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.
To learn more about game theory, please check: https://brainly.com/question/25746243
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.
Learn more about oligopoly here:
https://brainly.com/question/14093864
#SPJ4
Which of the following is a disadvantage associated with scientific advances? a. decreased urbanization b. increased energy efficiency c. increased waste production d. increased renewable resource use
Answer:
increased waste production
Though development in the scientific advances and technology helped in improving the quality of life still it increases waste production.
What is Science?Science refers to the organized body of knowledge that depends upon some principles.
Scientific advancements and technology made life better through improvements in communication, transportation, and growth in the economy but the major disadvantage is an increase in the hazardous waste product that is released into the atmosphere including an increase in carbon dioxide emissions, nuclear wastes, etc.
Thus, increased waste production is a major disadvantage.
Learn more about Scientific advances here:
https://brainly.com/question/2817915
Kay a person with a disability is an employee of mid state transport company when the firms elevator is taken out of service kay cannot get to her offics
Companies are supposed to provide working elevators for people living with disabilities.
In this regard, because Kay is disabled, the only means for her to access her office conveniently and on time is availability of elevator during the working hours.
However too, it could be inferred that the company is trying to kick her out if management is taking away the elevator or if they stopped the elevator officially from working.
What is an elevator?An elevator is lift that moves people or passengers in a vertical shaft in a multistory building.
So therefore, companies are supposed to provide working elevators for people living with disabilities.
Learn more about elevators or lifts:
https://brainly.com/question/22048837
What are the major factors that determine investment, and what impact does each have on aggregate demand?
The major factors that determine investment are interest rates and inflation. The relationship between interest rate and aggregate demand is inversely related. The relationship between inflation and aggregate demand is positvely related.
What is aggregate demand?Aggregate demand is the sum total of all goods and services produced in an economy in a given period.
To learn more about aggregate demand, please check: https://brainly.com/question/24319248
Interest rates and inflation are the two most important factors influencing investment. When inflation rises, real spending falls as the value of money falls.
This change in inflation causes Aggregate Demand to move to the left and decline.
Individuals and corporations seek to borrow more money at cheaper interest rates and reinvest it in capital and consumer goods.
As a result, aggregate demand will rise. However, when interest rates rise, central banks profit more from the interest payments they receive from borrowers.
What do you mean by aggregate demand?The entire amount of money spent on those goods and services at a certain price level and moment in time is referred to as aggregate demand.
All consumer products, capital goods (factories and equipment), exports, imports, and government spending are included in aggregate demand.
For more information about Aggregate Demand refer to the link:
https://brainly.com/question/15157098
#SPJ4
Economic stability is a benefit of technological advances. please select the best answer from the choices provided t f
Economic stability depends on financial health i.e Inflation & Output Growth where technology plays its part but it is not the sole factor.
The above statement is false.
What is Economic stability?Minor fluctuations in output growth with consistent low Inflation,stable banking system constitutes Economic stability.
Technological advances has palyed an important role in changing the Economy of any country but it is not the sole factor. Hence, The statement is False
To know more about economic stability click on the link below:
https://brainly.com/question/1398975
Answer:
false
Explanation:on edge
Question 1 Brijesh is negotiating with Sara, who wants to purchase his car. The only issue is price. This is an example of a
Answer:
position-based negotiation
Explanation:
they are bargaining.
This is an example of a negotiation or a bargaining situation.
In this scenario, Brijesh and Sara are engaged in a negotiation over the price of Brijesh's car. Negotiation refers to the process of reaching an agreement or settlement between parties who have conflicting interests or different preferences. It typically involves a back-and-forth exchange of offers, counteroffers, and compromises to find a mutually acceptable solution.
Sara is interested in purchasing Brijesh's car, but the price is the main point of contention. Both parties have different perspectives and goals. Brijesh, as the seller, likely wants to maximize the price he receives for his car, while Sara, as the buyer, aims to pay the lowest possible price.
To know more about bargaining, refer here:
https://brainly.com/question/33424123
#SPJ2
Which organization oversees medicare and medicaid services.
