Answer:
If Firm 2 does not advertise, Firm 1 should advertise
If Firm 2 advertises, then Firm 1 should also advertise
Firm 1 dominant strategy is to advertise
Firm 2 dominant strategy is to advertise
1. A. Nash equilibrium is for both Firms to advertise.
Explanation:
Nash equilibrium is a state where interactions by different firms in a matrix is involved. No firm can gain by a unilateral change of strategy if other firm does not changes its strategy. It is a situation where there is optimal when there is no deviation from the initial strategy. Here firm 1 can by advertise and Firm 2 can also optimize by advertising.
Answer: C
Explanation:
Final capital account balance is talking about the final financial status of the partnership business at liquidation. The final allocation will be made based on the financial status of the business.
Family and consumer sciences cooperative extension agent is an example of a job in which career pathway in Family and Community Services.
<h3>Who is consumer cooperative extension agent?</h3>
These are individuals who reach out to people about the cooperative.
They go about to tell people about the various operations and benefits that are attached to being a member.
Therefore, family and consumer sciences cooperative extension agent is an example of a job in which career pathway in Family and community Services
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Answer:
b. Consolidate all credit cards onto a single card with a single interest rate.
Explanation:
When a debt payment plan is initiated then, it is decided according to the outstanding amounts, that which shall be paid first and the order of payment for remaining debts.
For this monthly income and expenses are to be evaluated, in order to decide how much payment shall be made accordingly, in each month.
But this entire process do not involve the step of aggregating all the cards so that there is only one card with the same payment. There is no relation to any such payment.
Answer:
Dividend paid = (5%× 10,000 × $10) = $5000.
Explanation:
<em>Preference shares entitles the holders to participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares</em>
It can be cumulative and non-accumulate.
Cumulative <em>simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/</em>
Non-cumulative i<em>s the exact opposite of the case . Here, unpaid dividends are not paid in arrears in fact such are forfeited for life.</em>
Dividend in Year 1
Dividend paid in Year 1 was $ 4000 but ought to be $5,000 (5%× 10,000 × $10). An arrear of $1000
Dividend in Year 2
Dividend paid = (5%× 10,000 × $10) = $5000.
Note that the unpaid dividend of $1,000 in year 1 is lost forever
