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zavuch27 [327]
3 years ago
9

Suppose that there are customers distributed evenly across a line which runs from 0 to 1. There are two competing vendors that c

hoose where on the line to locate Customers buy from whichever vendor is closest to their location. What is the Nash equilibrium?
a.(0, 1)
b.(1/2, 1/2)
c.(1/3, 2/3)
d.There is no nash equilibrium.
Business
1 answer:
Shtirlitz [24]3 years ago
7 0

Answer:

b.(1/2, 1/2)

Explanation:

If one vendor is located at “1/2” then the best possible respond of the other vendor is “1/2”, both of them of capture the equal share of the market.

Therefore, Nash equilibrium is (1/2 , 1/2).

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The BRS Corporation makes collections on sales according to the following schedule: 30% in month of sale 60% in month following
postnew [5]

Answer:

$137,000

Explanation:

The computation of Budgeted cash collections in June is shown below:-

June sales collected in June = June Sales × Sale percentage

= $150,000 × 30%

= $45,000

May sales collected in June = May sales × Following month percentage

= $130,000 × 60%

= $78,000

April sales collected in June = June sales × Following second month percentage

= $140,000 × 10%

= $14,000

Total cash collections in June =June sales collected in June + May sales collected in June + April sales collected in June

= $45,000  + $78,000  + $14,000

= $137,000

6 0
3 years ago
Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $135,000 and Bowen's is $120,
Pavel [41]

Answer:

The amount credited to Kent's capital account is $111,000.

Explanation:

                                              Mace         Bowen       Kent          Total

Contribution                       $135,000   $120,000    $115,000   370,000

Kent share = 115,000

Total Capital = 370,000

Kent share in total capital = 30%

Amount credited tothe Kent's account = $370,000 x 30%

Amount credited tothe Kent's account = $111,000

6 0
3 years ago
The company cafeteria had become overcrowded at lunchtime over the last few months, creating slower food lines and less seating.
BaLLatris [955]

Answer:

Employee involvement

Explanation:

Employee involvement can be defined as when the employees are given opportunity to be part of a decision-making process of an organization through their ideas suggestions and opinions with the goal of fulfilling the organization's mission

5 0
4 years ago
Read 2 more answers
On July 31 of the current year, Dome Co. issued $1,000,000 of 10%, 15-year bonds at par and used a por­tion of the proceeds to c
vredina [299]
What grade are you in
4 0
3 years ago
item 2 if, in the market for money, the quantity of money demanded exceeds the money supply, the interest rate will
Oksanka [162]

The market for money, the quantity of money demanded exceeds the money supply, the interest rate will It will rise, and households and businesses will have less money.

When demand exceeds supply, people sell assets such as bonds for money. This increases the supply of bonds, lowering bond prices and increasing market interest rates.

When money demand increases, the money demand curve shifts to the right and nominal interest rates rise. Conversely, when the demand for money decreases, the demand curve for money shifts to the left and interest rates fall.

To understand why interest rates are falling, remember that people who want to hold less money want to hold more bonds. Panel (b) therefore shows an increase in demand for bonds. High bond prices mean low interest rates. When interest rates fall, financial markets are rebalanced.

Learn more about demand exceeds brainly.com/question/29311439

#SPJ4

5 0
1 year ago
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