Author Question: Refer to Table 14-4. If Alistair assumes that Baine would increase its advertising budget, what ... (Read 92 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
Refer to Table 14-4. If Alistair assumes that Baine would increase its advertising budget, what should it do?
 
  A) Alistair should not change its advertising budget.
  B) Alistair should keep its own budget the same and allow Baine to incur the higher cost.
  C) Being a duopolist, Alistair is not affected by Baine's choices because it has a secure 50 percent market share.
  D) Alistair should also increase its advertising budget.

Question 2

Refer to Table 15-3. If Comcast maximizes its profits how much profit will it earn?
 
  A) 84 B) 40
  C) 4 D) Comcast will break even.



Sarahjh

  • Sr. Member
  • ****
  • Posts: 370
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library