Both Firm W and Firm H have a dominant strategy to advertise.
Explanation:
Dominant strategies, never despite what other competitors do, are treated similarly than others. In game theory, two forms of strategic supremacy exist:
-a strategy that is purely dominant is a strategy which provides the player with often better advantage, regardless of what the another player's strategy is ;
- a strategy that is weakly dominant, which gives all these other player's strategies the very same value, and which makes certain strategies more stringent.
Especially if one game is only weakly dominant (this means that it also does at least the same thing as any other strategy, but it just can in certain situations match other strategies, not beat them), and the same wages would apply to the player may be applied to more than one dominant strategy per player.
A. Specifications
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It is the medium of exchange. It serves as the mediator instrument used to encourage the deal, buy or exchange of products between parties. For an instrument to work as a medium of trade, it must speak to a standard of significant worth acknowledged by all gatherings. In present-day economies, the medium of trade is money.
Answer:
$
Market value of common stocks (6,000 x $25) = 150,000
Market value of preferred stocks (9,000 x $20) = 180,000
Market value of the company 330,000
Proceeds allocated to common stocks
= $150,000/$330,000 x $312,000
= $141,818
The correct answer is B
Explanation:
The market value of the company is the aggregate of market value of common stocks and market value of preferred stocks.The market value of each stock is equal to number of each stock outstanding multiplied by market price per share. Thus, the proceeds allocated to common stock equals the market value of equity divided by market value of the company multiplied by the lump sum.
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