Suppose that a company has successfully used architectural innovation to reconfigure a product and is now the market leader. In order to improve its product offering, extend the time that it can extract profits from its products, and maintain high entry barriers for new rivals, itwill most likely engage in __________ innovation next.A. radical.B. architectural.C. incremental.D. either radical or architectural.E. disruptive.

Answers

Answer 1
The correct answer is C. incremental
Answer 2
The answer is C.. yepp

Related Questions

Could anyone help with this question?

Answers

I think the second choice is the answer.

What will happen when the country's
currency is undervalued?

Answers

Answer:

Ur answer is that When the U.S. dollar is undervalued, the cost of a basket of goods in the United States is lower than the cost in Mexico when evaluated at the current exchange rate. To a U.S. tourist, Mexican goods and services would seem more expensive on average. Thus an undervalued currency will buy less in other countries.

Explanation:

Hope i helped , have a nice day , and if it is possible to give me brainlest please , thank you in advance :)

Accompanying a bank statement for Marsh Land Properties is a credit memo for payment on a $15,000 1-year note receivable and $900 of interest collected by the bank. Marsh Land Properties has been notified by the bank at the time of collection, but had made no entries.

Required:
Journalize the entry that should be made by Marsh Land to bring the accounting records up to date.

Answers

Answer:

Dr Cash $15,900

Cr Notes Receivable $15,000

Cr Interest Revenue $900

Explanation:

Preparation of the journal entry that should be made by Marsh Land to bring the accounting records up to date.

Dr Cash $15,900

($15,000+$900)

Cr Notes Receivable $15,000

Cr Interest Revenue $900

Ace Industries manufactures high quality auto parts. Recently Ace found that auto repair shop owners were talking customers into buying lower quality goods. Ace invited the shop owners to a meeting in Florida and showed them how to make more money selling high quality auto parts. This is a good example of expert channel power.

Answers

Answer:

True

Explanation:

The capacity of a channel member to influence or affect the judgement and behavior of yet another distribution channel, or one network member's capacity for affect with another distribution channel, is referred to as channel power.

The idea that a business in a political relationship possesses important expertise, knowledge, or abilities in a relevant field to its distribution network partner is referred to as expert authority in marketing channel writing.

Thus, from the above we can conclude that the given statement is true.

Using information that was accurate in the year 2012, categorize each member state according to whether it was a member state using the euro, a member state not using the euro, or not a member state.
You are currently in a sorting module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop.
European Union member state using the euro
European Union member state not using the euro
Not a member of the European Union

Answers

Answer:

European Union member state using the euro.

SlovakiaFrance Italy

All three of the above nations are members of the EU using the Euro which enables easier transactions with the rest of the Union. France still prints and manages their old currency, the Franc for its previous colonies in West Africa.

European Union member state not using the Euro.

SwedenUnited KingdomHungary

These three countries still use their own currency with Sweden using the Krona, the British still using the Pound and the Hungarians still using the Forint. The British were still members of the EU in 2012 but have since left the Union.

Not a member of the European Union

UkraineNorway

These two nations are not part of the EU but have very significant ties to the European Union's markets.

We are given the following information for the Pettit Corporation.
Sales (credit) $3,549,000
Cash 179,000
Inventory 911,000
Current liabilities 788,000
Asset turnover 1.40 times
Current ratio 2.95 times
Debt-to-assets ratio 40%
Receivables turnover 7 times
Current assets are composed of cash, marketable securities, accounts receivable, and inventory.
Calculate the following balance sheet items:
a. Accounts receivable.
b. Marketable securities.
c. Fixed assets.
d. Long-term debt.

