Answer:
a) attached below.
b) for $x < $5000 will cause taking the drug to be part of the Nash equilibrium
c) will make the athletes feel better because the value their payoff will increase
Explanation:
<u>a) 2 * 2 payoff matrix describing the decision faced by the athletes </u>
attached below
when both players take the drug the payoff for each player = $5000 - x
when neither player takes the drug the payoff for each player = $5000
When only one player takes the drug his payoff = $10000 - x
<u>b) If we consider the value of $x to be involved in the Nash equilibrium then </u>
; $5000 - $x > 0 becomes the best response
hence for $x < $5000 will cause taking the drug to be part of the Nash equilibrium
c) Lowering the negative effect of the drug ( i.e. when the value of x is reduced )
will make the athletes feel better because the value their payoff will increase
Answer:
c. Job classification
Explanation:
Based on the information provided within the question it seems that the statement is typical of Job classification. This term refers to a set of information classifying a job based on the duties or responsibilities that the specific job entails. Which seems to be what the statement is referring to as it says "for which the duties are to be performed with minimal supervision" etc.
Answer:
Current liability for 3 months will be $4500
Explanation:
We have given that
Sensible insurance company has collected a premium of $18000
We have given time = 1 year = 12 months
So the premium collected per month [tex]=\frac{$1800}{12}=$1500[/tex
Now, the company has collected the revenue on April 1 and now it is December 31
So number of months from April to December = 9
So total premium earned in 9 months = 9× $1500 = $13500
So current liability for 3 months will be = 3×$1500 = $4500
Answer:
Union Apparel's sales for the month is $520,000
Explanation:
For computing the monthly sales excluding taxes, the calculation is shown below:
= Sales including sales taxes × Sales ÷ sales with sales tax
where,
1 is the sales value
And, sales value with tax equals to
= 1 + 6 % = 1 + 0.06 = 1.06
Now, put these values to the above formula
So, the value would be equal to
= $552,000 ×1 ÷ 1.06
= $520,000
Hence, Union Apparel's sales for the month is $520,000
