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olasank [31]
1 year ago
13

Jackson and Max are the only inhabitants of a small tropical island. Each drives an old, smoke-belching Oldsmobile. Suppose that

installing a pollution-control device costs $940. Suppose also that for each pollution-control device installed, both Jackson and Max will see their health care costs decrease by $660.
Required:
Write down the payoff matrix.
Business
1 answer:
yulyashka [42]1 year ago
6 0

Answer:

  Payoff Matrix:

                                             Max

                                     Install              Don't Install

Jackson -  Install            $310                $310 , $840

                 Not Install     $840, $310         $0 , $0

Explanation:

If the device is not installed the payoff is $840 and if the device is installed the pay off is $310. This is calculated by deducting the cost of control device from the decrease in cost of the health care service which is $840 - $530 = $310.

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Kimberly-Clark developed its Avert Virucidal tissues that contained vitamin C derivatives, which were scientifically designed to
mezya [45]

Answer:

E) incomplete market and product protocol.

Explanation:

Kimberly-Clark's Avert Virucidal failed in test marketing, because the researchers in charge of product development  failed to clearly define how it would satisfy consumers' wants and needs. The idea itself wasn't bad, but the concept testing was poorly done. During concept testing, the marketing researchers must determine if the consumers understand the product's idea or not, and obviously that didn't happen. The product does satisfy consumers' needs and if the marketing process was properly done, they would have probably accepted the product.

3 0
2 years ago
Read 2 more answers
Look at the circular flow diagram. Choose and define an environmental issue. Using the diagram as a guide, explain how the envir
Pavel [41]

Answer:

Household and government are related to each other in terms of economic unit. Household pay taxes to government and then government use that money for the people. Household earn the money by working in firms or by running their own business.

Environmental issues such as air pollution can affect the relationship between household and government. Popleuses their own transport to go to firms and the number of vehicles are increasing day by day which causes air pollution.

The government can form policies against personal transport and convince people to use public transport which will be beneficial for government as government will directly get money from household.

8 0
1 year ago
Lamar has just gotten a new job and is attending a company party where he will meet his colleagues for the first time. His boss
a_sh-v [17]

Lamar's experience demonstrates retroactive interference.

<h3><u>Explanation:</u></h3>

When a person tries to recall some information that are older in nature and comes to know about some recent information it refers to Retroactive interference. For instance you may call the name of your grandmother with the name of your mom. There will be a retroactive interference with the two names.

This happens when you forget some tasks that are learnt in past because of the learning of new tasks. In the given example, Lamar only rememnbers the names of the people in the first group and remebers the profession of the last women met by him. His experience demonstrates retroactive interference.

3 0
1 year ago
Which of the following would likely result from a Malaysian quota on peanuts imported from the United States? The price of peanu
kolbaska11 [484]

Answer:

<em>The price of peanuts would increase in Malaysia.</em>

Explanation:

Almost all countries of the world are involved in building trade relationships because not every crop or product can be grown in a single company.

A country rich in an item tends to export the extra amounts of that particular product. In exchange, it might import other products which have a short production rate in its own countries.

<u><em> But as we all know, the prices of the imported items are often higher as compared to the local products of a country.</em></u>

Hence, in the scenario mentioned in the question, it is most likely that Malaysia will increase its prices of peanuts imported from United States.

8 0
1 year ago
Equipment costing $b0000 was destroyed when it caught on fire. At the date of the fire, the accumulated depreciation on the equi
Musya8 [376]

Answer: c. gain on disposal of $140000.

Explanation:

The cost of the equipment is $260,000.

When the fire occurred, the book value of the equipment was:

= Cost of equipment - Accumulated depreciation

= 260,000 - 100,000

= $160,000

A check of $300,000 was received from insurance. The gain on disposal is:

= Replacement cost - book value

= 300,000 - 160,000

= $140,000

This amount will be credited to the Gain on Disposal account because an increase is credited.

8 0
1 year ago
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