1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nookie1986 [14]
3 years ago
9

Suppose two companies own adjacent oil fields. under the two fields is a common pool of oil worth $60 million. for each well tha

t is drilled, the company that drills the well incurs a cost of $4 million. each company can drill up to two wells. what is the likely outcome of this game if each company pursues its own self-interest?
a. each company drills one well and experiences a profit of $26 million.
b. each company drills one well and experiences a profit of $22 million.
c. each company drills two wells and experiences a profit of $22 million.
d. one company drills two wells and experiences a profit of $32 million; the other company drills one well and experiences a profit of $16 million.
Business
1 answer:
zimovet [89]3 years ago
8 0
For the answer to the question above, I think the answer is
<span>$60 million divided by two companies
is $30 miilion

then less</span><span> the well incurs at cost of $4 million.

So</span><span> <u><em>each company drills one well and experiences a profit of $26 million.</em></u></span>


You might be interested in
A ____________ is a strategy in which firms share some of their resources and capabilities to create economies of scope and is s
Alina [70]

Answer:

<em>c. Synergistic Strategic Alliance</em>

Explanation:

Synergistic Strategic Alliance is <em>a two-way partnership where both of them collaborate with each other and share their core competencies with one another to make their total output more than mutual individual outputs.</em>

Therefore, through synergistic actions, both companies turn their vulnerabilities into strengths and thus become more effective on the marketplace.

7 0
3 years ago
The Federal Reserve System and the New York Stock Exchange regulations currently require the short seller to have an initial mar
lutik1710 [3]

Answer:

Correct answer is 50%

Explanation:

The appropriate response is half.  

The Regulation T of the Federal Reserve Board requires the equalization for all short deal records to be at any rate 150% of the estimation of the protections at the time the deal is started.  

This implies when the short deal is started, as we are selling the offers first, our record will have the 100% estimation of the offers sold (as we receipts of cash from selling) in addition to an extra edge prerequisite of half of the estimation of the short deal.  

For instance, on the off chance that I am short selling an offer whose cost is $100, at that point when I short sell the offer, my record equalization will become $100, as receipts of the deal.  

Along these lines, at the hour of inception of offer, my record equalization ought to be 150% of the estimation of short deal = 150% of $100 = $150. The separation of this sum is  

100% of $100 = $100, which gets credited to my record  

in addition half of $100 = $50, which is the edge necessity at the inception of short deal.  

In this way, Initial edge necessity is atleast half of the cost of the stock.  

The student ought not befuddle the underlying edge necessity with the base upkeep edge.  

The base support edge required to be kept up is 25%. This implies the short dealer ought to consistently have an edge (not balance) of 25% in the record. In the event that the edge goes beneath 25%, at that point the edge require the distinction sum is actuated, which the short dealer is required to pay to keep on keeping her situation in the market unaltered.  

Be that as it may, beginning edge required to be kept up is half.

8 0
3 years ago
Cullumber Corporation purchased 37000 shares of common stock of the Sherman Corporation for $52 per share on January 2, 2020. Sh
yawa3891 [41]

Answer:

Revenue from investment = 229,400

Explanation:

Given:

Purchased shares = 37,000

Value per share = $52

Sherman Corporation total shares = 100,000

Cash dividends = $162000

Net income = $620000

Find:

Revenue from investment = ?

Computation:

Revenue from investment = Net income (Purchased shares / Sherman Corporation total shares)

Revenue from investment = $620000 (37,000 / 100,000)

Revenue from investment = 229,400

7 0
3 years ago
List one thing you SHOULD do if your car loan suddenly becomes too expensive.
Sphinxa [80]

Answer:

Modify Your Auto Loan.

Refinance Your Vehicle Loan.

Trade-in Your Car.

Let Someone Else Assume Your Loan.

Sell Your Vehicle.

Turn the Keys In.

Let Your Car Be Repossessed.

File for Bankruptcy.

5 0
2 years ago
What was the earliest franchise of indoor cycling classes called?.
FinnZ [79.3K]

The earliest franchise of indoor cycling classes called Spinning

<h3>Spinning</h3>

  • Spinning is a brand of indoor bicycles and indoor cycling instruction classes distributed and licensed by the American health and fitness company Mad Dogg Athletics.

In conclusion, we can conclude that the correct answer is spinning.

learn more about spinning from here: brainly.com/question/339581

5 0
2 years ago
Other questions:
  • Noreen is extremely happy to be working at QBiz. They are a socially conscious, community-focused company. Noreen knows that her
    8·1 answer
  • You overhear a newly graduated RN telling one of your colleagues that leadership and management belong to the unit manager and n
    10·1 answer
  • All of the following are ways listed in your text that customers engage with brands via social media except consumers acting as
    11·1 answer
  • Select the best definition of labor productivity:
    10·1 answer
  • Hollandaise contains mostly
    7·1 answer
  • A company’s total monthly sales (in millions of dollars) t months from now are given by:
    7·1 answer
  • Lycan, Inc., has 8.8 percent coupon bonds on the market that have 7 years left to maturity. The bonds make annual payments and h
    9·1 answer
  • Seth, Pete, Cara, and Jen form Kingfisher Corporation with the following consideration:Consideration Transferred Basis to Transf
    15·1 answer
  • Why does manufacturing's multiplier effect matter to an economy?
    11·1 answer
  • A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and declared and paid cash divi
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!