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Hoochie [10]
4 years ago
7

In the prisoners' dilemma game, self-interest leads

Business
1 answer:
Sati [7]4 years ago
8 0

Answer:

The correct answer is option d.

Explanation:

Prisoner's dilemma game is a game of strategy where the individual rational decisions lead to collective irrationality. When the individual players act in their self-interest they are unable to produce an optimal outcome.  

For instance, if two prisoners are captured and both of them confess that the other person has committed the crime to save themselves. Both of them will be convicted. This outcome will not be consistent with any prior agreement and will also cause a loss to both.

So individual rational decision to save oneself will lead to a collective loss of being convicted.

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A customer who buys a cup of coffee because they're feeling sleepy during the workday has experienced which of the following?
Darina [25.2K]
I believe it’s internal stimulus because of learnt and instinctual behavior
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Suppose two​ countries, Country A and Country​ B, have a similar real GDP per capita. Country A has an average economic growth r
kondaur [170]

<u>Answer:</u>

<em>Country B’s living standards will increase much more rapidly in the long run. </em>

<em></em>

<u>Explanation:</u>

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8 0
4 years ago
Purple Cab Company had 70,000 shares of common stock outstanding on January 1, 2021. On April 1, 2021, the company issued 40,000
AlladinOne [14]

Answer:

Purple Cab Company

The basic earnings per share is:

= $2.64 per share.

Explanation:

a) Data and Calculations:

January 1, 2021, Outstanding common stock shares = 70,000

April 1, 2021, Issue of new common stock shares = 40,000

December, 31, 2021, Outstanding common stock shares = 110,000

Outstanding fully vested incentive stock options = 7,000

Exercise price of options = $12

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Reported net income = $289,915

The basic earnings per share = $ (Net income/Outstanding common stock)

= $289,915/110,000

= $2.64 per share

b) The basic earnings per share does not include the fully vested incentive stock options.  It is only when calculating the diluted earnings per share that the stock options will be included.

3 0
3 years ago
The FDA banning a specific product that a company sells is an example of:_________
mario62 [17]

Answer: unsystematic risk that can be diversified away

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The FDA banning a specific product that a company sells is an example of unsystematic risk that can be diversified away.

The above scenario is simply a company related risk and therefore an unsystematic risk but it can actually be diversified away by proper utilization and allocation of resources. Therefore, the correct option is E

6 0
3 years ago
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