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2 years ago

A two-player game in which one player's gain is not completely offset by the other player's loss is called a

2 answers:

7 0

One player’s gain is not completely offset by the other player’s loss is called a positive-sum game. In other words, a positive-sum game can be defined players as a group end up better off.

Explanation:

Positive number games are competitive situations that produce a total profit that exceeds the total loss. This allows for a win-win result where all participants win. It is also possible that some or most participants lost. A good example of this is the mutual benefits from trade in goods and services between countries. If business or (more commonly) countries can find trade terms that benefit both parties, specialization, and trade can lead to an overall enhancement in the economic welfare of both countries. There are many examples of positive-sum game. You can see them on the explanation below:

· Business

Five companies in an industry compete for customers jointly producing $ 5 billion in sales per quarter. The largest company dominates with 80% market share and is the only company in the industry that produces a net profit.

· Education

There are 90 students in a computer science program. The program regularizes grades so that only a small percentage can get an average of A. However, students mainly graduate and benefit from the program in terms of career prospects and knowledge.

· Negotiation

An employee and the company negotiate a salary. The employee works well in negotiations and gets a better salary than they should receive. Nonetheless, the company continues to generate profits from the productive output of employees which produces win-win results.

LEARN MORE

If you’re interested in learning more about this topic, we recommend you to also take a look at the following questions:

• The principle of mercantilism views trade as a(n) _____ game. brainly.com/question/8995564

• A positive-sum game occurs? brainly.com/question/9492310

Keywords :

Positive-sum game, negative-sum game, zero-sum game

Subject : Business

Class : 10-12

Sub-Chapter : Game Theory

OlgaM077 [116]2 years ago

3 0

It is called a positive-sum game.

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What's the distinction among an inside and outside sales representative?

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1 year ago

The following selected transactions were completed by Coat Delivery Service durning July: 1. Received cash in exchange for commo

cupoosta [38]

Answer:

1. Received cash in exchange for common stock, $35,00.

Transaction Effect: Receipt of cash will increase in asset, delivery service will increase in stockholder equity

Correct Option: c

2. Purchased supplies for cash, $1,100.

Transaction Effect: Supplies will increase in asset, cash will decrease in the asset

Correct Option: a

3. Paid rent for October, $4,500.

Transaction Effect: Paid cash will decrease in asset and rent expenses will decrease stockholder equity

Correct Option: e

4. Paid advertising expense. $900.

Transaction Effect: Rent paid will Decrease in an asset, decrease in stockholders' equity

Correct Option: e

5. Received cash for providing delivery services, $33,000.

Transaction Effect: Receipt of cash will increase in asset, delivery service will increase in stockholder equity

Correct Option: c

6. Billed customers for delivery services on account, $58,000.

Transaction Effect: Billing customers will Increase in an asset, increase in stockholders' equity

Correct Option: c

7. Paid creditors on account, $2,900.

Transaction Effect: Creditors payment will Decrease in an asset, decrease in a liability

Correct Option: d

8. Received cash for customers on account, $27,500.

Transaction Effect: Received payment from customers will Increase in an asset, decrease in another asset

Correct Option: a

9. Determined that the cost of supplies on hand was $300 and $8,600 of supplies had been used during the month.

Transaction Effect: Supplies expense will Decrease in an asset, decrease in stockholders' equity

Correct Option: a

10. Paid cash dividends, $2500.

Transaction Effect: Cash payment will decrease in asset, dividend will decrease in stockholders equity

Correct Option: e

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3 years ago

Selecting a job based on your skills and interests is important, because on average, a person with a full time job works approxi

WINSTONCH [101]

C. 2000 hours a year.

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2 years ago

Cost of Goods Sold Budget Delaware Chemical Company uses oil to produce two types of plastic products, P1 and P2. Delaware budge

tresset_1 [31]

Answer:

Cost of Goods Manufactured = $1,797,100

Explanation:

Cost of Goods Sold Budget

for the Month Ending June 30

Particulars Amount ($) Amount ($)

Finished Goods Inventory $14,300

Work in process inventory $9,600 $23,900

Direct Materials:

Direct materials inventory $11,500

Direct materials purchases $1,372,500

Less: Direct material inventory June 30 $(12,700)

Cost of Direct materials in use: $1,371,300

Direct labor $164,700

Factory Overhead $247,100

Total Manufacturing Cost $1,807,000

Total work in process during period

less: work in process inventory June 30 $(9,900)

Cost of goods manufactured $1,797,100

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3 years ago

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worty [1.4K]

Answer:

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If a cost is a common cost of the segments on a segmented income statement, the costshould:A) be allocated to the segments on the basis of segment sales.

Explanation:

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3 years ago