Suppose the market for widgets (a fictitious good) is characterized by an infinitely repeated oligopoly game (notice i have not given you any details on the game itself). a monopolist in this market would earn $12 million each period, but the current market is comprised of four (4) suppliers, each of whom earn $1 million per period in the nash equilibrium of the one-shot game. collusion is illegal, and these are honest, law-abiding firms. nevertheless, they recognize their own interdependence. if the firms had somehow agreed to collectively produce the monopoly level of output, they all know that a firm who defects from that agreement would earn $4 million that period. supposing that each of the players were to play a trigger strategy, compute the value of alpha above which such a strategy, when played by all firms, would represent a nash equilibrium of the infinitely repeated game. your answer should be a decimal between 0 and 1, rounded to the third decimal place (e. g. 0.768).

The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?

Diversity is an obstacle all marketers face: true false

An insurance company estimates the probability of an earthquake in the next year to be 0.0015. the average damage done to a house by an earthquake it estimates to be $90,000. if the company offers earthquake insurance for $150, what is company`s expected value of the policy? hint: think, is it profitable for the insurance company or not? will they gain (positive expected value) or lose (negative expected value)? if the expected value is negative, remember to show "-" sign. no "+" sign needed for the positive expected value