Answers

Answer:

See below

Explanation:

a. Accounts receivables

= Sales / Receivables turnover

= $3,549,000 / 7x

= $507,000

b. Marketable securities

= Current assets - (Cash + Accounts receivable + Inventory)

Where;

Current asset = Current ratio × Current liabilities

Current asset = 2.95 × $788,000

Current asset = $2,348,240

Hence,

Marketable securities

= $2,348,240 - ($179,000 + $507,000 + $911,000)

= $2,348,240 - $1,597,000

= $751,240

c. Fixed assets

Total assets = Current assets + Fixed assets

$2,535,000 = $2,348,240 + Fixed assets

Fixed assets = $2,535,000 - $2,348,240

Fixed assets = $186,760

d. Long term debt

= Total debt - Current liabilities

Where,

Total debt = Debt to assets × Total assets

= 40% × ($3,549,000 / 1.40)

= 40% × $2,535,000

= $1,014,000

Hence,

Long term debt

= $1,014,000 - $788,000

= $226,000

Clark's Chemical Company received refundable deposits on returnable
containers in the amount of $100,000 during 2018. Twelve percent of the
containers were not returned. The deposits are based on the container cost
marked up 20%. What is cost of goods sold relative to this forfeiture?
a. $0.
b. $2,000.
c. $10,000.
d. $14,400.

Answers

Answer: $10000

Explanation:

The cost of goods sold relative to this forfeiture will be calculated thus:

= (Refundable deposit × percent of not returned) / (1 + Markup percentage on cost)

= ($100000 × 12%) / ( 1 + 20%)

= ($100000 × 0.12) / ( 1 + 0.2)

= $12000 / 1.20

= $10000

The cost of goods sold is $10000

Suppose independent truckers operate in a perfectly competitive constant cost industry. If these firms are earning positive economic profits, what happens in the long run to the following: The price of trucking services

Answers

Answer:

The price of trucking services would fall until equilibrium prices are reached. Only normal profit would be earned in the long run

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.  

In the long run, firms earn zero economic profit.  If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.  

Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.  

1. Given the following demand and supply functions Qd = 500 - 3P Qs = 100 + 5P Calculate; i. The equilibrium price and the equilibrium quantity ii. The consumer surplus iii. The producer surplus)R​

Answers

Given:

The demand and supply functions are:

[tex]Q_d=500-3P[/tex]

[tex]Q_s=100+5P[/tex]

To find:

i. The equilibrium price and the equilibrium quantity.

ii. The consumer surplus .

iii. The producer surplus.

Explanation:

(i) At equilibrium, the demand and supply are equal. So, equating both functions, we get

[tex]500-3P=100+5P[/tex]

[tex]500-100=3P+5P[/tex]

[tex]400=8P[/tex]

Divide both sides by 8, we get

[tex]\dfrac{400}{8}=P[/tex]

[tex]50=P[/tex]

Putting [tex]P=50[/tex] in the demand function, we get

[tex]Q_d=500-3(50)[/tex]

[tex]Q_d=500-150[/tex]

[tex]Q_d=350[/tex]

Therefore, the equilibrium price is 50 and the equilibrium quantity is 350.

(ii)

The area under the demand curve and above the equilibrium price is known as consumer surplus. It is represent by the green area in the below figure.

The area of a triangle is:

[tex]A=\dfrac{1}{2}\times base \times height[/tex]

So, the area of consumer surplus is:

[tex]A=\dfrac{1}{2}\times 50 \times (500-350)[/tex]

[tex]A=25 \times 150[/tex]

[tex]A=3750[/tex]

Therefore, the consumer surplus is 3750.

(iii)

The area above the supply curve and below the equilibrium price is known as producer surplus. It is represent by the purple area in the below figure.

So, the area of producer surplus is:

[tex]A=\dfrac{1}{2}\times 50 \times (350-100)[/tex]

[tex]A=25 \times 250[/tex]

[tex]A=6250[/tex]

Therefore, the producer surplus is 6250.

