Player 2 does not have a dominant strategy in this game.
What is dominant?
To be dominant is to exercise power. One male wolf in a pack engages in combat with the others, prevails, and rises to the position of leader. Dominus, which means "lord or master" in Latin, is where the word dominant originates. This is one of many names for God that you may be familiar with if you attended a Latin mass as a child. If you treat others as though you are their master, you are dominant. The word dominant can also be used to describe something frequent as well as typical. For instance, making calls was the primary function of cell phones when they first became available. Some people hardly ever make calls on their cell phones because they can do so much more now.
A dominant strategy is one that provides the best outcome regardless of what strategies the other player chooses. In this game, if Player 1 cooperates, then Player 2's best strategy is to also cooperate. However, if Player 1 cheats, then Player 2's best strategy is to cheat. Therefore, Player 2 does not have a dominant strategy because the best strategy depends on what Player 1 does.
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Answer: 71%
Explanation:
The Budgeted material loading charge was 84% of material cost of $1,268,000.
Yet the actual loading cost was $164,840 which means that actual loading cost percentage is:
= 164,840 / 1,268,000 * 100%
= 13%
Profit margin = Budgeted percentage - Actual percentage
= 84% - 13%
= 71%
Answer:
The answer options are:
A. 90 days
B. 1 year
C. 4 years
D. 6 years
Explanation:
FINRA Rules prescribe that broker/dealers preserve for a period of not less than 6 years after the closing of any customer's account, any account cards or records which related to the terms and conditions with respect to the opening and maintenance of the account.
Answer:
The Fair Labor Standards Act was established in 1938.
Answer: Under FINRA rules, this is an example of<em><u> non-cash compensation and is prohibited.</u></em>
FINRA forbids enrolled individuals from accepting a acquisition in the sum of more than $100, and also forbids representatives from accepting "non-cash compensation".
The mutual fund sponsor is not the employer of the registered representative - the representative is an employee of the broker-dealer who is in the mutual fund selling group. The benefactor is not permitted to hold such contest - only the employing organizations can hold such contest, provided that it cannot favor the sale of one fund over another. This is an example of "non-cash compensation" under FINRA rules and is prohibited.
