Answer:
B) Because game theory is used to study conflict and cooperation in a competitive arena.
Explanation:
Oligopoly refers to the situation when the competition is limited which means that there are very few firms competing against each other.
Game theory: Studying strategies and actions of firms in a competitive market.
<em>Economists </em>use this study to explain oligopoly because companies have their own interests, and they often take actions which are against other companies so by studying game theory they understand the situation when companies are cooperating or are in conflict.
Answer:
1) payment of $ 78,867.70
2) payment of $ 62,614.11
3) 7 years
4) rate of 12%
Explanation:
On the first and second point we need to solve for the PMT:
PV $250,000.00
time 4
rate 0.1
C $ 78,867.701
PV $250,000.00
time 5
rate 0.08
C $ 62,614.114
In the third one we need to solve for time:
C $51,351.00
time n
rate 0.1
PV $250,000.0000
we work to reach this expression:
ANd we acn use logarithmics properties to solve for n
[tex]-n= \frac{log0.51315456368912}{log(1+0.1)
-n = -7.000072677
n = 7 years
Lastly, on the fourth, we need to solve for the rate, which is done using excel if we want an exact result and save time.
we list each value.
-250,000
104, 087
104, 087
104, 087
And calculate IRR by selecting this values.
12.0%
Answer: Pulsing
Explanation:
Pulsing could be described as combining flighting and continous schedule by using low advertising all year round and involving heavy advertising during peak periods.
This is noticed when a baseline of advertising is Increased during certain periods.
Answer:
The student should have in his account now the sum of $ 54,365
Explanation:
In arriving at the amount above,I used the present value formula,which is:
PV=FV/(1+r)^n
FV=future value=$15000 at the beginning of each of the four years
r[=rate=7%
n=number for each payment
The table below showed the detailed calculation
Year Cash flows FV/(1+r)^n
0 15000 15000
1 15000 14,019
2 15000 13,102
3 15000 12,244
Total 54,365
Please note that the beginning of year of year 1 is the same as year 0 and so on.
Answer:
The correct answer is the option C: food and energy.
Explanation:
On the one hand, the concept known as <em>"Consumer Price Index" </em>or CPI is refered to the measure that is basically used in economics in order to obtain the variation of prices in general that happens in a certain period of time, so that means that it focus in calculating the inflation of an economy by examinating the weighted average of prices of a basket of predetermined goods.
On the other hand, the <em>"Core CPI" </em>calculates the inflation in the costs of goods and services of a predetermined basket by does not include the ones from the food an energy sectors.