Answer:
Explanation:
Base on the scenario been described in the question, if raj is sure that Mary will cooperate, then the possible outcomes of Raj's is $200 and $150 .
If Mary thinks that Raj will cheat and work independently, then Mary will also cheat and work independently because if cooperate and Raj cheats, then Mary will not have anything.
Fixed expenses are expenses that stay the same for a person or a business. An example of a fixed expense is rent/mortgage. This expense doesn't change if you are only usig the building for 2 weeks or the entire month, its a set rate. A variable expense is an expense that changes like an electric bill, it varies based on the month and usage. When you budget, you can easily budget for your fixed expenses but you need to allow some room in your budget for expenses that change.
Answer:
NPV= 5,493.79
Explanation:
<u>To calculate the net present value (NPV), we need to use the following formula:</u>
NPV= -Io + ∑[Cf/(1+i)^n]
Cf1= 18,708 / 1.09= 17,163.30
Cf2= 21,200 / 1.09^2= 17,843.62
Cf3= 17,800 / 1.09^3= 13,744.87
∑[Cf/(1+i)^n]= $48,751.79
NPV= -43,258 + 48,751.79
NPV= $5,493.79
The formula for Growth rate of per capita GDP is:
Growth Rate = (per capita GDP in 2016 - per capita GDP in 2014) * 100 / per capita GDP in 2014
Growth Rate = (1,200 - 900) * 100 / 900
= 300 * 100 / 900
= 30,000/900
= 33.33 or 33
Therefore, 33% is the per capita growth rate between 2014 and 2016.
The advantages of primarily cash pay are the following:
1. It motivates the owner to expand the business.
2. The desirable increase in the level of services.
The disadvantages are the following:
1. There was a little incentive to the owner.
2. There was potential to lose sight to the customers.
