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serg [7]
2 years ago
15

In a classic​ prisoners' dilemma​ example, Larry and​ Duncan, possible​ criminals, will get one year in prison if neither​ talks

, two years in jail if both​ talk, and if one​ talks, that one goes free while the other gets five years. ​(Note​: The payoffs are negative because they represent years in​ jail, which is a negative​ payoff.) The payoff matrix for Larry and David is illustrated to the right. Given this payoff matrix and the​ payoffs, each criminal A. will only confess if the other does. B. has an incentive to confess. C. can not determine their best response. D. does not know the payoffs. E. seeks to maximize joint payoffs.
Business
1 answer:
viktelen [127]2 years ago
5 0

Answer:

The correct answer is option B - Given this payoff matrix and the​ payoffs, each criminal has an incentive to confess.

Explanation:

The prisoner's dilemma demonstrates the tradeoffs between cooperative and non-cooperative behavior.

The two individuals are being held prisoner for the same crime. However, they are in separate cells with no possibilities of communication.

With the payoff's given in the table, the best response of player 1 is to confess whether or not player 2 chooses to cooperate. Confess is also a dominant strategy for player 2 whether or not player 1 chooses to cooperate.

Therefore, the correct answer is option B - Given this payoff matrix and the​ payoffs, each criminal has an incentive to confess.

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In a growing number of jurisdictions, when a tenant moves out of leased premises before the term of the lease expires, the landl
Travka [436]

Answer:

To mitigate damages

Explanation:

When a a tenant breaches the terms of a real estate agreement, the landlord must come in to get another tenant to occupy the space.

He is avoiding a situation where the property is to be left unoccupied for a period of time.

Mitigating damages is a way of reducing further loss when one party breaches a contract.

In the given scenario if a tenant moves out of leased premises before the term of the lease expires, the landlord is required to make a reasonable attempt to lease the property to another party.

5 0
3 years ago
Indicate which of the four perspectives in the balanced scorecard is most likely associated with the objectives that follow.
Musya8 [376]

Answer:

Note: The complete question is attached as picture below

Objectives                                         Most associated balanced scorecard

1. Percentage of repeat                    <em>Customer Perspective</em>

customers

2. Number of suggestions for          <em>Learning and Growth perspective</em>

improvement from employees

3. Contribution margin                      <em>Financial perspective</em>

4. Brand recognition                         <em>Customer Perspective</em>

5. Number of cross-trained              <em>Learning and Growth perspective</em>

employees

6. Amount of setup time                   <em>Internal process prospective</em>

6 0
2 years ago
What is the difference between an increase in demand and an increase in quantity demanded?.
Setler [38]

Answer:

Quantity Demanded is a shift up/down a demand curve

Increase in Demand is a shift in the curve itself.

Explanation:

There will be an increase in Quantity Demanded when price goes down. There is a Quantity Demand change when there is a price change. (QD goes up when Price goes down, QD goes down when price goes up)

An increase in demand is when one of the shifters of demand change. So for example, if number of consumers (one of the shifters) increase, the demand curve increases, and shifts right, meaning more quantity at each pricepoint.

4 0
2 years ago
planning concerned with long-range decisions such as defining the scope of business is referred to as
oksano4ka [1.4K]

Answer: strategic planning

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A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.

Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.

The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.

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