Answer:
1. P = $156,560; Q = $203,440
2. P = $90,320; Q = 149,680
3. P = -$43,500; Q = $3,500
Explanation:
The explanation is given in images for each situation:
The answer is C - Being in college gives more opportunities to be employed due to your specialties.
Compounding interest is interest on top of interest.
For example, say you put 100 bucks in the bank.
You get 10% interest compounded daily on that 100 bucks.
That means that you get 10% interest not only on those 100 bucks, but all the money you make after.
So your interest would go from 10% on 100 bucks, to 10% on 110 bucks and so forth.
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Answer:
Erica Els will hire qualified workers from the local market
Explanation:
Answer:
Explanation:
Synergy's Decision Large Budget Small Budget Dynaco's Decision Large Budget $20 million, $25 million $15 million, $0 Small Budget $0, $60 million $25 million, $30 million If Synergy believes
If synergy believes dynaco will go with a large budget that synergy should choose large budget
If synergy believes dynamo will go with small budget than synergy should go large budget
Therefore synergy does have dominant strategy
If Dynaco believes synergy will go with large budget than he will choose large budget and
If he belies synergy will go small budget than he will also choose small budget
Dynaco doesnot have dominant strategy
True,it has Nash equilibrium as (large budget,large budget)