Table 14-6 There Are Two Mobile Home Manufacturers in Nevada, Sturdy Homes

question 122

Multiple Choice

Table 14-6

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 14-6 to answer the following question and assume throughout that Sturdy Homes believes that My Haven will match any price it sets.
-Refer to Table 14-6.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

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Definitions:

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, a critical vital sign helping to identify various health conditions.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, often associated with atherosclerosis.

Cardiac Event

A medical occurrence related to the heart, often indicating a heart attack or other serious heart condition.

Rehabilitation

A process aimed at enabling persons with disabilities or those recovering from injury to reach and maintain their optimal physical, sensory, intellectual, psychological, and social functional levels.