The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory.
Work in Process Inventory
Beginning WIP 5,200
Direct materials 47,800
Direct labor 30,300
Applied Overhead 16,500
Total Manufacturing Costs 99,800
To Finished Goods ?
Ending WIP 10,300
The cost of units transferred to finished goods is:_________

Answers

Answer:

the  cost of units transferred to the finished goods is $89,500

Explanation:

The computation of the cost of units transferred to the finished goods is shown below:

Cost of units transferred to finished goods

= Beginning WIP + Direct materials+ Direct labour + Applied overheads-Ending WIP

= $5,200 + $47,800 + $30,300 + $16,500 - $10,300

= $89,500

Hence, the  cost of units transferred to the finished goods is $89,500

Harding Enterprises has developed a new product called the Gillooly Shillelagh. The market demand for this product is given as follows:

Q= 240 - 4P

a. At what price is the price elasticity of demand equal to zero?
b. At what price is demand infinitely elastic?
c. At what price is the price elasticity of demand equal to one?
d. If the shillelagh is priced at $40, what is the point price elasticity of demand?

Answers

Answer:

0

$60

$30

-2

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.

If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.  

Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one

Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded

Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases

Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.

the intercept of price on the inverse demand curve = 240 / 4 = $60

The intercept of quantity on the inverse demand curve = 240

Demand  is  infinitely  elastic  at  the  intercept  on the price axis = 0

 Demand is completely inelastic at the intercept on the quantity axis = 60 Demand is unit elastic at the half-way point between these two extremes (60 + 0) / 2  = 30

Point elastic demanded = (40/80) (-4) = -2

Gilmore, Inc., had equity of $135,000 at the beginning of the year. At the end of the year, the company had total assets of $290,000. During the year, the company sold no new equity. Net income for the year was $29,000 and dividends were $3,400. a. What is the sustainable growth rate for the company

Answers

Answer:

A. 18.96%

B. 18.96%

C. 15.94%

Explanation:

A. Calculation to determine the sustainable growth rate for the company

First step is to calculate the Ending equity

Ending equity = 135,000 + 29,000 -3,400

Ending equity=$160,600.

Second step is to calculate the return on equity

Return on equity =29,000/160,600

Return on equity=0.18057285

Third step is to calculate the retention ratio

Retention ratio =(Net income- dividends) / Net income

Retention ratio= (29,000-3400) / 29,000

Retention ratio=25,600 /29,000

Retention ratio=0.88275862.

Now let calculate the Sustainable growth rate using this formula

Sustainable growth rate = (Return on equity *Retention ratio) / [1-(Return on equity*retention ratio)]

Let plug in the formula

Sustainable growth rate=(0.18057285*0.88275862)/ [1-(0.18057285*0.88275862)]

Sustainable growth rate=0.15940224/ [1-0.15940224]

Sustainable growth rate=0.1896*100

Sustainable growth rate=18.96%.

b. Calculation to determine the sustainable growth rate if you use the formula ROE band beginning of period equity

First step is to calculate the return on equity using beginning of the period equity

Return on equity using beginning of the period equity=$29,000 /135,000

Return on equity using beginning of the period equity=0.21481481.

Now let calculate the sustainable growth rate if you use the formula ROE band beginning of period equity

roe * b = 0.21481481*0.88275862

ROE band=0.1896*100

ROE band=18.96%.

c.return on equity using ending of period equity = 29,000/160,600

=>0.18057285

roe*b=>0.18057285*0.88275862

=>0.1594

=>15.94%.

For each of the following sentences, select the phrase or group of words that best completes the statement. Earnings per share Dividend yield ratio Dividend payout ratio Return on assets ratio Return on common stockholders' equity ratio

Answers

Answer:

Note See complete and organized question as attached as picture below

1. Dividend yield ratio

Correct phrase: Relationship between dividends and the market price of a company's stock.

2. Dividend payout ratio

Correct phrase: Percentage of earnings paid out as dividends.

3. Return on assets ratio

Correct phrase: Measure of a company's success in earning a return for all the providers of the capital.

4. Return on common stockholders' equity ratio

Correct phrase: Measure of a company's success in earning a return for the common stockholders.

