Question Completion:
Matrix payoff:
Sharon
Left Right
Paolo Left 8, 3 4, 4
Right 5, 3 5, 4
Answer:
The only dominant strategy in this game is for ___Paolo______ to choose ____Right______.
The outcome reflecting the unique Nash equilibrium in this game is as follows: Paolo chooses ____Right______ and Sharon chooses __ Right_____.
Explanation:
a) Paolo's dominant strategy is the strategy that always provides the greater utility to Paolo, no matter what Sharon's strategy is. In this case, the dominant strategy for Paolo is to choose RIGHT always.
b) The Nash Equilibrium concept determines the optimal solution in a non-cooperative game in which each player (e.g. Paolo and Sharon) lacks any incentive to change their initial strategies. This implies that each player can achieve their desired outcomes by not deviating from their initial strategies since each player's strategy is optimal when considering the decisions of the other player.
Answer:
The percentage return on the bond is 8.02%
Explanation:
The return on the bond comprises of the increase or decrease in bond's price plus the coupon earned by investors on the bond in the year.
The difference in market price is considered that is the amount could be sold for in the market price at that point in time.
The return on the bond is computed thus:
closing price minus opening price ($1,982.79-$1,946.61)=$36.18
plus coupon received($2000*6%) =$120
total return $156.18
% return =total return/opening price
=$156.18/$1946.61
=8.02%
Answer:
A. Opinion Leaders
Explanation:
Opinion leaders are individuals whose opinions and thoughts towards a product or service has a big influence on the position of others concerning where they stand about the product. They are influencers because they are able to influence people by their opinions. The leader is able to change and determine other people behavior according to their own preferences. In this case, the manager hopes that the actors wearing the prototype can have a positive impact by being opinion leaders and influencing other people to buy the product.
The law limits the shift of money that goes to political parties but not to other groups
