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MrRissso [65]
3 years ago
5

Very often, the reason that players can solve the prisoners' dilemma and reach the most profitable outcome is that A. the player

s play the game not once but many times. B. self interest results in the Nash equilibrium which is the best outcome for the players. C. the game becomes more competitive. D. each player tries to capture a large portion of the market share.
Business
1 answer:
AysviL [449]3 years ago
7 0

Answer:

B- Self interest results in the Nash Equilibrium which is the best outcome for the players.

Explanation:

Prisoner's dilemma: It is the answer in the game theory to the reason that why 2 conflicted parties doesn't cooperate. According to Prisoner's Dilemma, 2 conflicted individuals doesn't cooperate because they both are acting to secure their own self interest, considering that the collective interest would be far much better, but they are interested in win/lose situation.

Nash Equilibrium: This occurs when both parties realize that no extra benefit will incur if they change their strategy, so they both remain on the same strategy and solve the dilemma while getting the optimum outcome for both of them.

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Larson Lumber makes annual deposits of $500 at 6% compounded annually for 3 years. What is the future value of these deposits?
Oliga [24]

Answer: $‭1,591.8‬0

Explanation:

This is an annuity as the deposits are constant.

The Future value of an annuity is;

= Annuity * Future value interest factor of annuity, 6% , 3 years

= 500 * 3.1836

= $‭1,591.8‬0

6 0
3 years ago
Assume the following data for Cable Corporation and Multi-Media Inc. Cable Corporation Multi-Media Inc. Net income $ 30,700 $ 11
BlackZzzverrR [31]

Answer:

<u>Return on equity (ROE) for Firm A</u>   = 11.99%

<u>Return on equity (ROE) for Firm B</u>   = 25.33%

Explanation:

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<u>Return on equity (ROE) for Firm A </u>

30,700/256,000 x 100= 11.99%

<u>Return on equity (ROE) for Firm A </u>

115,000/454,000x 100 = 25.33%

6 0
4 years ago
A ________ bankruptcy involves the debtor reorganizing his/her debts.
r-ruslan [8.4K]
Chapters 11

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3 0
3 years ago
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One way that leads a person to earn additional income is for the person to
egoroff_w [7]

Answer: b

Explanation:

8 0
4 years ago
Tom Tom LLC purchased a rental house and land during the current year for $150,000. The purchase price was allocated as follows:
Anika [276]

Answer:

correct option is B.$2,273

Explanation:

given data

purchased = $150,000

building = $100,000

land = $50,000

to find out

Tom's maximum depreciation for this first year

solution

we will apply here The mid month convention applies

and recovery period for Residential property =  27.5-year

maximum depreciation will be here as

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maximum depreciation = $100,000 × 0.02273

maximum depreciation = $2,273

so correct option is B.$2,273

5 0
4 years ago
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