Dunder Mifflin and Office Depot are the only two paper vendors in the community of Scranton, Pennsylvania. Each company is deciding whether to set a high price for paper reams or set a low price. The payoff matrix of economic profits below displays the possible outcomes for both companies. All numbers are in millions of dollars. Office Depot Low Price High Price $5 $11 Dunder Mifflin Low Price $19 $15 $2 $4 High Price $13 $10
Which companies have dominant strategies?
Both Dunder Mifflin and Office Depot.
Neither Dunder Mfun or Office Depot
Office Depot on

Joe said “your speech was really great, i loved it.” his criticism lacks which component of effective feedback? a) he did not recognize his ethical obligations b) he did not focus on behavior c) he did not stress the positive d) he did not offer any specifics

Atrough in the business cycle occurs when

Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)