1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anna71 [15]
3 years ago
10

Suppose Musashi and Rina are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix

that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Musashi chooses Right and Rina chooses Right, Musashi will receive a payoff of 4 and Rina will receive a payoff of 4.
Rina Rina
Left Right
Musashi Left 4, 3 6,1
Musashi Right 7,6 4,4

The only dominant strategy in this game is for _____ to choose _____.

The outcome reflecting the unique Nash equilibrium in this game is as follows: Musashi chooses _____and Rina chooses _____.
Business
1 answer:
natulia [17]3 years ago
4 0

Answer:

a) Dominant strategy is for Rina to choose Right.

b) Musashi chooses left and Rina chooses right

Explanation:

As per the data given in the question,

a).

A winning strategy is the tactic a player selects regardless of the tactic other player selects.

When Rina selects left, Musashi selects right because  (7>4)

When Rina selects right, Musashi selects left because  (6>4)

When Musashi selects left, Rina selects right because (6>1)

When Musashi selects left, Rina selects right because  (7>6)

So only dominant strategy is for Rina to choose Right

b)

In a Nash equilibrium, the players decide their strategies taking in consideration other strategy.

Hence, Musashi chooses left and Rina chooses right, (payoff: 6,1)

You might be interested in
A course that costs $500 will allow you to get a job that pays $2 more per hour than your current job. How many hours will you n
torisob [31]

Answer:

250 hours.

Explanation:

Cost of course : $500

The extra income from the course is $2 per hour

to pay off the cost of the course requires earning $500 by working at a rate $2 per hour.

Number of hours required = $500/2

=250 hours.

7 0
2 years ago
A company wishes to raise $170 million by issuing 20-year annual coupon bonds. Each bond will have a face value of $1,000; coupo
Margarita [4]

Answer:

The answer to the question is B I51,753 bonds

Explanation:

The present price of the bond and the total amount to be raised of $170m were used in arriving at the number of bonds to be issued.

n 20  

Coupon 6.60%  

YTM 7.7%*1000=77  

FV 1000  

PV ($1,120.25)  

The current price of the bond   $1,120.25  

Total amount to be raised   $170,000,000  

Number of bonds to be issued=total amount /bond price    151,752 approx...151753

Find attached spreadsheet with formulas so as to be able to follow through.

Download xlsx
6 0
3 years ago
What is an overdraft? A. Not making deposits frequently enough B. Making purchases at too many different retailers C. Going belo
svp [43]

Answer:

D. Spending more money than you have in your account

Explanation:

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. In this situation the account is said to be "overdrawn".

5 0
3 years ago
Read 2 more answers
The following items appear on the balance sheet of a company with a one-year operating cycle. Identify the proper classification
postnew [5]

Answer:

  • L
  • L
  • c
  • n
  • n
  • c
  • n
  • l
  • n

I think so buh I’d advice u to make it its correct

7 0
3 years ago
Question 1 of 10
fiasKO [112]

Answer:CURRENCY

Explanation:

IM TAKING THE TEST RIGHT NOW I GOTCHU HAVE A WONDERFUL DAY

7 0
3 years ago
Other questions:
  • Canadian Tire is one of Canada’s largest companies, with 50,000 employees and 1,100 stores and gas bars (gas stations) across Ca
    6·1 answer
  • Leisha grew 4.5 inches and gained 3 pounds last year. about how many years old is leisha likely to be?
    12·1 answer
  • On May 3, 2014, Eisler Company consigned 80 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers a
    15·1 answer
  • ​the main objective of _____ is to avoid problems or to identify them as soon as possible.
    13·1 answer
  • Max's Kennels spent $220,000 to refurbish its current facility. The firm borrowed 60 percent of the refurbishment cost at 5.95 p
    13·1 answer
  • Zoe runs a flower shop. She recently made some changes so that one employee answers phones and completes the order and payment p
    8·1 answer
  • Who is a shareholder? A Shareholder is the partial owner of the company who purchases and owns _____ in a company.
    13·2 answers
  • Kearney Inc. has a factory with the following characteristics: direct labor of $82056, direct materials of $52432 fixed overhead
    11·1 answer
  • please hurry!! Which of the following is a common behavior for an active listener? Look at your notes to make sure they are accu
    13·1 answer
  • Which of the following could be considered collateral for a loan? (Select all that apply.)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!