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Vitek1552 [10]
3 years ago
14

Which of the following is true? In a one-shot game, a collusive strategy always represents a Nash equilibrium. A subgame perfect

equilibrium occurs when each player is doing the best he can regardless of what the other player is doing. Each Nash equilibrium is a subgame perfect equilibrium. Correct! Every subgame perfect equilibrium is a Nash equilibrium.
Business
1 answer:
Kaylis [27]3 years ago
8 0

Answer: Each Nash equilibrium is a subgame perfect equilibrium.

Explanation:

The Nash Equilibrium in a game is the outcome of which neither of the players would want to deviate from because they are making the highest payoff that they can given the other player's possible choice and leaving this outcome would result in a lower payoff.

In every subgame that is based on the original game therefore, the Nash equilibrium represents the perfect equilibrium for the players as it is giving the highest payoff given the circumstances.

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Intel Corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. What was
Ghella [55]

Answer:

total Equity at end of the year  = $69019 million

Explanation:

given data

assets = $123,249 million

liabilities = $54,230 million

to find out

total equity

solution

we get here total Equity at end of the year that is express as

total Equity at end of the year  = Asset - Liabilities   .................1

put here value we get

total Equity at end of the year  = $123,249 million  - $54,230 million

total Equity at end of the year  = $69019 million

8 0
2 years ago
The risk-free rate of return is 8%, the expected rate of return on the market portfolio is 15%, and the stock of Xyrong Corporat
koban [17]

Answer:

Risk-free rate (Rf) = 8%

Return on market portfolio (Rm) = 15%

Beta (β) = 1.2

Ke = Rf + β(Rm - Rf)

Ke = 8 + 1.2(15 - 8)

Ke = 8 + 1.2(7)

Ke = 8 + 8.4

Ke = 16.40%

Earnings per share (EPS) = $10

Current dividend paid (Do) = 40% x $10 = $4

Retention rate (b) = &6/$10 x 100 = 60% = 0.6

ROE (r) = 20% = 0.2

Growth rate (g) = b x r

                         = 0.6 x 0.2

                         = 0.12 = 12%

Current market price (Po)

= Do<u>(1 + g) </u>  

        Ke - g

= $4<u>(1 + 0.12)</u>

     0.1640 - 0.12

= $4<u>(1.12)</u>

      0.044

= $101.82

             

Explanation:

First and foremost, we need to calculate the cost of equity based on capital asset pricing model. Then, we will determine the growth rate, which is a function of retention rate (b) and return on equity(r).

Finally, we will calculate the current market price, which is dividend paid, subject to growth, divided by the excess of cost of equity over growth rate.

7 0
3 years ago
Record journal entries for the following transactions. (a) On December 1, $18,000 was received for a service contract to be perf
Aliun [14]

Answer:

See explanation section

Explanation:

(a) December 1     Cash             Debit    $18,000

                        Unearned revenue      Credit    $18,000

<em>Note: The company received the money in advance for a contract to do during December to April. Therefore, they received cash while a liability increased due to receiving advance money.</em>

(b) December 31   Unearned revenue     Debit    $3,600

                            Service revenue           Credit    $3,600

<em>Note: As the company started performing, after the completion of 1st month, i.e., December 1 to December 31, the advance money started expiring because of providing services. Moreover, as the service is performed evenly for 5 months, the 1st month's revenue = $(18,000/5) = $3,600.</em>

5 0
3 years ago
Zooey is a single mother of two young children whose husband died in a tragic car accident. She earns $20,000 per year working a
dalvyx [7]

Answer:

b. She receives $10,000

Explanation:

Taxes owed = (1/4 of income) - $15,000.

Taxes owed = (1/4 x 20,000) - $15,000.

= 5,000 - 15,000 => -10,000

Hence, she receives $10,000 from the government.

A negative income tax is a system where people earning below a certain amount receive supplemental pay from the government instead of paying taxes to the government.

8 0
3 years ago
The space between a cover letter closing and the author’s typewritten name is called the _____.
slava [35]

The space between a cover letter closing and the author's typewritten name is called the signature line. This would be the space where you would either physically sign your name with a pen above the type written name once you have printed the letter out or if you are sending it electronically where you would insert a copy of your signature. You must always have a signature on cover letters.

3 0
3 years ago
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