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Neko [114]
3 years ago
7

An efficient way to move toward the Nash equilibrium is called:

Business
1 answer:
laiz [17]3 years ago
6 0

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.

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Klamath Corp. produces two products: saws and drills. Three activities are used in their manufacture. These activities and their
slega [8]

<u>Solution and Explanation:</u>

Answer 1 <u>Calculation of activity rate is as follows: </u>

<u>Stamping</u> = Budgeted costs divided by Machine tour  

= $200000 / 10000 = $20 machine hour

<u>Assembly</u> = Budgeted costs divided by Labor hour

= $400000 divided by 20000 = $20 labor hour

<u>Setup</u> = Budgeted costs divided by setup

= 30000 / 15 = 2000 setup

Answer 2 <u>Overhead cost per unit = Total overhead cost divided by total units produced .</u>

\text { Saws }=(((4000 * \$ 20)+(7000 * \$ 20)+(3 * 2000)) / 500

Saws = $452 per unit  

\text { Drills }=(((6000 * \$ 20)+(13000 * \$ 20)+(12 * 2000)) / 600

Drills = $673 per unit

5 0
3 years ago
Dion, a shareholder, owned 20% of MedowBrook’s stock for 292 days and 25% for the remaining 73 days in the year. Using the per-d
Igoryamba

Answer:

Ordinary Income allocation $12,600

Tax-exempt interest allocation$210

Charitable contribution allocation $714

Explanation:

Ordinary Income allocation:

For 20% ownership: $60,000 * [20% * (292/365)] = 9,600

For 25% ownership: $60,000 * [25% * (73/365)] = 3,000

Total 9,600 + 3,000 = $12,600

Tax-exempt interest allocation:

For 20% ownership: $1,000 * [20% * (292/365)] = 160

For 25% ownership: $1,000 * [25% * (73/365)] = 50

Total 160 + 50 = $210

Charitable contribution allocation:

For 20% ownership: $3,400 * [20% * (292/365)] = 544

For 25% ownership: $3,400 * [25% * (73/365)] = 170

Total 544 + 170 = $714

8 0
3 years ago
West Street Automotive is considering adding state safety inspections to its service offerings. The equipment necessary to perfo
Over [174]

Answer:

19.7%

Explanation:

The modified internal rate of return is a capital budgeting method used to determine the profitability of an investment. The MIRR assumes that cash inflows are reinvested at the firm's cost of capital and outflows are financed at the firm's financing cost.

MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n)  - 1

Future value = payment x[ (1 + interest rate)^n - 1 ] / interest rate

$193,000 x (1.17^5) - 1 / 0.17 = 1353779.24

1353779.24 / $551,000) ^0.2 - 1 = 19.7%

6 0
3 years ago
The benefits of time management
erastova [34]
Being more productive and more free time
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4 years ago
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Suppose that individuals differ in their relevant attributes, such as their medical history, lifestyle, and overall risk of dise
Alexandra [31]

Answer:

The answer is "True".

Explanation:

In the given question, some information is missing, that is "Fill in the blank", which can be described as follows:

  • The healthcare insurance premium is focused on everybody's median health in the population, healthier people are likely to cancel their policies, leading to a Sicker patient pool and greater insurance prices.  
  • This topic is regarded as an adverse selection of the health insurance market. Since health insurers company doesn't have full medical information they charge a premium of the patient, that's why the given statement is true.
3 0
3 years ago
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