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Vitek1552 [10]
2 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]2 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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3 years ago
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Use straight line (SL) depreciation to determine a. annual depreciation charge (5 points) and b. annual book values for the life
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Explanation:

The computation is shown below:

Year            Depreciation                Book value

0                                                      $1,200,000

1                   $125,000                    $1,075,000

2                  $125,000                    $950,000

3                  $125,000                    $825,000

4                  $125,000                    $700,000

5                  $125,000                    $575,000

6                  $125,000                    $450,000

7                  $125,000                     $325,000

8                  $125,000                     $200,000

The depreciation expense is

= ($1,200,000 - $200,000) ÷ (8 years)

= $125,000

4 0
3 years ago
When money is acting as a store of value, it allows an individual toA. exchange goods for other goods and services in the econom
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Answer:

The answer is (B) transfer dollars, and therefore purchasing power, into the future.  

Explanation:

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alisha [4.7K]

Answer:

Customer Perceived Value (CPV)

Explanation:

CPV is associated with product marketing and branding. It state that success of  product depends on customer perception about the product or service ability to setify their needs. Customers interpret and react to marketing messages.

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2 years ago
What is your proudest accomplishment and why
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