The benefits a worker receives from an employer typically include

The prisoners' dilemma is ____________ with a ____________ equilibrium that is not the best outcome for both players.

yan [13]

Regardless of what the other prisoner does, the excellent strategy for each prisoner is to confess.

Rationalization:

The prisoner's predicament describes a state of affairs in which prisoners find themselves in an instead complex scenario. in the event that they both deny the crime, they are collectively better off. but, the interrogators offer a deal that forces them towards a confession.

The shortage of belief in a few of the prisoners is so sturdy, that they emerge as confessing. that is made feasible through keeping them remoted from every different and developing incentives to admit. sufficient worry is generated, in addition to the temptation of praise is also given.

Each prisoner gets tempted with the aid of the fast jail term and turn out to be confessing. This simply makes their punishment pretty big, and also well-known for showing critical secrets and techniques to the police.

The collision between the various two prisoners ought to be robust and sufficient for both of them to disclaim. but, this doesn't manifest, and each of them gets lured by means of the police. that is also their dominant method.

Learn more about confessing here

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7 0

2 years ago

U.S. Steel is considering a plant expansion to produce austenitic, precipitation hardened, duplex, and martensitic stainless ste

kirza4 [7]

Answer:

$5.5228 million

Or

$5,522,800

Explanation:

First, calculate the present value of all cash outflows

Present value of cash outflow = Initial Cost + ( Year 1 cost x Discount factor 15%, 1 year ) + ( Annual Cost x Annuity factor 15%, 10 years )

Where

Initial cost = $13 million

Year 1 cost = $10 million

Discount factor 15%, 1 year = 1 / ( 1 + 15% )^1 = 0.8696

Annual Cost = $1.2 million

Annuity factor 15%, 10 years = 1 - ( 1 + 15% )^-10 / 15% = 5.019

Placing value sin the formula

Present value of cash outflow = $13 million + ( $10 million x 0.8696 ) + ( $1.2 million x 5.019 )

Present value of cash outflow = $13 million + $8.696 million + $6.0228 million

Present value of cash outflow = $27.7188 million

Now use the following formula to calculate the annual revenue required to recover its investment plus a return of 15% per year

Present value of Annual revenue = Annual Revenue x Annuity factor 15%, 10 years

Annual Revenue = Present value of Annual revenue / Annuity factor 15%, 10 years

Where

Present value of Annual revenue = $27.7188 million

Annuity factor 15%, 10 years = 1 - ( 1 + 15% )^-10 / 15% = 5.019

Placing value sin the formula

Annual Revenue = $27.7188 million / 5.019

Annual Revenue = $5.5228 million

Annual Revenue = $5,522,800

8 0

3 years ago

Assume Baldwin Corp. is downsizing the size of their workforce by 15% (to the nearest person) next year from various strategic i

insens350 [35]

Answer: $362,100

Explanation:

I could not find your exact question's details but I believe this can act as a reference.

Baldwin has 473 employees (given as the Complement). They plan to downsize by 15% which means they plan to retrench;

= 473 * 15%

= 70.95

= 71 people

The cost of retrenching one person is;

= 100 + 5,000

= $5,100

For 71 employees;

= 5,100 * 71

= $362,100

3 0

3 years ago

An attestation engagement is one in which a CPA is engaged to:________.

diamong [38]

Answer:

D. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.

Explanation:

An attestation engagement which could also reffered to as assertion- based engagement could be explained as a situation wheryby a third party is allowed to evaluate a subject matter by the clients.

It should be noted that CPA is engaged to: Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.

5 0

4 years ago

A bond has a Duration (not Modified) of 4.2 years and is priced at 99.50. Its yield is 3%. How much will its price change if the

saw5 [17]

Answer:

1.22%

Explanation:

The modified duration of the bond gives an indication of change in price due to a 1% change in the yield to maturity,hence, the bond modified duration is computed using the formula below:

modified duration=Macaulay Duration/(1+YTM)

Macaulay Duration=4.2

YTM(initial)=3%

modified duration=4.2/(1+3%)= 4.08

That for 1% change in yield to maturity price would change 4.08%

0.3% change in yield(3.3%-3%)= 4.08%*0.3%=1.22%

4 0

3 years ago