Identify whether or not each of the following scenarios describes a competitive market, along with the correct explanation of why or why not.

a. In a small town, there are two providers of broadband Internet access: a cable company and the phone company. The Internet access offered by both providers is of the same speed.
b. The government has granted a patent to a pharmaceutical company for an experimental AIDS drug. That company is the only firm permitted to sell the drug.
c. Dozens of companies produce plain white socks. Consumers regard plain white socks as identical and don't care who manufactures their socks.
d. In a major metropolitan area, one chain of coffee shops has gained a large market share because customers feel its coffee tastes better than that of its competitors.

Answers

Answer:

1. not a competitive market

2. not a competitive market

3. competitive market

4. not a perfectly competitive market

Explanation:

To answer this question, i will first start by explaining what a competitive market is and the assumption of a perfectly competitive market as well

A competitive market is a market that has many producers and buyers of a particular product. The producers are usually in a competition to meet up with the needs of the buyers.

some assumptions of the market:

large sellers/producersidentical or homogenous goodsfree entryno discriminationperfect knowledge

a. in this question this is not a competitive market. the reason is simple. It says that there are only two providers of internet. So there are no enough producers or sellers

b. The government has limited entry into this market by giving patent to only one pharmaceutical company.

c. yes this market is competitive since there are many producers of the product and the consumers regard the products as identical or homogenous. this meets with all of the assumptions of a perfectly competitive market.

d. the product here is not homogenous or identical as this is not a perfectly competitive market since buyers would prefer to buy the coffee that tastes better and leave that of the competitors

thank!

A manufacturer produces two types of computer software, Word processing (W) and Spreadsheet (S), which is offered to two different retail outlets (#1 and #2). The following table shows the maximum price each retail outlet is willing to pay for each individual software product.
Product W Product S
Retail #1 $170 $105
Retail #2 $95 $135
What is the optimal pricing strategy that will maximize revenue for the manufacturer, given the maximum the retail outlets are willing to pay?
a. Bundle both products (W and S) and sell them at $275.
b. Price product W at $95 and Product S at $105.
c. Price product W at $170 and Product S at $170.
d. Price product W at $170 and Product S at $135.
e. Bundle both products (W and S) and sell them at $230.

Answers

Answer:

e. Bundle both products (W and S) and sell them at $230.

Explanation:

Calculation to determine the optimal pricing strategy that will maximize revenue for the manufacturer

Using this formula

Optimal pricing=Retail #2 Product W+ Retail #2 Product S

Let plug in the formula

Optimal pricing=$95+$135

Optimal pricing=$230

Therefore based on the above calculation the OPTIMAL PRICING STRATEGY that will MAXIMIZE REVENUE for the manufacturer, given the MAXIMUM the retail outlets are willing to pay will be to BUNDLE BOTH PRODUCTS (W and S) AND SELL THEM AT $230.

Everything else equal, if the United States runs a large foreign trade deficit, the financing of the deficit will: a. increase government subsidies. b. increase interest rates. c. decrease sales of Treasury securities. d. increase the money supply. e. decrease tax revenue.

Answers

Answer: decrease tax revenue

Explanation:

A trade deficit occurs when the import of a country's is more than the export of the country for a given period of time period. The main cause is when there's an imbalance between the savings of a country and the investment rates.

In this case, financing the deficit will lead to the reduction in the tax revenue. When part of the tax revenue gotten from economic agents are used in the finance of the deficit, there'll be a reduction in the tax revenue.

Suppose banks increase excess reserves by $ 471845 . If the reserve ratio is 12 percent, what is the maximum increase in the money supply

Answers

Answer:

$3,932,025.94

Explanation:

Multiplier = 1 / rr

Multiplier = 1 / Reserve ratio

Multiplier = 1 / 0.12

Multiplier = 8.3333

Increase in money supply = Multiplier * Increase in excess reserves

Increase in money supply = 8.3333 * $471,845

Increase in money supply = $3,932,025.94

So, the maximum increase in the money supply is $3,932,025.94.

who has given general principle of management?​

Answers

Answer:

I think it's " Henri Fayol's "

Answer:

14 management principle of Henri Fayol

Explanation:

