_____ justice is based on the evaluation of outcomes or results of the business relationship.

It will take Cody 3 months to save up enough money to purchase a stereo. He has a credit card with a 12% interest rate. Cody’s f

Alchen [17]

Answer:

Mark is correct.

Explanation:

If Cody saves for three months, he will not incur any other cost apart from the purchase price of the stereo. Cody may even earn some interest on the savings depending on his type of account.

The use of a credit card is incurring a debt. The credit card debt is usually among the highest in the market. It calculates interests monthly. If Coby purchases the credit card, he will pay three months' interest on the credit.

The savings option will cost less money because it eliminates interest payments.

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3 years ago

Read 2 more answers

An alien drops onto the planet, and the only books he reads are horatio alger, jr., novels. the alien concludes that:

Alex

The alien concludes that <span>the rags-to-riches narrative of social mobility is true and realistic.
As it turn out many considerations need to be made from the rags to riches narrative. For example, it is true that as individuals we need to work hard to achieve success in our career, but we can't deny the fact that born in wealthy family will give children a clear competitive advantage in education or ways to raise capitals for the business, which make it harder for poor people to actually become wealthy.</span>

7 0

3 years ago

Suppose Securitex is a small firm that has developed a new anti-theft device for automobiles. Securitex currently sells its dev

Harman [31]

Answer:

The data is missing, so I looked for a similar question (see attached image).

in a subgame perfect equilibrium, players take turns, one player (GM) will take turn an make an offer to the second player (Securitex), and then the second player will decide whether to accept the offer or not. The situations where the offer is rejected are not really an equilibrium since basically GM and Securitex get nothing out of the deal.

The two remaining options where Securitex accepts the offer must be analyzed in the following way:

After GM makes its move, is Securitex going to be better off or not. If GM makes a high offer and Securitex accepts it, then both will be better off. But if GM makes a low offer and Securitex accepts, it, GM will be better off but Securitex will be worse off, so that is not a real equilibrium.

The only option where a real equilibrium happens and is accepted by both, is that GM makes a high offer and Securitex accepts it. This would be option C.