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arlik [135]
1 year ago
11

in some games, one player or firm moves first and commits to a strategy to which the rival player or firm will subsequently resp

ond. such games are called
Business
1 answer:
RoseWind [281]1 year ago
7 0

In certain games, one player or company will act first and commit to a plan that the other player or company would then counter. Sequential games are such games.

Sequential games are ones in which each player makes a move in turn or at a distinct moment. This implies that players that move later in the game have more knowledge about other players' or the world's states' activities. This implies that first-moving players frequently have an impact on the game.

Sequential games include chess, endless chess, backgammon, tic-tac-toe, and Go, among others.

According to sequential game theory, one player has an advantage over the others by moving first. In this approach, the game's flow is decided by the first mover.

To learn more about Sequential games

brainly.com/question/14102931

#SPJ4

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Karvel Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. For the mo
Galina-37 [17]

Answer:

Karvel would have applied more overhead to Work in Process than the actual amount of overhead cost for the year.

Option A is correct.

Explanation:lj;kxzx

Predetermined overhead rate = Estimated overhead cost/estimated machine hours.

Therefore, the  overhead rate of Karvel Corporation = $300,000 /75,000 = $4.00 per hour.

Now, we need to apply the Predetermined overhead rate on the actual machine hours.

At 75,000 machine-hours, the amount that would have been applied = 75,000*4 = $300,000.

Over/under- applied cost = Actual overhead cost - applied overhead cost.

Actual overhead cost = $290,000.

Applied  overhead cost = $300,000

Under- applied cost = $290,000 - $300,000 = -$10,000.

Thus, Karvel Corporation applied more overhead to Work in Process than the actual amount of overhead cost for the year.

5 0
4 years ago
g A company is evaluating a project requiring an initial cash outflow of $2 million. The investment will generate cash flows for
QveST [7]

Answer:

Explanation:

NPV of first option = - 2 + 1 / 1.1 + 1 / 1.1² + 1 / 1.1³ + 1 / 1.1⁴ + 1 / 1.1⁵

= -2 + .909 + .826+ .751+.683+ .620 = $1.789

NPV of the second option :--

NPV when annual cash flow is 1.5 million

-2 / 1.1 + 1.5 /1.1² + 1.5/1.1³ + 1.5 / 1.1⁴ + 1.5 / 1.1⁵ + 1.5 / 1.1⁶

= -1.818 + 1.239 + 1.127+1.024+.931+.846

= -1.818 + 5.167

= 3.349

NPV when annual cash flow is 0.5 million  

-2 / 1.1 + .5 /1.1² + .5/1.1³ + .5 / 1.1⁴ + .5 / 1.1⁵ + .5 / 1.1⁶

= - 1.818 + 1.722 = $ -0 .096

NPV = .65 x 3.349 - .35 x .096

= 2.177 - .0336

= $2.1434

value of option wait = $2.1434 - $1.789

= $ 0.3544

5 0
3 years ago
Sheridan Corp. is a fast-growing company whose management expects it to grow at a rate of 26 percent over the next two years and
Nady [450]

Answer:

Year 1 dividend $2.709

Year 2 dividend $3.413

Year 3 dividend $4.096

Year 4 dividend $4.915

Year  5 dividend $5.898

The present value of the dividends is $ 13.74  as contained in the attached.

Explanation:

The dividend for the 1st year is calculated thus:

DIV1=DIV0*(1+r)

r is the growth rate

DIV1=$2.15*(1+0.26)

DIV1=$2.709

The dividend for the second year is calculated thus:

DIV2=$2.709 *(1+0.26)

DIV2=$3.413

The dividend for year 3 is calculated thus:

DIV3=$3.413*(1+0.2)

DIV3=$4.096

The dividend for year 4 is calculated thus:

DIV4=$4.096*(1+0.2)

DIV4=$4.915

The dividend for year 5 is computed thus:

DIV5=$4.915*(1+0.2)

DIV5=$5.898

Download xlsx
7 0
4 years ago
In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the
snow_lady [41]

The question is in complete (the tutor added $8 as standard material price)

In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 pounds of the direct material at a cost of $76,630. The actual direct labor cost was $38,250 and the actual variable overhead cost was $11,951. The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for January is:

Assuming a standard material price of $8 per pound

(Note this was added by the tutor)

Answer:

Price variance   $9,370 Favorable

Explanation:

Material price variance

A material price variance occurs where materials are purchased at a price either lower or higher than the standard price. A favorable variance is recorded where the actual total cost of materials is lower that the standard cost. While an adverse variance implies the opposite

                                                                                                       $

10750 pounds should have cost (10,750 × $8)                     86,000

but did cost (actual cost                                                          <u>76,630</u>

Price variance                                                                          <u>9,370 Favorable </u>

                                               

4 0
3 years ago
Consider the list of economic questions and issues below. Which are microeconomic issues, and which are macroeconomic issues? Pl
anastassius [24]

Answer:

See explanation section

Explanation:

<em>1.</em><em> How much will the economy grow next year?</em> - This is a macroeconomic issue. Macroeconomic deals with the economy as a whole. It also deals with the large-scale structure and performance of an industry, behavior, and decision making of a country. Macroeconomic issues include global or national economies. Since the question is about whether an economy grows, it is about entire country's economy.

<em>2.</em><em> Why do economics majors earn more than marketing majors?</em> - Microeconomics issue. Generally, microeconomics issues deal with the individual level and firm-level decision-making. Since the question does not involve whole the industry or economy, it is a microeconomics issue. Instead the question is about whether the major of economics students earn more or less. It is only about an individual level topic.

<em>3.</em><em> How does Apple decide how many iPads to produce?</em> - Microeconomics issue as we are talking about only Apple company. Since it is an individual level economics, it is micro issue.

<em>4.</em><em> Why does the unemployment rate increase during a recession?</em> - As the question is related to a country's unemployment, it deals with the overall economy. So, it is Macroeconomic issue. Unemployment generally covers the whole economy of a country because it suggests how many people are unemployed in an economy.

<em>5.</em> <em>What happens to prices when the government increases the money supply?</em> - Macroeconomic issue as money supply is for the whole economy. Money supply is the total value of a country's economy. Therefore, money supply is a macroeconomic-related topic.

6. <em>Which company’s stocks should your mother buy?</em> - Microeconomics issue as your mother will not purchase all of the company's stock. It is an individual level purchase. It means only one person will purchase the stock, which is a microeconomics issue.

<em>7.</em><em> Should the government pass a jobs bill to stimulate the economy?</em> - Again, If anything is related to the large-scale and whole economy, it will be a macroeconomic issue. Since the government should pass the bill to stimulate economy which is for the country's economy, it is a macroeconomic issue.

<em>8.</em><em> Why does the price of gasoline increase during the summer?</em> - Only the price of gasoline and not other petroleum related products, so it is a microeconomics issue. It is not for the large-scale and industry level issue. Instead it is only a part of a petroleum corporation.

6 0
3 years ago
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