1.  Division of work or division labor.

2. Balancing Authority and responsibility.

3. Discipline.

4. Unity of command.

5. Unity of Direction.

6. Subordination of individual interest to the general interest.

7. Remuneration.

8. Centralization.

9. Scalar chain.

10. Order.

11. Equity.

12. Stability of tenure of personal.

13. Initiative.

14. Esprit de corps.

What type of plan does a property manager implement to manage renters who do NOT pay their rent in a timely way

Answers

Answer:

collection plan

Explanation:

The rent collection plan is a system that is used for the enforcement of rent, in terms of late rent payment as well as lease terms. This is more than just telling the tenant when the rent is due. It has all of the information on all the ways that rent could be paid and also the repercussions for late rent payment or a situation whereby the rent is not even paid at all.

The following information pertains to Trenton Glass Works for the year just ended.
Budgeted direct-labor cost: 70,000 hours (practical capacity) at $16 per hour
Actual direct-labor cost: 80,000 hours at $17.50 per hour
Budgeted manufacturing overhead: $997,500
Actual selling and administrative expenses: 439,000
Actual manufacturing overhead:
Depreciation $ 233,000
Property taxes 23,000
Indirect labor 80,000
Supervisory salaries 202,000
Utilities 58,000
Insurance 32,000
Rental of space 301,000
Indirect material (see data below) 79,000
Indirect material:
Beginning inventory, January 1 48,000
Purchases during the year 95,000
Ending inventory, December 31 64,000
Calculate the overapplied or underapplied overhead for the year. (Round your intermediate calculations to 2 decimal places.)

Answers

Answer:

Over-applied Overhead  $134,000

Explanation:

The computation of the overhead applied or under applied overhead is given below:

Depreciation $233,000  

Property tax $21,000  

indirect labor $80,000  

Supervisory salaries $202,000  

utilities    $58,000  

Insurance  $32,000  

Rental of space $301,000  

Indirect material $79,000  

Total OH incurred   $1,006,000  

OH applied       $1,140,000  

(80000 hours at 14.25 per hour) ($997,500 ÷ 70,000)  

Over-applied Overhead  $134,000

Five welding jobs are waiting to be processed. Their processing times and due dates are given below. Using the critical ratio dispatching rule, in which order should the jobs be processed

Job Processing Time (days) Job due date (days)
A 4 7
B 2 4
C 8 11
D 3 5
E 5 11

Answers

Answer:

Order of processing the jobs:

Job   Critical Ratio

C          1.375

D          1.667

A          1.75

B          2.0

E          2.2

Explanation:

a) Data and Calculations:

Job      Processing      Job due       Critical

          Time (days)     date (days)      Ratio

A                4                    7                1.75 (7/4)

B                2                    4                2.0 (4/2)

C               8                    11                1.375 (11/8)

D               3                    5                1.667 (5/3)

E               5                    11                2.2 (11/5)

b) The critical ratio (CR) dispatching indicates the priority sequencing that should be adopted to process work at a work center. The first process is to create the CR priority index number, which is obtained from the formula of due days divided by the processing days. Therefore, the job with the lowest CR is scheduled first.

You can borrow and lend at the interest rates of 7.00% in the US and 5.00% in Canada. Based on Interest Rate Parity, the forward premium for CAD should be exactly equal to: Group of answer choices 1.90% - 1.87% 1.02% 98.11%

Answers

Answer:

1.90%

Explanation:

Note that that CAD exchange rate would be in terms of how many US dollars can be exchanged for 1 CAD, which means that the formula for forward premium would be stated in terms of US dollars, I mean the US$ as the numerator and CAD's interest rate would be the denominator

the forward premium for CAD=((1+US interest rate)/(1+Canada interest rate))-1

the forward premium for CAD=((1+7%)/(1+5%))-1

the forward premium for CAD=1.90%

The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some country’s currency, then how many units of foreign currency does the same basket of goods cost in that country?

