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arsen [322]
3 years ago
14

Game theory is:A. a strategy that requires cooperation when multiple parties are involved.B. a methodology to accomplish winning

results in games of chance.C. the study of strategy and strategic behavior.D. focused on competition between two distinct rivals.
Business
1 answer:
Makovka662 [10]3 years ago
6 0

Answer:

C. the study of strategy and strategic behavior.

Explanation:

Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.

A popular example of game theory is the prisoners dilemma.

A game theory can involve more than two players.

An example of prisoners dilemma:

There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.

The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.

The Nash equilibrium is for both prisoners to defect.

I hope my answer helps you

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World Company expects to operate at 80% of its productive capacity of 50,000 units per month. At this planned level, the company
slega [8]

Answer:

Following are the solution to this question:

Explanation:

Please find the complete question in the attachment file.

                              Applied to fixed overhead

Overhead fixed by DL hr.         =\frac{50000}{25000}\ \ \ \ \ \ \ \ \ \ \ =2

DL hours standard   =35000 \times \frac{25000}{50000 \times 80\%}  \ \ \ \ \ \ \ \ \ \ \ \ =21875

Application of fixed overhead = 21875 \times 2.0 \ \ \ \ \ \ \ \ \ \ = 43750

                                 Variance in volume

Application of total fixed overhead  = \$43,750

Fixed total estimates Superfast  =\$50,000  

Variance of volume  = \$6,250

5 0
2 years ago
All quality social media creation for a business has some cost attached to it, therefore business managers have many factors the
BartSMP [9]

Answer: media share site

Explanation: In other to promote business growth, most businesses have tapped into the use of social media which enables business to reach a very large audience all over the world within a very short span of time. The media sharing sites refers to a website which gives users the privilege to store and share digital contents such as pictures, videos and other media content with others. Platforms such as Instagram, Vine, Flickr, and so on. Media sharing sites offers the ability to share contents with a others around the world through a website which is accessible from anywhere in the world. In selecting a media sharing site however, one must consider the content act or creator, distribution and cost.

6 0
3 years ago
Which of the following is not a cost created by high​ inflation? A. Inflationary impacts are not distributed evenly across the​
dybincka [34]

Answer:

The correct answer is the option A: inflationary impacts are not distributed evenly across the population, therefore, inflation causes the economy to redistribute income across households.

Explanation:

To begin with, <em>inflation</em> is the name that receives, in an economic field, the term that refers to the situation where the economy of a country <em>decreases its purchasing power per unit of money</em> causing a<em> loss of real value in the unit of exchange</em>. Moreover,<em> it affects the economy in many negative ways</em>, such as the reductions of the real value of the wages, causing a more difficult situation for the people to buy the primary groceries. Furthemore, it also increases the opportunity cost of holding money, causing to discourage investment and savings.

Therefore, that it is understandable that the correct answer is the option A, due to the fact that <u><em>a high inflation do not cause a redistribution in the income of the economy to the households, actually it causes the whole oppositve impact. </em></u>

7 0
3 years ago
You purchased 1,700 shares of the New Fund at a price of $25 per share at the beginning of the year. You paid a front-end load o
IrinaK [193]

Answer:

7.9%

Explanation:

Calculation to determine your rate of return on the fund if you sell your shares at the end of the year

First step is to determine the Cost of shares

Cost of shares =1700 x $25

Cost of shares= $42,500

Second step is to calculate the Total amount invested

Total amount invested=$42,500/(1-.02)

Total amount invested= $43,367

Third step is to calculate the Shares increase from $42,500 to...

Shares increase =$42,500(1.12-.019)

Shares increase=$42,500(1.101)

Shares increase= 46,793

Now let determine the Rate of Return

Rate of Return= (46,793 -$43,367)/$43,367

Rate of Return= $3,426/$43,367

Rate of Return= 0.079*100

Rate of Return=7.9%

Therefore your rate of return on the fund if you sell your shares at the end of the year is 7.9%

3 0
3 years ago
Service marketing requires ________. This means that the service firm must orient and motivate its customer-contact employees an
valentina_108 [34]

Answer:

internal marketing

Explanation:

Internal marketing is the process by which the company promotes its products, services and objectives to the employee. The employee then adapts to the companies marketing strategies to go inline with the need of the customers they work with. Which has made every employee within the organization to work towards a common goal.

8 0
3 years ago
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