1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
jenyasd209 [6]
2 years ago
13

You volunteer to participate in a game in which you are told that you and another participant, whom you will never meet but is p

laying nearby, must each make a decision: either you cooperate and benefit both of you, or you defect and benefit only yourself. depending on what you and the other person choose, you stand to receive a certain amount of money. you are participating in the ________ game.
Business
1 answer:
Juliette [100K]2 years ago
3 0
Friend or Foe game
See "Game Theory" for more info
You might be interested in
Mario and Johnny want to start a business. They have very little capital. They are new partners and largely unfamiliar with each
Anettt [7]

Answer:

Third sentence

Explanation:

Even though they have little capital and new business partners it states in the third sentence that the two are happy to be organizing a business together to avoid liability. So if they take the time to learn about each other and to find each others strengths and weaknesses they will be able to work together and become a stronger team.

Hope this helps.

7 0
3 years ago
Under what condition will a monopoly firm incur losses?
Readme [11.4K]
<span>A monopoly would have to make it so the marginal revenue is less than the marginal cost, and in return, the monopoly would end up losing money instead of gaining money. This means that they are spending more money than they are making.</span>
3 0
3 years ago
Rios Corporation reports costs for the year as​ follows: Direct Materials Used $ 795 comma 000 Wages to Line Workers 270 comma 0
Pavlova-9 [17]

Answer:

$1,490,000

Explanation:

Given that,

Direct Material used = $795,000

Wages to Line workers = $270,000

Indirect Materials used  = $425,000

Total product cost for the year:

Direct Material used + Wages to Line workers + Indirect Materials used

= $795,000 + $270,000 + $425,000

= $1,490,000

Therefore, the total product costs for the​ year is $1,490,000.

5 0
3 years ago
3. If a balance sheet were prepared for Pala Medical Co. on June 30, 20Y1, what amount should be reported as cash?
Andru [333]

Complete Question:

The cash account for Pala Medical Co. at June 30, 20Y1, indicated a balance of $166,436. The bank statement indicated a balance of $195,688 on June 30, 20Y1. Comparing the bank statement and the accompanying canceled checks and memos with the records revealed the following reconciling items:

a.  Checks outstanding totaled $19,427.

b.  A deposit of $12,300, representing receipts of June 30, had been made too late to appear on the bank statement.

c.  The bank collected $26,500 on a $25,000 note, including interest of $1,500.

d.  A check for $4,000 returned with the statement had been incorrectly recorded by Pala Medical Co. as $400. The check was for the payment of an obligation to Skyline Supply Co. for a purchase on account.

e.  A check drawn for $195 had been erroneously charged by the bank as $915.

f.  Bank service charges for June amounted to $55.

Answer:

Pala Medical Co.

Cash amount in the balance sheet = $189,281

Explanation:

a) Calculations:

Adjusted Cash balance at June 30, 20Y1

Cash balance                      $166,436

c) Note received by bank      25,000

c) Interest on the note             1,500

d) Returned check                 (3,600)

e) Bank charges                         (55)

Adjusted cash balance     $189,281

b) Balance as per bank statement = $195,688

a.  Checks outstanding totaled           ($19,427)

b.  A deposit of                                     $12,300

e. Overstated cheque                               720

Adjusted bank statement balance   $189,281

c) Preparing a bank reconciliation helps to identify discrepancies between the cash book balance of Pala Medical Co and the company's bank statement balance.  After the necessary adjustments, the two balances always agree and the adjusted figure is taken to the balance sheet.

4 0
3 years ago
The structure which takes one of two paths based on a decision is called a(n) ____ structure.
Rus_ich [418]
An if then else structure.
Hope it helps!
5 0
2 years ago
Other questions:
  • The functional manager is planning the billing system replacement project with the newest project manager at the company. In dis
    8·1 answer
  • Frazier Manufacturing Company collected the following production data for the past month: Units Produced Total Cost 1,600 $44,00
    5·1 answer
  • Describe a specific situation in which you would use the Combine Documents feature in Word.
    15·1 answer
  • The company purchases equipment with cash - The Equity account does the following:
    5·1 answer
  • Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on
    13·1 answer
  • David Harper, the marketing manager of a large cosmetic company, observes that when the company decreases the price of its premi
    5·1 answer
  • Which of the following is not included in the computation of the quick ratio? a. Accounts receivable b. Marketable securities c.
    13·1 answer
  • Which statement is correct in regard to renting a home?
    15·1 answer
  • A temporary 0% APR is a good way to attract new credit card customers. This type of APR is known as:
    9·1 answer
  • What are 2 ways to add a customer to QuickBooks Online?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!