Answer:
D. Disk has the greater marginal product of labor when labor is greater than 1.
Explanation:
Marginal product is the increase in output per unit of additional input. The Floppy has lesser marginal utility than Disk. When marginal product of labor is greater than than the product marginal utility increases which means more output is created.
Answer: B. Both firm A and firm B choose the low price.
Explanation:
Both firm A and Firm B will choose the low price and make profits of $3 if there is no cooperation.
This is because at any other price, the other firms could go with the low strategy and get more profit.
For instance, if Firm A is using a low price and Firm B is using a high price then Firm A makes profit of $10 whilst B makes $1.
Conversely, if Firm B charges a low price and A a high price, A will make paltry profits of $1 while B would make $10.
Their best option therefore is to both pick the low price and make $3.
If they were cooperating they could both charge a high price and make $5 each.
Your question was incomplete so I attached the payoff matrix.
Answer:
Total Expense: $ 347,000
Income: $ 135,000
Explanation:
<u><em>Income Statement Imaging Services </em></u>
<u><em>For the Month Ended March 31, 2018</em></u>
Fees earned $482,000
Wages expense $ 300,000
Rent expense $41,500
Supplies expense $3,600
Miscellaneous expense $1,900
Total Expenses $ 347,000
Income $ 135,000 Wages, rent , supplies and miscellaneous expenses are totaled and deducted from the fees earned. Fee earned is the revenue and the expenses are deducted from it. By deducting expenses from revenue we get the income.
Answer:
Kofi aka Da Flex
Explanation:
Not sure but i think this might be the answer
Answer:
Using an algorithm guarantees a solution to the problem (as long as the algorithm is followed correctly and nothing interferes with the problem solving process).
Explanation:
Algorithms are a step-by-step guide on how to solve specific problems, and they have the same outcome every time they are used as long as you follow them exactly.
The heuristic strategy uses the experience of our past to solve a problem (when you identify the problem and you have an idea of how to solve it), but can't guarantee a correct solution.
Trial and error are when you try different options, one by one until the problem is solved.
Subgoaling consists of making a separation of the problem in smaller steps that are easier to solve.