Answer:
A convention
Explanation:
Nash equilibrium is a theory or a concept of equilibrium, which is in the game theory ,where the possible result or the best outcome of the game and there is no incentive which could deviate from the strategy.
So, it is an effective way to move toward the Nash equilibrium is known or referred to a convention, which is a non- cooperative game.
Answer to a:
The number of years for which the deposits will be made is given by:
= Retirement age - current age
= 65 - 23
= 42 years
Answer:
3 years
Explanation:
The cash payback period measures how long it takes for the amount invested in a project to be recouped from cumulative cash flows.
Explanations on how the payback period is calculated can be found in the attached image.
Please contact me if you need clarification.
I hope my answer helps you.
Answer:
Risks that are produced by a non-human source and are beyond human control. They are unexpected but happen regularly enough in a general population to be broadly predictable. Good examples of external risks are natural disasters such as earthquakes and volcanoes.
Explanation:
Answer:
With contribution of $1,050 million to fixed costs, The vice president must introduce the computer
Explanation:
Decision on whether or not to introduce a product relies on the variable cost or Relevant costs. The Vice President must only consider the incremental costs incurred as a result of introducing the new product. Incremental Costs are cost that will be incurred only if they decide to produce and introduce. Incremental costs or Revenue are Relevant cost or incomes that are a resulting of deciding to introduce, if the vice president decides not to introduce then all those incremental relevant costs and revenues will be avoided and not incurred. Fixed costs are irrelevant costs and are not a factor in deciding as the decision will depend on the contribution by the new product.
Details DC6900-X
Sales (500,000*$3,900) $1,950,000,000
Variable costs (500,000 *$1,800) -$900,000,000
Contribution $1,050,000,000
