to the corporation and seeking recovery of that loss from Brown. What result
Which sentence is TRUE?
A. You must accept ALL the aid in a financial aid offer.
B. All of the aid listed in Offer #2 is free, meaning it does not need to be paid back.
C. All universities use the same format for their financial aid offer.
D. You can choose to accept some of the aid listed in the financial aid offer and decline some aid.
The TRUE sentence is that D. You can choose to accept some of the aid listed in the financial aid offer and decline some aid.
What is a financial aid offer?A financial aid offer is a statement that explains the financial aid available in a college or career school.
In the financial aid offer, there may be provisions for:
GrantsWork-studyStudent loansScholarships.Financial aids make college or career school affordable to many students. Some financial aids are liabilities that must be repaid after schooling.
Thus, the TRUE sentence is Option D.
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A competitive market is in long-run equilibrium. if demand decreases, we can be certain that price will a. fall in the short run. no firms will shut down, but some of them will exit the industry. price will then rise to reach the new long-run equilibrium. b. fall in the short run. all firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run equilibrium. c. not fall in the short run because firms will exit to maintain the price. d. fall in the short run. all, some, or no firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run equilibrium.
At a long run in a competitive market, price will fall if demand decreases and all, some, or no firms will shut down while some of them will exit the industry.
What is a competitive market?These are markets where no consumer or producer has the major power to influence the market.
This means that there are high mumber of producers that are competing with one another in hopes to provide goods and services for the consumers.
However, price will fall if demand decreases and all, some, or no firms will shut down while some of them will exit the industry.
Therefore, the Option D is correct.
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1. In a general sense, a business stakeholder is one who has made substantial financial investments in the business. 2. Ethics refers to how human beings should properly live their lives. 3. Values are the only guidance individuals need to act in ways that are positive or ethical. 4. The well-being promoted by ethical values is not a personal and selfish well-being. 5. In civil law, there is no room for ambiguity in applying the law because much of the law is established by past precedent. 6. Identify a true statement about the field of business ethics. 7. The ________ asserts that ordinary ethical standards should be kept separate from, and not be used to judge, business decisions because business has its own standards of good and bad
The Separation Thesis is one business ethic that asserts that ordinary ethical standards should be kept separate from, because business has its own standards of good and bad.
What is Separation Thesis?This refers to the theory that states that ordinary ethical standards should be kept distinct from business standards because they both make use of different standards to judge good and bad.
We can note that ethics has to do with doing the right thing so as to maintain a healthy business relationship without subverting the right things to make a quick profit.
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Why are most economies in the world today considered mixed economies?.
Answer:
Why are most economies in the world today considered mixed economies? Most economies are considered mixed because most have some portion of the means of production under government control. Most economic systems also have some element of the market or capitalism.
Explanation:
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pentagon FGHJK is similar to pentagon MPQST what is the value of x
If pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.
PentagonPentagon F G H J K=Pentagon M P Q S T
F K/ M T=J H/S R
Where:
F K=6cm
M T=9cm
J H=9cm
S R=x
Hence:
6/9=9/x
Cross multiply
6x=81
Divide both side by 6x
x=81/6
x=13.5
Inconclusion if pentagon F G H J K is similar to pentagon M P Q S T the value of x is: 13.5.
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Answer: 13.5
Explanation: You take 6/9 and 9/x and cross multiply. You should get 6x=81. Then, divide both sides by 6x and you should get x=13.5
An increase in government purchases will increase aggregate demand because:.
Answer:
Explanation below.
Explanation:
Think of it like this:
Consumption + Investment + Government Spending + Net Exports = AD
When Government spending goes up, it is increasing AD within (C+I+G+X), so AD shifts right.
Olivia keeps her work desk neat and arranges her files in alphabetical order. She’s demonstrating the professional habit of organization . Chang provides support to his coworkers when they need to interpret the computer codes in some records. He’s demonstrating the professional habit of adaptability .
Answer:
Which attributes of professional and ethical conduct are Olivia and Chang demonstrating in this scenario?
Olivia keeps her work desk neat and arranges her files in alphabetical order. She’s demonstrating the professional habit of organization.
Chang provides support to his coworkers when they need to interpret the computer codes in some records. He’s demonstrating the professional habit of helpfulness.
Explanation:
The files on Olivia's desk are arranged alphabetically and she keeps her workspace tidy. She is exemplifying the professionalism of organization. When his colleagues need assistance deciphering computer codes contained in some records, Chang offers assistance. He is practicing being helpful in a professional manner.