Answer:
The CMS which is also known as " The Centers for Medicare & Medicaid Services " oversees Medicare and Medicaid services.
About how many lightbulbs does it take to cover a three story building in light?
Answer:
Explanation:
About 40
One of the principles of hierarchy is a clear ______ chain of command.
Answer: One of the principles of hierarchy is a clear vertical chain of command.
Hope this helps!
According to the video, what are some decisions that Architects make? Select four options.
how much money a building will be worth when finished
what traffic patterns people will follow
how people will feel when they enter or leave a building
how many laborers are needed for a project
where to put doors, walls, and windows
what building materials to use
which people will be allowed to enter a building
The decisions that Architects make include:
how much money a building will be worth when finished.how people will feel when they enter or leave a building.where to put doors, walls, and windows.what building materials to use.Who is an architect?It should be noted that an architect simply means an individual who plans, designs and also oversees the construction of a building.
In this case, some of the decisions that Architects make include how much money a building will be worth when finished, how people will feel when they enter or leave a building, etc.
Learn more about architect on:
https://brainly.com/question/7472215
Answer:
above answer is wrong
Explanation:
Which of the following types of credits would best describes home equity loans? a. closed and secured b. closed and unsecured c. open and secured d. open and unsecured please select the best answer from the choices provided a b c d
The home equity loans are such loans often associated with line of credits and are for a short term. Such loans are open and secured types of credit facility.
What are home equity loans?Home equity loans are generally referred to as such loans where the home of the borrower is kept as collateral and is open to be utilized for any legal purpose.
It is generally given for a short term and the repayment is often done monthly over a span of the entire term of the loan. As the collaterals can be used by the banks in case of defaults by the borrower, it is a secured type of loan.
Hence, option C; the above-mentioned facts describe that a home-equity loan is an open and secured type of credit facility.
Learn more about home-equity loans here:
https://brainly.com/question/20987976
Business Information Management 1a: Introduction / Unit 2: The Finances of Business
The finances of businesses involve several things, including:
Revenue and profit.Costs and expenses.Budgets. What are some components of finance in business?The financial aspect of a business is hugely important to the success of the business because it involves making a profit which is the sole purpose of business.
In order to be successful in business, one needs a good financial plan. This plan will predict the revenue that the company should be earning in order to make profit.
It should also include the various costs and expenses that the business will incur as it engages in business. This financial plan usually comes in the form of a budget which provides ideas on how a business should spend money.
Note: Question was incomplete so a general overview of business finance was given.
Find out more on business finance at https://brainly.com/question/1265337.
Answer:
FACTORS AFFECTING THE SPELLING DIFFICULTIES OF SENIOR HIGH SCHOOL STUDENTS IN 2021-2022
Choose the term that best matches the description given.
When the person at the counter at a fast food restaurant asks you if you would like fries with your order, he or she is practicing what?
A personal selling
B upselling
C pre-approach
Answer:
upselling
Explanation:
Since they are adding more to your order they are UPselling the product by adding more.
Krysta, who manages the is organization for her company, is continually striving to expand is services and capitalize on the latest technology developments to support her company's business plans through the coming months. her is organization is perceived as a _____.
Based on the goals of the IS organization that Krysta manages, it can be perceived as a business partner or peer.
What is a business partner or peer?This is a business established by a company to help it achieve its goals by engaging in alternative technological developments that will be beneficial to the parent company.
Krysta is managing an organization that helps her company to strive for more excellence which makes this a business partner.
Find out more on business partners at https://brainly.com/question/25641198.
How can you stop inappropriate text and pictures from appearing in search results? A. Use keywords. B. Change filtering settings. C. Click sponsored links. D. Add bookmarks.
The major step to stop inappropriate text and pictures that appear in search results is by changing the filtering settings.
What is the inappropriateness of text and pictures?An inappropriateness of text and pictures is that are not suitable or the quality of the text and pictures is unfit.
A change in filtering settings can help in stopping the inappropriate text and pictures that appear in search results.
Therefore, B is the correct option.
Learn more about the Inappropriateness of text here:
https://brainly.com/question/4530171
A small network is more effective than a large network.
