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drek231 [11]
3 years ago
7

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2

plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

Business
1 answer:
Brrunno [24]3 years ago
3 0

Answer:

answer can be seen in the attached file

Explanation:

Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)

What is Game Theory?

This is a mathematical modelling that deals  with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to  in war, business, and biology, sport.

In Game theory, outcome is dependent on the contributions of competing parties

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Analyzing Adjusting Journal Entries, Prepaid Asset and Deferred Revenue Voss Inc., an accounting firm, adjusts and closes its ac
Gennadij [26K]

Answer:

a. Case A-the $1,125 was debited to Supplies Expense. What is the balance of Supplies at year-end?

The previous balance was Supplies $225

If the following was made:

Dr Supplies expense 1,125

    Cr Supplies 1,125

Then the ending balance of Supplies would be = -$900

b. Case B the $1,125 was debited to supplies. What is the balance of Supplies at year-end?

The previous balance was Supplies $225

If the following was made:

Dr Supplies 1,125

    Cr Supplies expense 1,125

Then the ending balance of Supplies would be = $1,350

Explanation:

During the current year, supplies were purchased for $1,125 cash. The inventory of supplies at the prior year-end was $225.

Adjusting entry to record supplies expense = $1,125 + $225 - $360

Dr Supplies expense 990

    Cr Supplies 990

Ending balance of supplies inventory = $360

4 0
3 years ago
A salesperson is trying to sell you a phone that has 16 GB of memory saying, "that’s enough space to record an hour of high qual
borishaifa [10]

Answer:

The salesperson is not providing any information about what high quality means (resolution of video). Overall the option B is correct.

Explanation:

Firstly, the salesperson is not providing any details of video quality so he lacks here. The second reason that the information is inadequate is calculation is required for the consumption of memory by 720p and 1080p video. The video 720p consume almost below 4 GB for an one hour of video captured by an iphone camera. This means it posses space for 4hrs (16GB/4GB) of video so the option B is correct.

4 0
3 years ago
A 22-year-old college graduate just got a job in Nashville. She is considering buying a house with a $200,000 mortgage. The APR
Sloan [31]

Answer:

$16,394.26

Explanation:

using a loan calculator we can determine the amount of interest paid in both loans:

<u>loan 1</u>                                                 <u>loan 2</u>

n = 30 years                                      n = 30 years

principal = $200,000                       principal = $200,000

APR = 4%                                          APR = 3.6%

monthly payment = $954.83          monthly payment = $909.29

total interest paid = $143,739.01    total interest paid = $127,344.65

the difference in total interest paid between both loans = $143,739.01 - $127,344.65  = $16,394.26

the difference in monthly payment between both loans = $954.83 - $909.29  = $45.54

8 0
3 years ago
Prepare journal entries to record the following transactions involving the short-term securities investments of Natura Co., all
Bingel [31]

Explanation:

The journal entry  is shown below;

Short term investment A/c Dr $156,000

             To Cash $156,000

(Being the cash is paid to purchase the short term investment)

For recording this transaction we debited the short term investment and credited the cash as cash it is outflow and at the same time it increases the asset so it would be debited

4 0
3 years ago
What can you do to help choose the best idea?
Anna11 [10]
When presented with ideas and choosing the best one, you much decide certain factors to look at. Good factors to decide would be the pros of the idea, cost, convenience, etc. Picking the best idea in a situation means picking the idea that yields the most positives!
5 0
3 years ago
Read 2 more answers
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