What do you meant by a work desk?For academic, professional, or household tasks like reading, writing, or utilizing technology like a computer, a desk or bureau is a piece of furniture having a flat table-style work surface that is used in a school, workplace, home, or places similar to these.
Desks frequently include one or more drawers, compartments, or pigeonholes where objects like office supplies and documents can be kept. Although materials like glass are occasionally encountered, desks are typically built of wood or metal.
Some desks resemble tables, but unlike most typical tables, just one side of a desk is typically acceptable for sitting at (there are notable exceptions, such as a partners desk). Some desks don't take the shape of a table; one example is an armoire desk
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The three dimensions of a firm's relationships with customers include all the following EXCEPT: a. affiliation. b. reach. c. exclusiveness. d. richness.
Answer:
The answer is C
Explanation:
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A coupon bond that pays interest semi-annually is selling at par value of $1,000, matures in seven years and has a coupon rate of 8.6%. The yield to maturity on this bond is
Based on the selling price of the bond and the coupon rate, the yield to maturity on the bond is 8.6%.
What is the yield to maturity on this bond?When a bond is selling at par, it means that the coupon rate and the yield to maturity are the same.
The bond in question is selling at its par price of $1,000 which means that the coupon rate of 8.6% is the same as the yield to maturity.
In conclusion, the YTM is 8.6%.
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Evaluating your results is important because it helps you to ________. a. prevent future problems from occurring b. implement your solution more efficiently c. identify possible causes of the problem d. all of the above
answer:
d. all the above.
It is important to evaluate results because this can help prevent future problems and identify sources of problems so d. all of the above.
Why should we evaluate results?Evaluating results means taking time to find out what happened during a project.
This helps us to find out problems in that projects as well as ways we can solve those problems. This ensures that problems are prevented in future.
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An important feature of supply chain management is its application of sophisticated information technology that allows companies to.
The most significant feature of supply chain management is its application of sophisticated information technology.
What is supply chain management?
Supply chain management is the administration of the movement of goods and services and it encompasses all procedures that turn raw materials into finished items.
The most significant feature of supply chain management is its application of sophisticated information technology allows companies to:
Share and operate systems for border processing, Transportation schedules, inventory, andFacility management.It entails actively simplifying a company's inventory and supply processes in order to increase customer value and achieve a competitive edge in the industry.
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Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries
Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.
How do personal loans work?When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.
Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.
When you pay off your personal loan, the credit line is closed.
Thus, Option D is correct which describes personal loans.
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Answer:
THE ANSWER IS TO PAY FOR COLLEGE
not car or house.
Explanation:
Many developed countries have deindustrialized and are transitioning to a postindustrial economy. A. Identify and describe the economic sector that becomes dominant when a country deindustrializes and restructures from an industrial to a postindustrial economy. B. Describe TWO ways countries transitioning to a postindustrial economy utilize the international division of labor. C. Describe ONE way in which the roles of women in the paid labor force of developed countries change as a result of the transition to a postindustrial economy. D. Describe TWO ways in which brownfields can be redeveloped in postindustrial cities.
In the post industrial economy,
A. the economic sector that is dominant when the country deindustrializes is the Tertiary industry:
quaternary and quinaryservice jobSome of the jobs here require the tertiary form of education.
b. Two ways that countries transition to postindustrial economy are:
They make use of countries that have little government regulations and minimal taxes. They use countries where trade unions are non existent.c. A way that the roles of women get to change is through the reduction in the pay gap that exists between genders. Pay can also be raised for females.
d. Brownfields can be redeveloped in the following ways in the post industrial cities:
Recreational means: sports and entertainments.Agriculture: Creation of urban farms and gardens.What is a post industrial economy?This is an economy that is said to have advanced from the manufacturing era into an era of production of services.
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Use the drop-down menu to complete each statement. based on the information in the passage, it is most likely that joe lives in a economy. the building that joe is interested in purchasing would be considered .
Based on the given information, Joe lives in the mixed economy, and he is interested in purchasing the private building.
What is mixed economy?A mixed economy is the system that combines the system of both the economy, means the combination of capitalism and socialism, is called the mixed economy.
This system defends private property and allows a degree of freedom in economy in the use of capital.
But it also permits for governments to interpose in economic activities in order to accomplish social intents.
Therefore, in the above case, Joe lives in the mixed economy, and purchasing the private property.
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Answer:
Mixed economy and Private Property
Explanation:
I just got it right on the assignment :)
One option to generate a favorable ______ variance for net operating income is to increase the number of clients.
