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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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Answer:

A) To enable the profession to more quickly solve emerging practical problems and to provide a foundation from which to build more useful standards.

Explanation:

A conceptual framework refers to a system of ideas and objectives that generate a consistent set of rules and standards. All CPAs work following accounting standards, e.g. US GAAP or IFRS. Without a conceptual framework, it would have been impossible to develop standard norms that apply to every accounting professional and that are used and required by all the companies, the markets and government regulators.

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3 years ago
An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return
lesantik [10]

Answer:

Expected Return =

Recession  = ( 20/100)* 20%   =  4%

Steady      =   (40/100)*10%      =  4%

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there is no answer in the option. The correct answer is 22%.

Explanation:

Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.

8 0
3 years ago
Arthur, an Air Force major, received a permanent change of station transfer from Alabama to Spain. His spouse did not accompany
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$0

Explanation:

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If the moving expenses exceed the amount given to them by the Air Force, the extra amount is generally tax deductible.

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3 years ago
The fictional country of Alpetra increases the income tax rate so that tax revenues increase by $50 million. If GDP, consumption
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There is no change in investment for Apletra.

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Because GDP, consumption, and government spending remains the same there would also be no chane in investment for Alpletra.

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3 years ago
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