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
mrs_skeptik [129]
3 years ago
9

Suppose that you are participating in a game show. so far, you have won $10,000 free of tax and can leave with your winnings.how

ever, if you continue to play, you have a 50-50 chance of doubling your winnings or ending up with $7,500. what would you do?
Business
2 answers:
alisha [4.7K]3 years ago
8 0
Take that 50/50 chance.
olga nikolaevna [1]3 years ago
3 0

Answer

I would stop playing and leave with the $10000 free of tax

Explanation

The truth in such games is that they are not designed to be exactly 50/50. There are possibilities for outcomes that will tie or loose. Furthermore, a game that is really 50/50, the house will deduct some commission. These games always have a room for the house advantage, thus for me, I will just go with $10000 fortune!


You might be interested in
While placing his order, a customer tells the waiter to avoid bell peppers of any kind or color in the food since he is allergic
boyakko [2]

<span>An allergic reaction should not be treated lightly because this can actually result in death of the victim. So in this casem this could actually lead to serious illness or death of the customer. Which adds a very huge liability for the restaurant or organization.</span>

4 0
2 years ago
The Grind coffee shop offers drink cards to purchasers of its gourmet coffees with ten spaces. The cashier punches one space wit
Vera_Pavlovna [14]

A unilateral contract
With each cup of coffee purchased, the cashier punches a space. The card can be used to redeem a free coffee once all ten spaces have been punched. This serves as an illustration of a unilateral contract.
-Unilateral contract - A unilateral contract
explicitly states that payment will only be provided in exchange for performance by one side. A prize or a competition is another illustration of a unilateral contract. In a unilateral contract, the offeror has the right to withdraw it prior to the offeree's commencement of performance. Usually, the revocation must be made in writing. An insurance policy contract, which is typically only partially unilateral, is an illustration of a unilateral contract. The offeror is the sole party having a contractual responsibility in a unilateral contract. Most unilateral agreements are one-sided.
Learn more about the unilateral contract on brainly.com/question/3257527
#SPJ4

6 0
1 year ago
What would marginal analysis put an emphasis on?
DIA [1.3K]
The answer to this question is: <span>additional costs and benefits.
</span><span> is an examination of the additional benefits that received from doing an activity compared to the cost that must be incurred in order to do that activity.
</span>This analysis will help companies to determine what operations that they should maintain in the future in order to keep the profit margin of the company.
5 0
3 years ago
Webster Corporation's monthly projected general and administrative expenses include $5,000 administrative salaries, $2,400 of ot
algol [13]

Answer:

The total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

Explanation:

The computation of total general and administrative expense is shown below:

= Administrative salaries + Other cash administrative salaries + depreciation + Monthly interest on an outstanding bank loan

= $5,000 + $2,400 + $1,350 + $50

= $8,800

All cost is need to be recognized while computing the general and administrative expense because it is related to the expenses. Hence, it is included in the computation part

Hence, the total general and administrative expenses to be reported on the general and administrative expense budget per month is $8,800

5 0
3 years ago
Shale oil mining corporation is a us employer shale oil and other us employers must perform 1-9 verifications for
Kaylis [27]
<span>Shale oil mining corporation is a us employer shale oil and other us employers must perform 1-9 verifications for </span>new hires who work under the employer's direct supervision <span>including contractors and day workers.
1-9 verifications is required for all employee from another country to work in united states. This verification is required by homeland security in order to control the background check</span>
3 0
3 years ago
Other questions:
  • A broker enters into an Exclusive Right-to-Buy contract with a purchaser. The purchaser finds a satisfactory property and makes
    14·1 answer
  • __________ manages the movement of raw materials, parts, work in progress, finished goods and related information throughout the
    14·1 answer
  • Pet World is considering a project that has the following cash flow data. What is the project's IRR? Note that a project's IRR c
    10·1 answer
  • he following information relates to current production of outdoor chaise lounges at Backyard​ Posh: Variable manufacturing costs
    12·1 answer
  • Five hundred units of good x are currently bought and sold. The marginal buyer is willing to pay $40 for the 500th unit, and the
    15·1 answer
  • If a reform of the tax laws encourages greater saving, the result would be
    5·1 answer
  • You are comparing two annuities. Annuity A pays $100 at the end of each month for 10 years. Annuity B pays $100 at the beginning
    12·1 answer
  • "A pattern day trading account has a high market value during the day of $200,000 and has a "0" position at the end of the day.
    7·1 answer
  • Someone want to beat me up for free
    11·1 answer
  • Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity. 1. Buy $15,000 worth of
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!