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dezoksy [38]
2 years ago
14

Dell first chooses whether to offer Symantec $30 or $20 for each copy of its software, and then Symantec responds by either acce

pting or rejecting the offer. The strategies and corresponding profits (in millions) for Dell (D) and Symantec (S) are depicted in the decision tree to the right. What is the Nash equilibrium of the game?
A. Dell will offer $30 per copy of the software and Symantec will accept the offer.

B. Dell will offer $30 per copy of the software and Symantec will reject the offer.

C. Dell will offer $20 per copy of the software and Symantec will reject the offer.

D. Dell will offer $20 per copy of the software and Symantec will accept the offer.
Business
1 answer:
Veronika [31]2 years ago
5 0

Answer:

The correct answer is Dell will offer​ $20 per copy of the software and Symantec will accept the offer.

Explanation:

A Nash equilibrium is a situation in which all players have put into practice, and know that they have done so, a strategy that maximizes their earnings given the strategies of others. Consequently, no player has any incentive to individually modify their strategy.

It is important to keep in mind that a Nash equilibrium does not imply that the best joint result for the participants is achieved, but only the best result for each of them considered individually. It is perfectly possible that the result would be better for everyone if, in some way, the players coordinated their action.

In economic terms, it is a kind of imperfect balance of competition that describes the situation of several companies competing for the market of the same good and who can choose how much to produce to try to maximize their profit.

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Alexxandr [17]

Answer:

a).

  • Labor hours productivity=3.500
  • Multi-factor productivity=2.423

b). The reduction in labor hours per employee per week to achieve this goal=15.735 hours

c). The maximum value that the overhead costs per week can be to ensure the multi-factor productivity is at least 1.257=$21,059.666

Explanation:

a).

  • <em>Step 1: Determine the labor hours productivity</em>

Labor output per week=potential leads×fee

where;

potential leads=5% of potential leads, and potential leads=3,000

potential leads=5%×3,000

potential leads=(5/100)×3,000=150

one-time fee=$70

replacing;

Labor output per week=70×150=$10,500

Labor input per week=cost per hour per employee×number of employees×number of hours worked

where;

cost per hour per employee=$25

number of employees=3

number of hours worked=40

replacing;

Labor input per week=25×3×40=$3,000

Labor hours productivity=labor output per week/labor input per week

Labor hours productivity=10,500/3,000=3.500

  • <em>Step 2: Determine the multi-factor productivity</em>

Multi-factor productivity=Generated fees/(labor cost+material cost+overhead cost)

where;

generated fees=number of employees×potential leads×potential ratio×fee

number of employees=3, potential leads=3,000, potential ratio=5%=5/100=0.05, fee=$70

generated fees=3×3,000×0.05×70=$31,500

Labor cost=$3,000

Material cost=$1,000

Overhead cost=$9,000

Total cost=3,000+1,000+9,000=$13,000

replacing;

Multi-factor productivity=31,500/13,000=2.423

b). Increasing the multi-factor productivity (MP) by 10%

New MP=(110/100)×2.423=2.665

New MP=generated fees/labor cost+material cost+overhead cost

labor cost=cost per hour per employee×number of employees×number of hours worked

where;

cost per hour per employee=$25

number of employees=3

number of hours worked=h

labor cost=25×3×h=75 h

material cost=$1,000

overhead cost=$9,000

generated fees=$31,500

New MP=2.665

replacing;

2.665=31,500/{(75 h)+(1,000)+(9,000)}

2.665=31,500/75 h+10,000

2.665(75 h+10,000)=31,500

199.875 h+26,650=31,500

199.875 h=31,500-26,650

199.875 h=4,850

h=4,850/199.875

h=24.265

New labor hours=24.265 hours per week

Initial labor hours=40 hours per week

Reduction in labor hours=Initial labor hours-new labor hours

Reduction in labor hours=(40-24.265)=15.735

The reduction in labor hours per employee per week to achieve this goal=15.735 hours

c). Using a multi-factor of 1.257

MP=generated fees/labor cost+material cost+overhead cost

where;

MP=1.257

generated fees=$31,500

Labor cost=$3,000

Material cost=$1,000

Overhead cost=c

replacing;

1.257=31,500/(c+3,000+1,000)

1.257=31,500/c+4,000

1.257(c+4,000)=31,500

1.257 c+5,028=31,500

1.257 c=31,500-5,028

1.257 c=26,472

c=26,472/1.257=21,059.666

The maximum value that the overhead costs per week can be to ensure the multi-factor productivity is at least 1.257=$21,059.666

8 0
3 years ago
Bogart Company is considering two alternatives. Alternative A will have revenues of $150,000 and costs of $100,600. Alternative
miv72 [106K]
B i think ..please check .
5 0
2 years ago
Use the following bond quotes to answer this question:
Alina [70]

Answer:

a. $247.50

Explanation:

As bonds are semi annual, every 6 months interest payment will be mad

Face value = 1000

Coupon rate = 8.25%

Number of bonds = 6

Interest payment = 1000 * 8.25% * (6/12) * 6

Interest payment = $247.50

So, the amount i will receive as the next interest payment is $247.50.

8 0
3 years ago
A project to put on a major international sporting competition has the following major deliverables: Sports Venues, Athlete Acco
11Alexandr11 [23.1K]

Answer  & Explanation:

Deliverable I choose is Event.

Answer is explained and draw in attached document.

Hope you like it. :)

Download docx
7 0
3 years ago
When the federal reserve purchases a government bonds from banks, reserves in the banking system ________ and the monetary base
Semmy [17]

When the federal reserve buys government bonds from banks, the monetary base and banking system reserves <u>both increases</u> while keeping all other factors constant.

The Federal Reserve, sometimes known as the Fed, is the most influential economic organization in the United States and maybe the whole world. Its primary duties include controlling the money supply, determining interest rates, and overseeing the financial markets.

In exchange for monthly interest payments, a bondholder lends money to a business or the government for a predetermined period of time. When the bond matures, the bond's issuer pays the investor its money back.

The Fed will buy bonds from banks to increase the amount of cash available, which will provide funds to the banking sector. The Fed will remove capital from the banking system by selling bonds to banks in order to reduce the amount of money in circulation.

Learn more about Federal Reserve

brainly.com/question/28197262

#SPJ4

7 0
9 months ago
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