Please select the best answer from the choices provided
ОТ
OF
Answer:
is
Explanation:
A small network is more efficient than a huge network is a false claim.
What do you meant by Wide area network?A telecommunications network that covers a significant amount of ground is called a wide area network (WAN). Often, leased telecommunications circuits are used to construct wide area networks.
Wide area networks are used by businesses, as well as by institutions of higher learning and governmental organizations, to transmit information to personnel, pupils, clients, customers, and suppliers located all over the world. In short, this form of communication makes it possible for a company to efficiently perform its regular tasks wherever it is.
A WAN could be thought of as the Internet. Yet, a lot of WANs are private and were created for a single enterprise. Given that LANs are networks that are physically close together, WANs can be distinguished from them.
Learn more about Wide area network, from :
brainly.com/question/13267115
#SPJ7
Your credit score does not affect your:
A. chances of landing a new job.
B. ability to rent an apartment.
C. ability to get a car loan.
D. yearly income.
A persons credit score would not affect the chances that they have to land a new job when they need one.
What is a credit score?This is a number that is used to show that a person is credit worthy. It shows how the person responds to the loans that they owe.
A high credit score shows that the person is one that does what is required on time. A lower one may have negative effects on a person.
Read more on credit score here: https://brainly.com/question/2609368
Answer:
D. Yearly Income
Explanation:
What are marketing information systems?
Answer:
A marketing information system, or an MIS, is a system for gathering, storing, analyzing and distributing valuable marketing data to help marketers make better decisions
How do embargoes most negatively affect a domestic market?.
Explanation:
by depriving domestic producers of needed goods, restricting their ability to trade by helping international producers fill a market void, decreasing domestic trade by preventing domestic producers from trading needed goods with all countries by encouraging international producers to sell new goods for lower prices ..
By prohibiting domestic industries of necessary commodities and limiting their ability to trade, international sanctions have a particularly severe impact on the domestic market.
What are embargoes?When a government passes an order restricting merchant ships from leaving its ports, the term "embargo" is used. An embargo is a restriction on trade and commerce with one country or state, or a group of related nations, either partially or entirely.
The American economy was effectively halted by Jefferson's Embargo Act, which prohibited trade with any foreign port. The embargo act had an impact on the nation as agricultural prices and income decreased.
Industries connected to shipping suffered greatly. Existing markets suffered damage due to which the economy got damaged and results in Increased unemployment.
Learn more about embargoes, here:
https://brainly.com/question/8243525
#SPJ2
resoudre cette equation suivante. 5 - 6 = 3 +2 x. aidez moi svp .. reponse
Answer :
-2
5-6=3+2x
-1=3+2x
-1-3=2x
-4=2x
-4/2=x
-2=x
Promotion is one of the four ps of marketing. The promotion mix is.
Answer:
Marketing mix refers to the four Ps of marketing: product, price, place, and promotion. In order to effectively market a good or service, there are a number of key elements, and these elements interact strongly.
Hope this helps you!
Have a great Day!
Please Mark me Barinleast!
Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a. External process integration b. Data warehouses c. Expediting d. All of these choices are correct.
Building, maintaining and strengthening beneficial relationships with suppliers and customers is accomplished through the use of: a. External process integration.
External process integration can be defined as the process in which suppliers build and maintain a long lasting relationship with their customers.
External process integration is important as it enables suppliers to improve the quality of services rendered to their customers and it as well help them to save cost and time.
Inconclusion Building, maintaining and strengthening beneficial relationships is accomplished through the use of: a. External process integration.
Learn more about External process integration here:https://brainly.com/question/22590420
Crowding out occurs when investment declines because:.
Answer:
Crowding out is a concept that has been around in economics since the 1930s and 1940s. It occurs when investment declines because, as a result of stimulus from government spending or tax cuts, private investors believe that they will be less likely to receive profitable investments in the future.
When a car veers off the road such that the left front wheel goes off the pavement into the gravel before the right wheel, what will happen to the car, and why?.
The car will tend to turn to the left because the left wheel hits the gravel first and slows down before the right wheel.
What is Wheel?This is defined as a circular component that is intended to rotate on an axle bearing.
