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3 years ago

What is the nash equilibrium for this game?

1 answer:

5 0

The nash equilibrium would be A. bp and the mini-mart will both not advertise.
The nash equilibrium happens when all of the competitors choose the decision that give the optimal outcome for both of them.
If Bp and mini-mart both choose not to advertise they both will have a similar profit.

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The Acmeville Metropolitan Bus Service currently charges $0.88 for an all-day ticket, and has an average of 433 riders a day. Th

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Answer:

Absolute value of the price elasticity of demand = 6.8 (ELASTIC)

Explanation:

(See attached)

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3 0

3 years ago

An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return

lesantik [10]

Answer:

Expected Return =

Recession = ( 20/100)* 20% = 4%

Steady = (40/100)*10% = 4%

Boom = ( 40/100) * 35% = 14%

Expected Return =  22%

there is no answer in the option. The correct answer is 22%.

Explanation:

Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.

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3 years ago

Midwest Fabricators Inc. is considering an investment in equipment that will replace direct labor. The equipment has a cost of $

Ne4ueva [31]

Answer:

Average rate of return = 14 %

Explanation:

Average rate of return = Annual average return/ Average Investment

Average investment =( Initial investment + scrap value)/2

Average investment = 138,000 + 12,000/2 =75,000

Average annual return = Savings in cost - energy cost - depreciation

Depreciation = (initial cost - scrap value)/2= (138,000 - 12,000)/2= 12600

Average annual return = 29,780-6,680-12600= 10500

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Average rate of return = 14 %

6 0

3 years ago

A corporation issued $580000, 10%, 5-year bonds on January 1, 2020 for $626400, which reflects an effective-interest rate of 7%.

ioda

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, the given data are as follows:

For Jan.1,2020 value = $626,400

Interest rate = 7%

So, we can calculate the amount of bond interest expense by using following formula:

Interest Expense = Carrying Value × Market Interest Rate

By putting the value of following

Interest expense = $626,400 × 7%

= $626,400 × 0.07

= $43,838

Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.

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3 years ago

Suppose that a firm operating in perfectly competitive market sells 200 units of output at a price of $3 each. Which of the foll

miv72 [106K]

Answer:

The correct answer is option i.

Explanation:

A firm is operating in a perfectly competitive market.

The firm is selling 200 units of output.

The price of each unit of output is $3.

In a perfectly competitive market, a single firm faces a horizontal line demand curve. This horizontal line represents demand, price line, average revenue, and marginal revenue.

So if the price is $3, it implies that the marginal revenue and average revenue is also equal to $3.

The total revenue is $600.

4 0

3 years ago

What is the nash equilibrium for this​ game?

What is the nash equilibrium for this game?