Answer:
a) What is the expected transaction price with variable consideration estimated as the expected value?
- original cost $5,800 if job is finished in one month (15% probability)
- bonus price for finishing 2 weeks earlier $5,800 x 1.25 = $7,250 (25% probability)
- bonus price for finishing 1 week earlier $5,800 x 1.15 = $6,670 (60% probability)
expected transaction price = ($5,800 x 15%) + ($7,250 x 25%) + ($6,670 x 60%) = $6,684.50
b) What is the expected transaction price with variable consideration as the most likely amount?
$6,670, since it has a 60% probability
Answer:
Total output of all products and services.
Explanation:
Aggregate supply is defined as the total amount of goods and services that firms are willing to sell, at a specific price, within a particular economy.
Aggregate supply is a macroeconomic concept, an aggregate variable, that is used in Keynesian and Neoclassical economics, often in models that put it together with aggregate demand, in what is known as the Aggregate Supply-Aggregate Demand model (AS-AD model).
Answer:
answer can be seen in the attached file
Explanation:
Consider the game in extensive form above. In the backward induction solution to this game Player 1 plays strategy and Player 2 plays strategy (Please, label Player 1's strategies by A, B, and C, and Player 2's strategies as df, dg, ef, and so forth)
What is Game Theory?
This is a mathematical modelling that deals with the analysis of strategies for dealing with competitive situations where the result of a participant's choice of action depends critically on the actions of other participants. Game theory has been applied to in war, business, and biology, sport.
In Game theory, outcome is dependent on the contributions of competing parties
Answer:
Descriptive followed by causal is the correct answer.
Explanation:
Answer:
Explanation:
1. Ticket location is the most important attributes in the overall purchase decision. It is with a 39.49% of the general choice weight.
2. Verily, the conjoint assessment results are important in choosing assessing decisions. Ticket cost contained 38% of the examination. From the data, we can conclude fans are increasingly loath to purchase $60 tickets. By joining this ticket cost with various characteristics with higher utility scores, we can deliver a group that will be impressively all the more addressing the fans. The proportionate should be conceivable with the other evaluating decisions to make various group offers .The Portland Trail Blazers' NBA foundation was in a terrible position. Fans were spilling out the door, and the players couldn't find the bushel. The gathering wore a 22-36 record and advance managers presently ran its home, the Rose Garden after its owners had proclaimed money related indebtedness. The gathering's guide had been ended for sure. The field had been a sellout just three years earlier, and the gathering had been dear by Portland. However, starting in the 2003 season, interest began to fall pointedly by more than 15 percent by 2005. In the midst of a comparative time, 42 of 70 indulgence suites sat void in the midst of the period. More Portland crowd individuals viewed the atmosphere by then Blazers' amusements.
3. Yes there could be more than one.
By looking at the conjoint assessment and other data open from the survey, I believe that the Portland Trail Blazers the officials should offer two unmistakable packs. One being either six or ten redirections for each group. Disregarding the way that organization lean towards the six preoccupation pack, giving fans the decisions to buy for ten diversions will empower the gathering to sell more tickets. Regarding seating, they should offer the mid 300 court seats, averaging between $40-50
