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sveta [45]
1 year ago
11

The National Hockey League locked out the hockey players in an effort to negotiate a salary cap with the players' union. A cap w

ould limit the payroll of each team. League officials acknowledged that the teams have brought the problem on themselves by overspending and overpaying some players in an effort to compete for the best players. Why would the teams have caused this problem for themselves?
A. They were caught in the logic of the prisoner's dilemma in which each player maximizing his own self-interest leads to an outcome that is worse off for everyone.B. They tried to create a cartel and suffered the consequences of too much collusionC. They tried to create a perfectly competitive market, but failed to do so.
Business
1 answer:
shusha [124]1 year ago
8 0

Answer: A. They were caught in the logic of the prisoner's dilemma in which each player maximizing his own self-interest leads to an outcome that is worse off for everyone.

Explanation:

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jek_recluse [69]

Answer: 1. The core benefit

2. Expected product

Explanation:

Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.

The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;

a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.

b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.

6 0
1 year ago
As the television industry has changed in the last few decades from just three major networks to a multiplicity of networks, one
Ket [755]

Answer:

The answer is narrower competitive scope.

Explanation:

In a narrow competitive scope, a business might choose a focus strategy which can be oriented to cost leadership or differentiation. When implementing a focus strategy, the company chooses to only produce goods or provide services to a certain segment of people. In a cost leadership strategy, the business might choose to engage on initiatives that would lead it to be identified from its ability to provide the lowest possible price for its target segment. When choosing a differentiation strategy instead, the company’s competitive advantage would be its ability to provide a wide range of products.

4 0
2 years ago
In 2010, the general social survey had a question which asked respondents if they were willing to pay higher prices to help the
Sergio039 [100]

Answer: Both ‘8.2%’ and ’14.6%’ are descriptive statistics.

Descriptive statistics summarize and describe the features of the data in a study or survey numerically.

In this question, the information just tells us the percentage of people who had a particular opinion for a given question. Hence these percentages describe the data.


3 0
2 years ago
Which term describes a list of all ledger accounts that businesses maintain?
Len [333]
The answer would be a general ledger
5 0
1 year ago
To help maintain a competitive advantage, the emphasis for most companies is on _____.
Ad libitum [116K]
To help maintain a competitive advantage, the emphasis for most companies is on internal resources. <span> Internal resources can create a </span>competitive advantage<span>. It is very advantageous when the internal parts of a business is strengthen.</span>
5 0
1 year ago
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