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aniked [119]
3 years ago
15

"the table above shows the payoff matrix offered to two suspected criminals, bonnie and clyde. the payoffs are the years they wi

ll spend in prison. the suspected criminals are not allowed to communicate. given the information in the payoff matrix, the nash equilibrium is that bonnie ________ and clyde ________."
Business
1 answer:
Semmy [17]3 years ago
6 0
They both will confess to the other's crimes.

They both could get lighter sentences for co-operating with each other, but since they are not allowed to communicate with each other, and hence will have only their best interests in mind, to betray the other for his own good. However, when they both do this, it becomes a double betrayal, and hence their sentences become even longer.
You might be interested in
"Which of the following is a support activity in a firm's value chain? A) Inbound logistics B) Operations C) Sales and marketing
Pepsi [2]

Answer:

The technology is a support activity in a firm's value chain.

Explanation:

Value chain analysis means the analysis which adds the value to the organization. It can be categorized in two activities - primary activities and support activities. This value chain analysis is propounded by Porter.

The primary activities includes inbound & outbound logistics, operations, Marketing & sales and service whereas support activities includes firm infrastructure, human resource management, technology , and procurement.

Thus,  the technology is a support activity in a firm's value chain.

4 0
3 years ago
Bayest Manufacturing Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead
Lemur [1.5K]

Answer:

$ 44000

Explanation:

Given:

Actual overhead manufacturing cost, Ac = $ 352000

Actual direct labor hours, Ah = 56000

Estimated manufacturing overhead cost, Ec = $ 330000

Estimated direct labor hour, Eh = 60000

Now,

Predetermined Overhead Rate = Ec/Eh

on substituting the values in the above formula we get

= $ 330000/60000 = 5.5

also,

Underapplied Overhead = Ac + (Ah × Predetermined Overhead Rate)

on substituting the values in the above formula we get

Underapplied Overhead = 352000 - (56000 × 5.5)

or

Underapplied Overhead = $ 44000

3 0
3 years ago
Kelly works at an ice cream shop and observes that the number of people buying ice cream varies greatly from day to day.For a co
Murrr4er [49]

Answer:

B) use the observed data to form a hypothesis about ice cream buying behavior.

Explanation:

The scientific method is a research method where the first step is recognizing and identifying the problem ⇒ relevant information is obtained ⇒ a hypothesis is formulated ⇒ the hypothesis is tested.

In order for a research (that uses the scientific method) to be valid, the researcher must be able to duplicate the research process and obtain the same or similar results.

7 0
3 years ago
Nergui buys only specialized mountain bikes because he believes they are the best product available. He will not buy any parts o
OlgaM077 [116]
Nergui is displaying brand loyalty
5 0
3 years ago
Using mental math, the approximate tip to leave for a bill of $81. 79, if you tip 15% would be _____. A. $8. 20 b. $10. 30 c. $1
nordsb [41]

The approximate tip for a bill of $81.79 would be $12.30 when the tip is 15% of the bill amount.

<h3>How to calculate tip amount?</h3>

Tip is the extra amount paid over a bill for the services provided by the staff. The tip when calculated as a percentage over the bill, the percentage rate is to be multiplied by the bill amount.

Given:

\rm Bill\:amount = \$81.79\\\\Rate\:of\:tip = 15\%

The amount of tip will be calculated by calculating 15% of the bill amount.

\begin{aligned} \rm Amount \:of \:tip &= \$81.79 \times 15\%\\\\&= \$81.79 \times \dfrac{15}{100}\\\\&= \$12.2685 \end

The approximate value of tip will be $12.30.

Therefore, option c is correct.

Learn more about the topic here:

brainly.com/question/2153680

7 0
3 years ago
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