Answer:
The correct answer is option b.
Explanation:
The law of supply states that other things being constant, the price of the product and its supply are positively related. This means that an increase in price will cause the quantity supplied to increase and vice versa.
In a perfectly competitive market, the firms are price takers. So a decrease in the price of the product will cause its quantity supplied to decline. Or in other words, when the price falls, the firms will reduce output.
Answer:
(a)
z = UN
Let the Matrix of players 1 = dictator
X Y Z
9 ² 9 ² 4 ⁵
9 ² 4 ⁵ 9 ²
4 ⁵ 9 ² 9 ²
Above is the normal form of game in matrix form with player 1 = dictator strategy.
Now, the matrix of players inspectors
XY 9 ² 9 ² 4 ⁵
XZ 9 ² 4 ⁵ 9 ²
YZ 4 ⁵ 9 ² 9 ²
The above strategy is player 2 = UN inspectors strategy.
(b)
Mixed strategy N ash equilibrium
Therefore,
The matrix of player 1 = dictator hiding strategy :
X = 9,2 9,2 4,5
Y = 9,2 4,5 9,2
Z = 4,5 4,5 9,2
The matrix of player 2 = inspector secret strategy
XY = 9,2 9,2 4,5
XZ = 9,2 4,5 4,5
YZ = 4,5 9,2 9,2
(c)
The probability that the weapon is found
=> Seeing the table above, we will calculate 6 of 9 times of inspector calculating weapon.
=> The probability that the weapon is found is
= 6 / 9
= 2 / 3
= 0.67
Explanation:
Answer and Explanation:
The journal entry is given below:
Inventory (10% of $600,000) $60,000
To Accumulated Depletion $60,000
(Being the 10% of the total timber cutted be recorded)
Here the inventory is debited as it increased the assets and credited the accumulated depletion as it decreased the assets
It is FALSE that John's employer has the right to require his attendance at the employer's weekly lunchtime prayer group.
The lunchtime prayer is not a workplace activity because John has the right to use his lunchtime. John could sue for religious discrimination. There is a guarantee of religious freedom. Therefore, John's employer lacks the right to require him to attend the lunchtime prayer.
Thus, it is FALSE for his employer to require John to attend the lunchtime prayer.
Learn more about workplace religious discrimination here: brainly.com/question/17479963
