Answer: true, there is an equilibrium.
Explanation:
the above game is a pure strategy. A pure strategy occur when the game is strictly determined. the criteria used to determine the pure strategy is maxi-min and min-max. max-min means selecting the least case from all best cases and min-max means selecting the best from all least cases.
Base on the criterion, the least out of all best for max-min is 1 unit and the best out of all least cases for min-max is 1 unit. the max-min is equal to the min-max,hence it strictly determined and therefore a pure strategy.
The two forms of financial aid that is required for a student to bear the cost of college education are the following; direct loans and work study programs. It is because direct loans can help a student to provide money that they could lend and be paid off based on the time period it provides while work study program assist students in means of providing money for the student in which in return, they should work for them with no money to be paid for them.
Answer:
The answer is below
Explanation:
The Federal Reserve System Board of Governors is one of the five branches of the Federal Reserve System. Their roles involve carrying out the analysis of economic data, executing supervision of Reserve Banks, establishing and overseeing financial regulations.
The board comprises seven members with 14-year terms. They also partake in the Federal Open Market Committee and as well liaising with leaders in other parts of the government.
Answer:
The Bid Price you should submit is $15.45
Explanation:
NPV = -795000 + 143000*(1-21%)/1.09^5-70000 + 70000/1.09^5 + ((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5)
=> -795000 + 143000*(1-21%)/1.09^5 - 70000 + 70000/1.09^5 +((120000*(P-10.15) - 435000 - 795000/5)*(1-21%) + 795000/5)/0.09*(1-1/1.09^5) >=0
=>P = 15.446118865171
Therefore, The Bid Price you should submit is $15.45
Answer:
- How to best segment the ready-made dinner market.
