Mathematics
Mathematics, 18.10.2019 06:30, tracyrios98

Hich statement about the student's answer is correct?

a company spent $5,884 in one month to advertise its new website. the company figured that it would need to spend $3,185 the next month on the website. how much would the company end up spending for both months?

a student answered that the company will spend $2,699 for both months.

a. the answer should be about $3,000. the student's answer is close to the estimated answer.

b. the answer should be about $8,000. the student's answer is not correct.

c. the answer should be about $9,000. the student's answer is not correct.

d. the answer should be about $10,000. the student's answer is not correct.

answer
Answers: 3
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Consider two cigarette companies, pm inc. and brown inc. if neither company advertises, the two companies split the market and earn $50 million each. if they both advertise, they again split the market, but profits are lower by $10 million since each company must bear the cost of advertising. yet if one company advertises while the other does not, the one that advertises attracts customers from the other. in this case, the company that advertises earns $60 million while the company that does not advertise earns only $30 million. if these two companies collude and agree upon the best joint strategy, a. neither company will advertise. b. both companies will advertise. c. pm inc. will advertise but brown inc. will not. d. brown inc. will advertise but pm inc. will not.
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Business, 15.10.2019 07:50, kristofwr3444
Consider two cigarette companies, pm inc. and brown inc. if neither company advertises, the two companies split the market and earn $50 million each. if they both advertise, they again split the market, but profits are lower by $10 million since each company must bear the cost of advertising. yet if one company advertises while the other does not, the one that advertises attracts customers from the other. in this case, the company that advertises earns $60 million while the company that does not advertise earns only $30 million. refer to scenario 17-4. if these two companies collude and agree upon the best joint strategy, a. neither company will advertise. b. both companies will advertise. c. pm inc. will advertise but brown inc. will not. d. brown inc. will advertise but pm inc. will not.
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Hich statement about the student's answer is correct?

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