1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Kipish [7]
3 years ago
13

Statement 1: "In the game of chicken, two teen agers had cars and were directed to drive as fast as they could at each other and

either 'Go for Broke' or 'Wimp Out'. There was a single Nash equilibrium in pure strategies that solved the game."
Statement 2: "If the game of chicken was played repeatedly (with living teens replacing the teens that died along the way in car crashes) then there is incentive for a player to develop a reputation for 'Going for Broke!"
a. Both statements are true
b. Both statements are false.
c. Statement 2 is true, ad 1 is false
d. Statement 1 is true, but 2 is false
Business
1 answer:
Jlenok [28]3 years ago
3 0

Answer:

Statement 2 is true and 1 is false  ( C )

Explanation:

From the statements given above we can deduce that statement 2 is true while statement 1 is false and this is because there isn't one pure Nash Equilibrium in a pure strategy game that will solve the game as portrayed in statement 1, instead there will be two(2) pure Nash equilibrium.

You might be interested in
Assume that you have been hired as a consultant by CGT, a major producer of chemicals and plastics, including plastic grocery ba
koban [17]

Answer:

d. 5.14%.

Explanation:

Calculation to determine the best estimate of the after-tax cost of debt.

First step

Based on the information given we would make use of rate formula in excel.

=rate(nper,pmt,-pv,fv)

Where,

nper= coupon every six months for 20 years = 40 coupon payments

Pmt =$1000*7.25%*6/12=$36.25

Pv = $875

Fv =$1000

Let plug in the formula

=rate(40,36.25,-875,1000)=4.28% semiannually

=4.28% *2=8.56% annually

Now let calculate the after tax cost of debt using this formula

After tax cost of debt=8.56%*(1-t)

Where,

t represent tax rate of 40%

Let plug in the formula

After tax cost of debt=8.56%*(1-0.4)

After tax cost of debt=5.14%

Therefore the best estimate of the after-tax cost of debt is 5.14%

8 0
3 years ago
F. Describe at least two examples of information the secondary source provided. (1-2
Arisa [49]
Wikipedia and textbooks
8 0
3 years ago
Read 2 more answers
When a country allows trade and becomes an importer of jet skis,
Delvig [45]
The best answer for this question would be:

<span>b. domestic producers of jet skis are worse off, domestic consumers of jet skis are better off, and the economic well-being of the country rises.

Because originally the jet skis came from the country they originated from so the quality is original and more trusted to the consumers. </span>
7 0
3 years ago
The cash conversion cycle is computed as:
Anna [14]

Answer:

The correct option here is A) Days sales outstanding + Days inventory outstanding - Days payable outstanding.

Explanation:

Cash conversion cycle which is also termed as Net operating cycle or Cash cycle, this cycle tells us about how much time it is going to take for an organization to converts the amount of investment it has made in the inventory and various other resources to cash , which will be generated by sales.

Formula used for calculation =

                             AMOUNT OF SALES OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF INVENTORY OUTSTANDING IN DAYS

                                                  +

                             AMOUNT OF PAYABLE OUTSTANDING IN DAYS

4 0
3 years ago
Which is true about the workplace of Construction workers? It can change. It is never outdoors. It can be in an existing buildin
rosijanka [135]

Answer:

#1, It can change and #3, it can be in an existing building to repair or remodel

Explanation:

Construction is not at a desk.

6 0
3 years ago
Read 2 more answers
Other questions:
  • Marilyn sells her highly successful travel agency to Adelle. In the sales contract, Marilyn agrees never to open a travel agency
    12·1 answer
  • The adjusting entry to account for use of prepaid insurance consists of: Multiple Choice a debit to Insurance Expense and a cred
    15·1 answer
  • During the maturity stage of the product life cycle, the: a.number of new firms producing the current product increases. b.produ
    6·2 answers
  • Lotta Dough just won the state lottery and has elected to receive $50,000 per year for 20 years in the form of an annuity due. W
    15·1 answer
  • Without a_________to govern resources, scarcity becomes a major problem for people who live in brutal, collectivist societies.
    12·1 answer
  • On January 1, 2020, Swifty Corporation established a stock appreciation rights plan for its executives. It entitled them to rece
    8·1 answer
  • Company Earnings per Share Market Value per Share
    5·1 answer
  • 11.
    9·1 answer
  • According to the menu cost theory, firms will be slow in changing their prices because:
    10·1 answer
  • a retail chain store uses a centralized mainframe system that connects all of the cash registers within a region. regional manag
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!