Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Company A and Company B have spent a lot of money on research to develop a cure for the common cold. Winter is approaching and there is certainly going to be a lot of demand for their product. However they both know that they are competitors and that both of them have very similar products. As a result, they have to decide whether to conduct an expensive advertising campaign or not.
If Company A and Company B both do not advertise, they do not have any additional costs and end up splitting the revenues from their market, so as to earn $ 500,000 each. This is shown in the top left box. If, however any one of them decides to advertise while the other company does not advertise, customers are only made aware of the product that the advertising company produces. As a result they will only buy the advertised product. If this is the case, the company which advertised will get $750,000, while the company which did not advertise loses $250,000 because of its costs in developing the drug. These situations are shown in the top right and bottom left boxes. Finally, if both companies decide to advertise, they become locked in an advertising war and spend a lot of money shooting down the competitor's product. If this happens, both companies will earn profits, but a significantly lower amount, $100,000 each. This is the bottom right box.
(A) If both companies pursued only their self-interest then which outcome would occur? Explain carefully.
(B) Can both companies do better if they have an agreement? What should this agreement force them to do? What will be the profit of each company in this case?
how to solve imaginary number such as like (-3v-5)² ?? Can I cancel the radical sign and the power of two ? and square the -3 and times to -5 ? hope you will answer this :) thanks
I have an algebra assignment I need help with, you have helped me before.. I need the work shown.
Caterer verifies that 87% of people who sampled the food thought it was delicious. A random sample of 144 out of population of 5000 taken. The 144 are asked to sample the food. If
Can anybody provide me the solution of the following example? You are specified the universal set as T = {1, 2, 3, 4, 5, 6, 7, 8} And the given subjects of the universal s
Q. What is a percentage? Ans. Percent means "per hundred", or "out of 100". A percentage can be written as a ratio, or fraction, where the denominator (bottom) is 100.
y"-3y''-4y=2sinx
how to get harmonic problems with answer
#question.Mai is 3 years ypunger than twice the age of her brother .If b represents .
can i get help with math just with fractions i want to catch up with my class
The scale of a map is 0.5 in 25mi the actual distance between two cities is 725mi write a proportion that represents the relationship how far apart will the cities be on the map
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd