Answer: 1. Jacques picks Right
2. Jacques picks Right and Kyoko picks Right.
Explanation:
Hello.
I wasn't quite clear on your question so I added an attachment with the full question.
1. The only dominant strategy in this game is for ____Jacques____ to choose ___Right____.
The Dominant strategy for a player is that strategy that will result in the highest payoff independent of the actions of the other player.
If Jacques plays Right, they will have more or equal payouts but never less than Left regardless of what Kyoko does. Therefore choosing Right is Jacques's Dominant strategy.
2. The outcome reflecting the unique Nash equilibrium in this game is as follows: Jacques chooses___Right_______and Kyoko chooses ____Right_____.
Jacques will go with their dominant strategy of picking Right. This will make Kyoto pick the alternative of Right that results in the higher payoff. They make a payoff of 8 if they pick Right as well so that is what they will do.
If you need any clarification do comment. Cheers.
<span>Making the most of resources best describes the goal of economic efficiency.</span>
Using the indirect method, the net cash is $93,900
Solution:
Cash flow from Operating Activities
Net Income $85,300
Depreciation Expense $12,000
Gain on Sale of Land ($7,500)
Increase in Merchandise Inventory ($2,050)
Increase in Accounts Payable $6,150
---------------
Net Cash $93,900
Remember:
Increase in current assets (accounts receivables, inventory), it means subtract.
Decrease in current assets, means, add.
Increase in current liabilities (accounts payable, tax liabilities), it means add.
Decrease in current liabilities, means, subtract.
Answer:
$1,017.33
Explanation:
For computing the bond price we have to use the PV function that is shown in the attached spreadsheet which is presented below:
Given that,
Future value or face value = $1,000
Market Rate of interest = 6%
NPER = 4 years
PMT = $1,000 × 6.5% = $65
The formula is shown below:
= PV(Rate,NPER,PMT,FV,type)
So, after solving this, the answer would be $1,017.33
Answer:
B)learn, adapt and adjust to others
Explanation:
Partnership is a form of business owned by two or more people. They raise capital and when profit is made, the partners share profits. The success of the partnership will be determined by several factors. Since the business is owned by both parties with different personalities, willingness to learn, adapt and adjust to others is necessary. Reckless decisions making however, would affect all partners since each will be directly affected by these bad decisions.
