Levi Strauss and Wrangler are planning new generation jeans and must decide on the colors for their products. The possible colors are white, black, and violet. The payoff to each firm depends on the color it chooses and the color chosen by its rival, as the profit matrix shows. Suppose the firms move sequentially, with Wrangler moving first. Levi Strauss engages in pre-play communication (cheap talk). Levi Strauss tells Wrangler that it will match Wrangler's color choice if Wrangler chooses black and violet but that if Wrangler opts for white, Levi Strauss will choose Violet. Why would Levi Strauss want Wrangler to believe this claim? Levi Strauss would want Wrangler to believe this claim so that Levi Strauss could receive a payoff of $ nothing. (Enter your response as a whole number.)

Match each of the terms below with an example that fits the term. a. fungibility the production of gasoline b. inelasticity the switch from coffee to tea c. non-excludability the provision of national defense d. substitution the demand for cigarettes

James has set the goal of achieving all "a"s during this year of school. which term best describes this goal

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $