Answer:
The correct answer is option c.
Explanation:
Game theory is a tool in economics. It helps to understand the situation in cases where rational players interact and act in a strategic manner. For instance in an oligopoly market where there are few firms, which are interdependent.
These firms or producers are rational players who have to decide output and price level in order to maximize their economic profits.
The theory of monopoly can be applied only in case of monopoly market. The cartel theory is applicable if firms have formed a cartel. Aggressive competition model is not always necessary.
So, the correct answer here will be option c.
Answer:
b. a proprietorship
Explanation:
A proprietorship -
It refers to the most simplest business form , where one can start or operate an business , is referred to as a proprietorship .
A sole proprietorship refers to the person , who can operate a business , and is responsible for any type of loss or debt , is referred to as a sole proprietorship .
Hence , from the given scenario of the question,
The correct option is b. a proprietorship .
The correct statement is that the average time taken by Koto for completion of such trip is 3 hours. So the correct option that matches the quoted statement above is D.
The calculation of such trip of Koto can be done by applying the known formula of Time when the Speed is multiplied by Distance to compute the actual time of the trip.
<h3>Calculation of Time taken for travel</h3>
- Using the formula above, the commute in each direction is added as 45000 meters or 45 kilometers.
- If Koto's average speed is 4.5 meters per second, then she travels roughly 270 meters in one minute. Using this information, putting the values in the formula, we get,
- Converting minutes into hours, we get
- Time will be rounded off to the nearest value, and we can conclude that the trip takes about three hours to complete.
Hence, the correct option is D that the time taken by Koto to complete such trip is roughly three hours.
Learn about Time and Distance here:
brainly.com/question/4199102
Answer:
The manager should pick project B
Explanation:
To determine what decision the manager should make, the NPV of both projects should be calculated.
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
NPV for project A
Cash flows:
Year 0 = $-335,000
year 1 = $140,000
year 2 = $150,000
year 3 = $100,000
I = 6%
NPV= $14,536.87
NPV for project B
Cash flows:
Year 0 = $-365,000
year 1 = $220,000
year 2 = $110,000
year 3 = $150,000
I = 6%
NPV= $66,389.67
Both projects are profitable but because the firm uses capital rationing , the manager has to pick the now profitbale project, which is project B.
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you