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Degger [83]
3 years ago
15

Marco and Lisette love to play​ darts, but both suffer from carpal tunnel syndrome due to excessive play. They are considering h

ow many visits to make to the​ doctor, and both know that they each get​ $150 of relief from the first​ visit, and only​ $45 of additional relief from the second visit. Neither has health insurance and therefore will bear the full cost of medical care. Each visit to the doctor costs​ $75. Marco's dominant strategy will give him a net benefit of
A. $45

B. $75

C. $120

D. $150
Business
1 answer:
blondinia [14]3 years ago
7 0

Answer:

The answer is: B) $75

Explanation:

Marco and Lisette should both only go once to the doctor (ophthalmologist) since the first visit will give both of them $75 in net benefit. We can calculate their net benefit by subtracting the cost of the doctor's visit from the benefit each of them gets by visiting the doctor: $150 - $75 = $75.

If any of them decided to go to the doctor twice, then they would have negative utility, since the cost of visiting the doctor would be larger than the benefit obtained form visiting him: $45 - $75 = -$30.

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assume that autonomous consumption is $1610 billion and disposable income is $11,200 billion. Using the consumption function, ca
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Explanation;

The consumption function is;

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As lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she
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As Lynn is working on writing the text that will be incorporated into a new magazine ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.

<h3><u>What is encoding?</u></h3>
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Different signals require different levels of conscious thought when they are encoded. The encoder should also care for any "noise"—such as other messages, distractions, or influences—that could obstruct their message.

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1 year ago
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