Solution:
Given :
Location game with 9 possible 
and other than the players who are moving simultaneously and also independently, but they move in a sequential manner.
Vendor 1 selects a location.
After observing decision of vendor 1, vendor 2 chooses where to locate.
Using backward induction the game is solved as below :
-- 
will be a Nash equilibrium.
-- Presently 
(vendor 1) picks first then he will likewise get the chance to pick last as this another move amusement.
-- In the end of the game, vendor 1 will have claimed five regions and candidate 2 (vendor 2) will have claimed four regions.
-- So vendor 2 will keep this in mind and apply backward induction and choose the best regions early on the game.
-- Vendor 2 will keep in mind that vendor 1 will choose last and will ensure that his choices take up the best locations first.
--- This will be his ideal technique for each activity of vendor 1.
Hence this is the Nash equilibrium.
Answer: D.No. Since 26 is less than the break-even quantity, production of the product cannot produce a profit
Explanation:
At Breakeven the company will be making $0 in profit. The break-even number of units will therefore be;
0 = Revenue - costs
0 = 520x - (390x+15,340)
0 = 520x - 390x - 15,340
0 = 130x - 15,340
130x = 15,340
x = 118 units
As the break-even point is 118 units, anything below this will yield a loss. As the company has a capacity of 26 units, this is below the breakeven point so the company should not produce the good as they will surely make losses.
Chose carrots she might like enough more than the other food that was given
Answer:
45.9%
Explanation:
The computation of the debt payment to income ratio is as follows:
Income = $3,800
And,
Debt payment is
= auto loan payment + student loan payment +mortgage payment + credit card payment
= $350 + $150 + $1200 + $45
= $1745
So,
Debt payment to income ratio is
= Debt payment ÷ income
= $1,745 ÷ $3,800
= 0.459
= 45.9%
