Awesome Sweets sells different kinds of cookies, candies, and other sweets. Awesome Sweets has a return on assets (ROA) of 6.9%
1 answer:
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Answer:
for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising
Explanation:
Using the below expression to determine the range of interest rates could these firms use trigger strategies to support the collusive level of advertising; we have:
where;
Then :
=
=
%
Thus; for interest rates equal to or lower than 200%, the firms will use trigger strategies to support the collusive level of advertising