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.
Answer:
2.42 times
Explanation:
The computation of the acid test ratio is shown below:
Acid test ratio = Quick Assets ÷ Current liabilities
where,
Quick Assets = Cash + short term investment + account receivable
= $4,500 + $50,500 + $66,000
= $121,000
And, the current liabilities is $50,000
So the acid test ratio is
= $121,000 ÷ 50,000
= 2.42 times
Basically we applied the above formula to find out the acid test ratio
Answer:
Suppose:
F stands for France, S stands for Sweden, and N stands for Norway.
The game according to the given condition is:
[ Find the matrix in attachment ]
Each point indicates that you invaded.
Radio & Television Is The Answer