Table 11-11 There Are Two Mobile Home Manufacturers in Nevada, Sturdy Homes

question 385

Multiple Choice

Table 11-11
$\begin{array}{c} \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad \quad\text { Sturdy Homes (S) Strategies }\\\text { My Haven's (M) Strategies}\begin{array}{|c|c|c|c|} \hline& \mathbf{\$ 8 , 0 0 0} & \mathbf{\$ 1 0 , 0 0 0} & \mathbf{\$ 1 2 , 0 0 0} \\\hline \$8, 000 & \text { S: } \$ 4 \text { million } & \text { S: } \$ 2 \text { million } & \text { \$: } \$ 1 \text { million } \\& \text { M: } \$ 4 \text { million } & \text { M: } \$ 6 \text { million } & \text { M: } \$ 7 \text { million } \\\hline {\mathbf{\$ 1 0 , 0 0 0}} & \text { S: } \$ 6 \text { million } & \text { S: } \$ 5 \text { million } & \text { S: } \$ 2 \text { million } \\& \text { M: } \$ 2 \text { million } & \text { M: } \$ 5 \text { million } & \text { M: } \$ 6 \text { million } \\\hline{\$ 12,000} & \text { S: } \$ 7 \text { million } & \text { S: } \$ 6 \text { million } & \text { S: } \$ 3 \text { million } \\& \text { M: } \$ 1 \text { million } & \text { M: } \$ 2 \text { million } & \text { M: } \$ 3 \text { million } \\\hline\end{array}\end{array}$
There are two mobile home manufacturers in Nevada, Sturdy Homes (S) and My Haven (M) . Sturdy Homes has been in the market for a long time and must now compete with newcomer, My Haven.Suppose that Sturdy Homes believes that My Haven will match any price it sets.Use Table 11-11 to answer the following question and assume throughout that Sturdy Homes believes that My Haven will match any price it sets.
-Refer to Table 11-11.What price will Sturdy Homes charge and what profit does Sturdy Homes expect to make?

• A)Price = $8,000; expected profit = $7 million
• B)Price = $8,000; expected profit = $4 million
• C)Price = $10,000; expected profit = $5 million
• D)Price = $12,000; expected profit = $3 million

Understand the role of counterconditioning in treating anxiety and other disorders.

Recognize cultural and systemic barriers to psychotherapy for ethnic minorities.

Appraise the effectiveness of psychotherapy and issues in therapy outcome research.

Understand the impact of social influences on behavior and attitudes.

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