The car will turn to the left as a result of the right wheel covering a greater distance thereby causing the car to turn to the left.
Read more about Wheel here https://brainly.com/question/24463763
Francis has the Standard Plan offered by his employer and is making an Office Visit to an in-network doctor to treat his flu-like symptoms. How much would Francis be asked to pay by the office manager in the doctor's office?
When Francis gets to the office of the doctor he is not going to have to pay any amount of money due to the standard plan.
Why would Francis pay 0 dollars for the standard plan?This is due to the fact that he is already covered by the insurance from the company that he works.
The plan requires one to pay pay some percentages for their health cost and the company that they work would pay some.
Read more on insurance here: https://brainly.com/question/25757822
Fancy Nails' budgeted revenue is $20 per manicure. The planning budget for June was based on 2,400 manicures. During June, the actual revenue was $49,750 for 2,500 manicures. The revenue variance for June is ______.
Based on the information given the revenue variance for June is : $250 Unfavorable
Revenue VarianceUsing this formula
Revenue variance=(Flexible budget-Actual revenue)
Let plug in the formula
Revenue variance=($20 per manicure x 2,500 manicures)-$49,750
Revenue variance=$50,000- $49,750
Revenue variance = $250 Unfavorable
Inconclusion the revenue variance for June is : $250 Unfavorable.
Learn more about revenue variance here:https://brainly.com/question/26997143
Alpha associates was organized on january 1, year 1. Alpha was organized as a corporation. Alpha reported $200,000 of before tax income during year 1 and paid a $30,000 cash dividend to its stockholders. Assuming a corporate income tax rate of 30% and a personal income tax rate of 15%, the total amount of tax collected by the government is.
Explanation:
GIVEN DATA:
Alpha reported = $200,000
withdrew = $30,000
corporate income tax rate = 30%
personal income tax rate = 15%
SOLUTION:
we get here total amount of tax collect as
total amount of tax collect = Alpha reported amount × personal income tax rate ...............1
put here value
total amount of tax collect = $200,000 × 15%
total amount of tax collect = $30,000
here no corporate tax required and partner is taxed on share of total partnership income regardless of amount withdrawn
so the correct answer is $30,000
A product has three distinct layers. The most basic layer is the ________, which consists of all the benefits the product will provide for consumers or business customers.
The most basic layer of a product is the core product which consists of all the benefits the product will provide for consumers or business customers.
What are core products?Core products or services are company products/services that are close to the company's core competencies. It describes the satisfaction that a consumer gets from consuming a product.
Core product involves the benefits the product will provide for consumers.
The three layers of products are :
AugmentedActualCoreHence, the most basic layer of a product is the core product which consists of all the benefits the product will provide for consumers or business customers.
Learn more about core products here : https://brainly.com/question/15299461
Terrel is designing and maintaining a web page for a local company. In which career pathways would Terrel be involved?
Programming and Software Development, and Network Systems
Network Systems and Interactive Media
Information Support and Services, and Programming and Software Development
Interactive Media, and Information Support and Services
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
I got it right on edge. trust me.
Answer:
C. Information Support and Services, and Programming and Software Development
Explanation:
Edge
After years of false starts in disappointing career paths, bruce feels happy. More than that, he feels that he is living up to his potential and doing what he is meant to do with his life. What state has bruce reached?.
Answer:
Self-actualization
Explanation:
Please mark me brainliest if correct
answers.
1. Becky and Tom are engaged and have set a date for the ceremony. Becky has, at her own expense
and with Tom's knowledge, rented a chapel for the wedding and a reception hall, bought a dress
and invitations, contracted for flowers, a photographer, and a caterer. Now Tom has told her that
he is breaking off the engagement. Does Becky have a legal recourse to recover her expenditures?
Yes, Becky has a legal recourse to recover her expenditures.
What is Expenditure?This is defined as a payment with either cash or credit to purchase goods or services.
Since the service wasn't rendered , Becky can recover her expenses legally although she may not recover all as an agreement between her and the business owners will be reached.
Read more about Expenditure here https://brainly.com/question/935872