Answer:
activity
Explanation:
The distribution activities associated with logistics relate to the __________ aspect of the 4 Ps of the marketing mix.
Place is the distribution activities associated with logistics relate to the aspect of the 4 Ps of the marketing mix.
What is marketing mix?Marketing mix refers to the set of actions, or tactics, that a company uses to promote its brand or product in the market.
Elements of marketing mix includes:
PlacePriceProductPromotionHence, Place is the distribution activities associated with logistics relate to the aspect of the 4 Ps of the marketing mix.
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The flexible budget performance report directs management's attention to areas where: (Check all that apply.)
The flexible budget performance report directs management's attention to areas where:corrective action can help control operations.
What is flexible budget performance report?Flexible budget performance report can be defined as the type of report that enables the management of a company to determine the difference between quantity variance and price variances.
Flexible budget performance report is important for companies as it draw their attention to areas were they need to take corrective action that will lead to efficiency.
Inconclusion it directs management's attention to areas where:corrective action can help control operations.
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Answer:
Costs differ substantially from budgeted amounts
Revenues differ substantially from budgeted amounts
Explanation:
What percent of adults, nationally, were current on all credit payments in the last year?
Your friend sees your answer to #1 and assumes that each of those people has a high credit score. Why is your friend incorrect?
How does your state’s on-time payment record compare to the national rate?
Find your county within your state. How does your county’s rate compare to your state’s rate of on-time payment?
If you look at the state shading on the map, it seems on-time payment rates are somewhat clumped geographically. What might cause that “clumping?”
Based on prior learning, name two reasons that paying your credit card or loan bill late has serious consequences.
The percentage of adults, nationally, that were current on all credit payments in the last year is 78.5% .
Your friend is incorrect in assuming that all will have high credit scores. because base on the fact that a lot young adults have no credit experience. They are said to often have a high balance on too many credit card.
The state’s on-time payment record compare to the national rate is known to be Texas who are said to have an on-time payment record of 6.7% that is known to be lower than the national rate.
Miral county’s payment rate is 80%, 10% higher than the state of Texas.
The “clumping may be due to the types of jobs that are available to certain states.
The reasons our credit card or loan bill paid late?The reasons why our credit card or loan bill late said to be late is known to have a lot of serious effects if not managed. It can lead to:
Credit score reduction drastically, that can affect your credit report badly.It can also affect the types of opportunities, etc. that one can get through the credit bureau.learn more about credit payments from
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What is the difference between asset management and wealth management
Answer:
here is ur answer
Explanation:
wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.
It all boils down to the services you require in terms of wealth management. Asset management is the process of selecting and managing investments.
Wealth management, on the other hand, examines a person's financial life and portfolio in greater depth. Some financial advisors do both functions, allowing you to hire only one person for the job.
Is asset management part of wealth management?Wealth management entails supervising all of the client's financial elements, which may include asset management, taxes, estate planning, cash flow management, and all other conceivable uses of money. Thus, wealth management includes asset management and takes a comprehensive perspective of the client's finances.
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What is one disadvantage of using cash?
O A. Cash is inconvenient for large purchases.
O B. Cash purchases have higher interest rates.
C. Cash purchases are tracked by banks.
D. Cash is not accepted in most places.
Answer:
A. Cash is inconvenient for a large purchase.
Explanation:
It's harder to count
Create a hypothesis for why homeowners insurance continues to increase
annually while renters insurance does not.
Answer:
Inflationary clauses in your insurance policy allow for the rising costs of building and associated labor. The cost of building materials such as wood, metal and cement increases each year. Likewise, if the cost of replacing your home increases, chances are your insurance costs will also increase. While that may be good news if you experience a loss, it'll be reflected in your monthly or yearly insurance premiums.
Explanation:
How much time after selling a house do you have to buy a house to avoid the tax penalty?.
Answer:
no idea but im pretty sure its 6 months
Explanation:
becuase i think so
E-mail is an temporary message medium. please select the best answer from the choices provided t f
The given statement is correct that E-mail is a temporary message medium, and it is considered as a formal business communication.
What is E-Mail?Electronic mail is a well known method of interchanging the various messages between people by employing the electronic devices.
It is also considered a formal medium of business communication, as it is mostly used in the business organization.
It is considered as a temporary message medium because some of the messages are often triggers in the mailbox that temporarily move to the Microsoft Exchange Server.
Therefore, the given statement is true.
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Answer:
The answer is FALSE. Emails last forever. They are also INFORMAL communication, not formal.