Listed Below Are Four Different Collusive Agreements That Nextflix and Flixbuster

question 41

Multiple Choice

Listed below are four different collusive agreements that Nextflix and Flixbuster are considering.Assuming both firms will abide by the terms,which collusive agreement(s) would maximize total profit in the market?
I.Nextflix supplies 50 subscriptions and Flixbuster supplies 450 subscriptions.
II.Nextflix supplies 450 subscriptions and Flixbuster supplies 50 subscriptions.
III.Nextflix supplies 300 subscriptions and Flixbuster supplies 100 subscriptions.
IV.Nextflix supplies 100 subscriptions and Flixbuster supplies 100 subscriptions.

• A) agreement I
• B) agreements I and II
• C) agreements II and III
• D) agreement III
• E) agreements III and IV

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Definitions:

Variation

The extent to which data points in a dataset differ from each other and from the mean of the dataset; critical in statistical analysis for understanding data dispersion.

Survey Scales

Rating scales used in questionnaires that allow respondents to indicate their opinions or feelings about a particular question or statement in a quantified manner.

Ordinal Data

Data that can be categorized or ranked, but the intervals between the ranks do not necessarily have a mathematical meaning.

Data

Facts and statistics collected together for reference or analysis, used to make decisions or inform conclusions.