Answer:
For firms, Rent Seeking usually involves: <u>restricting supply in order to increase price</u>
Explanation:
An example of rent-seeking in a modern economy is spending money on lobbying for government subsidies in order to be given wealth that has already been created, or to impose regulations on competitors, in order to increase market share.
A rent seeking firm have a greater incentive to engage in rent-seeking behavior when demand is elastic because the restriction imposed on competitors will not affect the demand for the goods.
Answer:
Game theory is a branch of the economy that studies the decisions in which for an individual to succeed he has to take into account the decisions made by the rest of the agents involved in the situation.
The Nash equilibrium or Cournot equilibrium or Cournot and Nash equilibrium or fear equilibrium is, in game theory, 1 2 a "solution concept" for games with two or more players, 3 which assumes that:
- Each player knows and has adopted their best strategy, and
- Everyone knows each other's strategies.
Dominant strategies are considered better than other strategies, no matter what other players do. In game theory, there are two types of strategic domain:
- a strictly dominant strategy is the strategy that always provides greater utility to one player, regardless of the strategy of the other player;
- a weakly dominant strategy is the strategy that provides at least the same utility for all other player's strategies, and strictly superior for some of their strategies.
<h3><u>Careers that require a college degree and those that require technical training:</u></h3>
The career that require college degrees are Engineering ,Doctor,nurse and other medical related fields .There are also some fields that does not require a specific degree and can take such careers are accountant,supply chain and logistics,sales,teaching.
And, the career that does not require any degree but needs technical training are dental hygienists, physical therapist and radiation,wind turbine technician , a gamer ,plumber , Junior technician , ground keeper,security guard,web developer ,personal care and home health aide,a hairdresser,a patrol officer,an anchor or a medical assistant.
Answer:
From the information given about the contract and its execution between the two parties involved( That is, Parc and Glaze), the option 2 is most likely.
2. Glaze will win because Glaze substantially performed and Parc prevented complete performance.
Explanation:
It is stated that Glaze was hired to remodel and furnish an office suite, after a submitted plans by Glaze were approved by Parc. It was further stated that the construction and painting had been done.
Although, with Glaze purchasing minor accessories which Parc rejected because they did not conform to the plans is a breach of contract, but that can be corrected by calling Glaze to order. However, it was Parc that refused to allow Glaze to make necessary corretion and complete the project and also refused to pay Glaze any part of the contract price.
The correct Option is D. OLAP is an example of a Predictive type of analytics.
Analytics is the systematic computational evaluation of statistics or information. it is used for the discovery, interpretation, and conversation of significant styles in statistics. It additionally involves making use of facts styles toward effective decision-making. it is able to be precious in areas rich with recorded statistics; analytics relies on the simultaneous utility of information, laptop programming, and operations research to quantify overall performance.
Records analytics is a multidisciplinary field. there is extensive use of pc abilities, mathematics, records, the use of descriptive techniques, and predictive fashions to gain treasured knowledge from records through analytics. humans Analytics won't certainly belong within Human resources in companies.
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