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IgorLugansk [536]
3 years ago
13

Public Good Contribution: Three players live in a town, and each can choose to contribute to fund a streetlamp. The value of hav

ing the streetlamp is 3 for each player, and the value of not having it is 0. The mayor asks each player to contribute either 1 or nothing. If at least two players contribute then the lamp will be erected. If one player or no players contribute then the lamp will not be erected, in which case any person who contributed will not get his money back.
Required:
Write down each player's best response correspondence.
Business
1 answer:
givi [52]3 years ago
7 0

Answer:

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Explanation:

You might be interested in
A bank has agreed to lend you $127,800 for a home loan. The loan will be fully amortized over 57 years at 12.98%, with .13 point
ikadub [295]

Answer:

ARP = 13.2184 %

Prepaid interest = $3,057.66

Explanation:

The ARP stands for annual percentage rate. It is defined as the amount of interest that one has to pay annually for the total mortgage loan he or she takes. In the question, the ARP will be  13.2184 % for a loan amount of $127,000 at the rate of 12.98% that will be amortized in 57 years with 0.13 points.

The prepaid interest is the interest amount the borrower pays for the loan he takes before the first scheduled of the debt repayment. In the question, the prepaid interest amount is $3,057.66 for the loan amount $524,000 to be amortized in 40 years with 0.58 points and at 5.33%.  

8 0
3 years ago
The Conity Corporation has an Electric Mixer Division and an Electric Lamp Division. Of a $ 15 comma 000 comma 000 bond​ issuanc
Alja [10]

Answer:

Amount allocated = $620,000

Explanation:

As per the data given in the question,

Bond issuance = $15,000,000

Electric mixer division used = $9,300,000

Electric lamp division used = $5,700,000

Interest cost on the bond = $1,000,000

Electric mixer division = Electric mixer division used ÷ Bond issuance

= $9,300,000 ÷ $15,000,000

=0.62

So, Allocated interest expense = Interest cost on the bond × Electric mixer division

= $1,000,000 × 0.62

= $620,000

3 0
4 years ago
Policies that reduce the time it takes unemployed workers to find new jobsa. can reduce both frictional unemployment and the nat
weeeeeb [17]

Answer:

The correct answer is option a.

Explanation:

Frictional unemployment is the type of unemployment that exists when workers are shifting from one job to another. It is a temporary situation.

Policies that reduce the time taken by unemployed workers to find new jobs will help reduce frictional unemployment.  

Since the natural rate of unemployment includes frictional unemployment, it will decline as well.

4 0
4 years ago
A(n) ________ is a business intelligence tool which extrapolates future values based on current trends.
suter [353]

A forecast worksheet is a business intelligence tool which extrapolates future values based on current trends.

When an individual makes a forecast, Excel generates a new worksheet with a table of the past and future values and a chart illustrating this information. You can use a forecast to predict things like upcoming sales, inventory needs, or consumer trends.

Business intelligence (BI) tools are designed to assist a person in identifying patterns in data and drawing conclusions from them so that he/she makes tactical and long-term business choices. The majority of the time, but not always, the apps read data that has previously been stored in a data warehouse or data mart.

Learn more about business intelligence tool here

brainly.com/question/14192766

#SPJ4

7 0
2 years ago
A company manufactures a product using machine cells. Each cell has a design capacity of 250 units per day and an effective capa
vladimir2022 [97]

Answer:

The company should  plan to acquire to satisfy predicted demand under these conditions is 4 cells

Explanation:

The computation of the cells is shown below:

= (Two years annual demand ÷ output)

where,

Two years annual demand = annual demand × triple

                                             = 60,000 units × 3

                                             = 180,000 units

And, the output equals to

= Increase output × number of workdays per year

= 223 units × 236 workdays

= 52,628

Now put these values to the above formula  

So, the value would equal to

= 180,000 ÷ 52,628

= 3.42 approx

8 0
4 years ago
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