Answer:
C. the study of strategy and strategic behavior.
Explanation:
Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.
A popular example of game theory is the prisoners dilemma.
A game theory can involve more than two players.
An example of prisoners dilemma:
There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.
The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.
The Nash equilibrium is for both prisoners to defect.
I hope my answer helps you
<u>Solution and Explanation:</u>
calculating the increase in the net operating income is as follows:
S.no Particulars and explanation Amount
1. Sales ( $268000 + 84000 ) 352000
2. Contribution ( 1 multiply with 40 percent) 140000
3. Fied expense ( $119200 plus $6200 ) 125400
4. Net operating income ( 2 step minus 3 step) $14600
therefore, net operating income increased by $ 14600 plus $12000
Note: the sales were not given, so i have taken or assumed. Please change the figure if there is different figure of sales in the question given.
Answer: a. marketing
Explanation:
Using email for marketing purposes has become a very effective method of advertising since the advent of the internet and subsequently email services. It is quite low cost and yet has a wide coverage.
It also enables immediate communication that can be quite interactive thereby ensuring that customers can be personally catered for. It also allows for creativity in marketing as a multitude of methods can be used ranging from newsletters to posters.
Answer:
B. Work-in-Process Inventory-Dept. 2 750 Work-in-Process Inventary Debit. 1 750
Explanation:
The journal entry to record this transaction is shown below:
Work-in-Process Inventory A/c - Department 2 $750
To Work-in-Process Inventory A/c - Department 1 $750
(Being the completed units are transferred)
For recording this transaction we debited the work in process department 2 and credited the work in process department 1
Answer:
c) is the same along both curves.
Explanation:
Two straight-line PPFs have the same vertical intercept, but curve I is flatter than curve II. The opportunity cost of producing the good on the horizontal axis is the same along both curves.