Answers

Answer:

4000

Explanation:

Calculation to determine how many units of foreign currency does the same basket of goods cost in that country

Based on the information given we were told that the PRICE OF A BASKET OF GOODS is the amount of $2000 in which the dollar buys TWO UNITS of some country’s currency, now let determine HOW MANY UNITS of foreign currency does the same basket of goods cost in that country

Using this formula

Units of foreign currency=Basket of goods price*Some country’s currency units

Let plug in the formula

Units of foreign currency=$2,000* 2 units

Units of foreign currency=4,000 units

Therefore the number of units of foreign currency that the same basket of goods cost in that country is 4,000

The price of a basket of goods is $2000 in the U.S. If purchasing power parity holds, and the dollar buys two units of some country’s currency, then how many units of foreign currency does

Hyundai's Assurance program empathized with American consumers during uncertain financial times, helping to create a psychological and emotional:_______

a. brand association.
b. differentiation strategy.
c. consumer response.
d. marketing campaign.

Answers

The correct answer is B. Differentiation strategy

s).  Marty has been offered an injury settlement of ​$15 comma 000 payable in 5 years. He wants to know what the present value of the injury settlement is if his opportunity cost is 3.5 ​%. ​ (The opportunity cost is the interest rate in this​ problem.) What if the opportunity cost is 7.5 ​%? What if it is 11.5 ​%?

Answers

Answer and Explanation:

The computation of the present value in each situation is as follows:

As we know that

Present value = Future value ÷ (1 + rate of interest)^time period

When the rate is 3.5%, the present value is

= $15,000 ÷ (1 + 3.5%)^5

= $12,630

When the rate is 7.5%, the present value is

= $15,000 ÷ (1 + 7.5%)^5

= $10,448.38

And, When the rate is 11.5%, the present value is

= $15,000 ÷ (1 + 11.5%)^5

= $8,703.96

Consider the following independent situations:
1. Mike Finley wishes to become a millionaire. His money market fund has a balance of $289,664 and has a guaranteed interest rate of 10% per year.
How many years must Mike leave that balance in the fund in order to get his desired $1,000,000?
2. Assume that Sally Williams desires to accumulate $1 million in 18 years using her money market fund balance of $250,249.
At what interest rate must Sally's investment compound annually?

Answers

Answer:

a. Number of years = 13 years

b. Interest rate = 8%

Explanation:

a. Present value = $289664

Interest rate = 10%

Future value = $1000000

Future Value = Present Value (1 + r)^n

1000000 = 289664 (1 + 10%)^n

(1 + 10%)^n = 1000000 / 289664

(1 + 10%)^n = 3.45227

(1.10)^n = 3.45227

Now solve for the n by taking ln both side.

So, n = 13

Thus, number of years = 13 years

b. Future value = 1000000

   Present value = 250249

   Time = 18 years

   Future Value = Present Value (1 + r)^n

   1000000 = 250249 (1 + r)^18

   (1 + r)^18 = 1000000 / 250249

   (1 + r)^18 = 3.99602

   Now solve for the value of r.

   Thus, r = 8%

  Interest rate = 8%

Problems and Applications Q11 You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. When should you raise the admission price in order to increase revenue

Answers

Answer: Only when demand is inelastic

Explanation:

For a product that has an inelastic demand, the demand of a buyer with regards to a product has minimal changes when when there is a change in price. In such case, an increase in the price will lead to an increase in revenue.

On the other hand, for a product that has an elastic demand, there will be a greater change in the demand of the buyer when when there is a change in price. In such case, an inrease in the price will lead to an reduction in revenue as buyers will go for other products.

Therefore, the admission price should be increased when demand is inelastic in order to increase revenue.

Q2. With the help of book please elaborate What is the difference between a corporate strategy and a competitive strategy? Give three examples of each. (Words limit up to 150)

Answers

Answer and Explanation:

Competitive and corporate strategy are very important for the success and good management of a business. Competitive strategy is one that allows a company to promote elements capable of making it different from its competitors. Examples of competitive strategy are offering lower prices, higher quality products and negotiation between customers.

