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Hoochie [10]
3 years ago
7

In the prisoners' dilemma game, self-interest leads

Business
1 answer:
Sati [7]3 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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Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb, but actually ended up paying
andreyandreev [35.5K]

Answer:

Direct material quantity variance= $4.9 unfavorable

Explanation:

Giving the following information:

Copper Burgers sells burgers with 0.5 lb meat on each burger. They expected to buy meat a $2.45/lb.

They made 100 burgers this week, and used 52 lbs of meat.

To calculate the direct material quantity variance, we need to use the following formula:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Standard quantity= 0.5*100= 50

Direct material quantity variance= (50 - 52)*2.45

Direct material quantity variance= $4.9 unfavorable

5 0
3 years ago
Hey, help me lol XD <br><br>Which headphones are better boAT or Samsung?<br>​
Pavel [41]

Answer:

Samsung

Explanation

Just better quality

4 0
3 years ago
Blanchard Corporation issued a 1-year, 9%, $150,000 note payable on April 30, 2022. Interest expense for the year ended December
WITCHER [35]

The interest expense for the year ended December 31, 2021, for Blanchard Corporation is b) $9,000.

<h3>How is interest expense computed?</h3>

Interest expense is prorated.  Since Blanchard Corporation issued the notes on April 30, the interest expense for the year will not be for 12 months but only 8 months (May to December).

<h3>Data and Calculations:</h3>

Note payable = $150,000

Interest rate = 9%

Period of note = 1 year

Date of issuance = April 30, 2020

Interest expense at December 31, 2021 = $9,000 ($150,000 x 9% x 8/12)

Thus, the interest expense for the year ended December 31, 2021 is b) $9,000.

Learn more about interest expense at brainly.com/question/16134508

8 0
2 years ago
A hoverboard is a popular battery-operated motorized device that is similar to a skateboard. hoverboard owners have suffered num
Sveta_85 [38]
If in fact, the salesperson did knowingly and willingly, after being asked to sell you a "model...that is safe to charge indoors", sold you a hoverboard which
catches afire while it is being charged
inside a building of some kind, to my knowledge, this most assuredly does breach the implied warranty of fitness for a particular purpose, the aforementioned being upheld due to the fact that the product in question was only purchased because the buyer expressed a need for safety indoors to which, it was then "IMPLIED" by the aforementioned salesperson that this peice of merchandise was that which the customer was seeking. "Judgement for the plaintiff in the form of punitive damages and restitution in the amount of such and such, and so on and so forth, etc., etc..." Case Closed!!!



8 0
3 years ago
In determining whether to issue a loan, banks are not allowed to ask about an applicant's
Firlakuza [10]

Answer:

country of origin.

Explanation:

Banks have a set of requirements that borrowers need to meet to qualify for a bank loan. The banks will ask questions to determine if the customer is eligible for a loan. Most of the questions pertain to the purpose of the loans and the customer's ability to repay.

The bank will ask about employment history, credit history, tax information, personal information, the purpose of the loan,  collateral, and other questions related to the ability to repay. A person's country of origin is unnecessary and may elicit elements of discrimination.

3 0
3 years ago
Read 2 more answers
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