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
MaRussiya [10]
3 years ago
12

Suppose that each of two prisoners, Mel and Max, has the independent choice of confessing to a crime or not confessing. If neith

er confesses, they spend 2 years in jail: if both confess, they spend 3 years in jail. If one confesses while the other does not, the confessor gets off with 1 year in jail while the other gets 6 years in jail. According to game theory, the likely strategy by the prisoners is that:
A. both will confess
B. neither will confess
C. Mel will confess and Max will not
D. both may or may not confess
E. Max will confess and Mel will not
Business
1 answer:
Elena L [17]3 years ago
8 0

Answer:

Here according to the game theory the likely strategy by the prisoner is that:

A. Both will confess

Explanation:

Here, in the given question it is mentioned that Mel and Max are two prisoners both have been given an independent choice of confession whether to confess or not for a crime they have done.

So, there are different cases which will lead to different actions by the court i.e.

  • If neither of them will confess they will have to spend 2 years in jail.
  • If both will give their confession they will be spending 3 years in jail.
  • If one of them confesses and the other does not do the one who will confess will get out of the jail within 1 year and the other one will get a 6 years of jail period.

So, according to the Game theory, the strategy that is going to be likely followed is that :

A. Both the prisoners will confess.

You might be interested in
A company's old machine, which cost $45,000 and had accumulated depreciation of $34,500, was traded in on a new machine of like
KonstantinChe [14]

Answer:

Total Value of New Machine =  $58500

Explanation:

given data

old machine cost = $45,000

accumulated depreciation = $34,500

invoice price = $55,000

cash paid  =  $48,000

to find out

new machine should be recorded

solution

we get here first value of Old Machine after Depreciation is

value of Old Machine after Depreciation = Old Machine Value-Depreciation    .............1

put here value

value of Old Machine after Depreciation = $45,000 - $34,500

value of Old Machine after Depreciation = $10500

and

Total Value of New Machine = Cash Paid + Balance Value of Old Machine  .......2

Total Value of New Machine = $48,000 + $10500

Total Value of New Machine =  $58500

4 0
3 years ago
Joe Jones is preparing the statement of cash flows for Apricot Inc. He has determined that the net cash flow provided by operati
kenny6666 [7]

Answer:

The ending cash account balance for Apricot Inc is $8,297.

Explanation:

There are three components in the statement of cash flows:

  1. Operating activities - Here, non-cash items applied to deriving the net income based on the accrual basis are adjusted for. Also, the movement in working capital and liabilities are accounted for.
  2. Investing activities encompass the assets purchased to generate the net income.
  3. Financing activities: These include activities that are geared towards improving the capital structure of the organization.

In deriving the cash flows at the end of the period, the balances in the activities above are added up, either outflow or inflow. Then the addition is added to the beginning balance of cash flows. This is done below.

Net cash flow provided by operating activities             $45,042

Net cash flow used in investing activities                     ($20,831)

Net cash flow used in financing activities                     ($27,997)

Beginning cash account balance                                    $12,083

Ending cash account balance                                         $8,297

4 0
3 years ago
Ideally, what will the U.S. Census Bureau will help you identify? Question 4 options: The kind of population living in your neig
Nutka1998 [239]

Answer:

Option 1

Explanation:

The US Census Bureau will help you identify the kind of population living in your neighborhood.

7 0
3 years ago
Isaza Corporation produces and sells two products. In the most recent month, Product U82U had sales of $28,000 and variable expe
Zolol [24]

Answer:

The overall break-even point will be increased

Explanation:

Contribution margin ratio

( Sales - variable cost ) / Sales

U82U = ( $28,000 - $13,440 ) / $28,000 = $14,560 / $28,000 = 0.52

P89W = ( $18,000 - $7,260 ) / $18,000 = $10,740 / $18,000 = 0.60

As the contribution margin ratio of U82U is lower than the P89W, so, the shift of sales towards U82U will increase the overall break-even point because more unit with lower contribution will be needed to sale to recover the fixed cost.

5 0
4 years ago
You submit an offer to the seller. They agree with price, inclusions, everything except the closing date. The proper way to hand
BartSMP [9]

Answer:

The correct answer is: renegotiate.

Explanation:

When a contract between two parties take place the most common actions to take is to negotiate every part of the contract in order to place both parties in a succesfull situation because if any of the parties has a disagreement in any term of the contract then that party will be in a least favorable situation than the other. The primarily thing to do is to establish terms that conform to all the parties involved. Therefore that <u>if a clause is not accepted by one party then the both should renegotiate</u> the terms established in order to happily agree in a medium point.

5 0
4 years ago
Other questions:
  • When marketers combine traditional marketing communications​ (advertising, sales​ promotion, public​ relations, and direct​ mark
    13·1 answer
  • Brief Exercise 15-04 Sandhill Corporation issued 385 shares of $10 par value common stock and 127 shares of $50 par value prefer
    15·1 answer
  • The main purpose of the company known as Credit Mobilier was to
    8·1 answer
  • What should be done to differentiate one inbound load from another?
    8·2 answers
  • A manufacturer makes colored blocks for children. The blocks are modeled by the right rectangular prism as shown with congruent
    6·1 answer
  • Dry Gulch Farms hires Elliot to repair its irrigation system on site on a certain date for $2,500, but Elliot does not show up a
    14·1 answer
  • _______ is an alternative dispute resolution technique where a third party urges disputing parties to deal directly with each ot
    13·1 answer
  • The accounting records of Nettle Distribution show the following assets and liabilities as of December 31, 2016 and 2017.
    10·1 answer
  • What are the total expenses for Forks Gym for the month of March?
    7·1 answer
  • which of the following steps of the new product development process would most likely use an real-win-worth it framework?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!