Corporate strategy, on the other hand, is one that allows the company to generate elements that will increase its profit and strengthen its capacity to be more competitive. Examples of this type of strategy are the acquisition of subsidiary companies, the merger of competing companies and the restructuring of the company.

Jane has discovered that she is bored and frustrated working for others. She wants to open a business where she alone will have control and the least interference from government regulation. Which form of business would best meet her needs

Answers

Answer:

Sole proprietorship.

Explanation:

A sole proprietorship is a type of business that is owned by a single person and as such their profits are taxed once as personal income tax. It is a type of business that is typically owned by an individual or one person and as such is solely responsible for its debts.

In this scenario, Jane discovers she is bored and frustrated working for other business owners and as a result, she wants to open her own business, wherein, she alone will have control over the business and with the least interference of any form through government regulation. Thus, the form of business which would best meet Jane's needs is a sole proprietorship business because it is offers an exclusive ownership and control to its owner while preventing third-party interference.

Two firms (1 and 2) compete in a homogeneous goods market, where the firms produce exactly the same good. The firms simultaneously and independently select quantities to produce. The quantity selected by firm i is denoted q, and must be greater than or equal to zero, for i - 1,2. The market price is given by p-2 - q1 -q2. For simplicity, as sume that the cost to firm i of producing any quantity is zero. Further, assume that each firm's payoff is defined as its profit. That is, firm i's payoff is pqi, where j denotes firm i's opponent in the game.

Requried:
Describe the normal form of this game by expressing the strategy spaces and writing the payoffs as functions of the strategies.

Answers

Answer:

m

Explanation:

Other Questions
discuss two challenges youth could encounter as a volunteer find the probability of spinning an A 3 times Calculating area of rectangle Your measurments Another student's measurements Length (cm) 20.70 20.74 Width (cm) 10.44 10.46 Area (cm2) Required:Why might two students have different calculated areas when measuring the same rectangle? Which graph represents the solution set of the inequality x + 2 greater-than-or-equal-to 6 A number line goes from negative 9 to positive 9. A solid circle appears on positive 3. The number line is shaded from positive 3 through negative 9. A number line goes from negative 9 to positive 9. An open circle appears at positive 3. The number line is shaded from positive 3 through positive 9. A number line goes from negative 9 to positive 9. A closed circle appears at positive 4. The number line is shaded from positive 4 through positive 9. A number line goes from negative 9 to positive 9. An open circle appears at positive 4. The number line is shaded from positive 4 through negative 9. Answer both for brainly pro Water from the soil is absorbed by a plant. Eventually, it ends up in the air as water vapor. List the parts of the plant that it passes through on this journey. pls help im almost done. Find the value of x in the triangle shown below. Can someone help me? nWhich of the following is not a goal of a persuasive speaking?a. to motivate to actionb.to change attitudes, beliefs, or valuesto strengthen or weaken attitudes, beliefs, or valuesd. to define, demonstrate, or instructC. Write the slope-intercept form of the equation of the line through the point (-1,-4) with the slope of 6. The energy required to get a reaction started is called activation energy.]TrueFalse Why were new developments in technology an important factor in the start of the industrial revolution in great Britain? describe the effect of blank verse in the poem how would the poem be different if frost had used a rhyming form? Q. The ratio 12:27 simplified to the form 1:n is *a-1:2.25b-1: 0.4 How did segregationists frame their argument against the Fair Housing Act of 1968? MWhy did the Japanese government accept the letter Perry brought from President Fillmore in 1853?O The government wanted news from the United States.O The government was impressed by the importance of the US president. The government was unable to drive away Perry's well-armed warships. The government was impressed by Perry bability to speak Japanese. [tex]-2\sqrt{50x^5} +5\sqrt{18x^5}[/tex] make x the subject of the formulay=ax Deficiency of Vitamin K causesA. RicketsB. AnemiaC. ScurvyD. Beri beri 1. Jeremy has $12000 cash to invest in the bank compounded at 4% interest annually.a.What equation will calculate the value in x years? y =