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
Aleksandr [31]
3 years ago
5

e payoff matrix below shows the payoffs (in millions of dollars) for two firms, A and B, for two different strategies, investing

in new capital or not investing in new capital. Firm B Invest Not Invest Firm A Invest 20 for A 70 for A 20 for B 5 for B Not Invest 5 for A 50 for A 70 for B 50 for B Firm A’s dominant strategy is to ______, and Firm B’s dominant strategy is to ______.
Business
1 answer:
Harman [31]3 years ago
7 0

Answer:

Invest

invest

Explanation:

Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.

Dominant strategy is the best option for a player regardless of what the other player is playing

firm a can either earn20 or 70 if it advertises or 5 or 50 if it does not advertise. this is the same for firm B.

Thus the option that would yield the highest payoff is for both firms to advertise.

this is an example of prisoners dilemma

You might be interested in
The hawthorne studies found that employees in the experimental group:
aniked [119]
The Hawthorne studies found that employees in the experimental group WERE MORE PRODUCTIVE THAN OTHER EMPLOYEES AND IT DOES NOT DEPEND UPON THE LEVEL OF LIGHTING.

The Hawthorne studies was conducted by Elton Mayo and his colleagues to determine the level of illumination and its relationship with the productivity.
8 0
4 years ago
Tuity fruity beverage​ company's operating activities for the year are listed below. purchases ​$140 comma 500 operating expense
Greeley [361]

Answer:

$135,100

Explanation:

Given :

Cost of purchasing: $140,500

Operating expenses :$80,600

beginning inventory:$12,900

Ending inventory:$18,300

sales revenue :$300,700

Gross profit of the year can be determined by

Cost of purchasing + beginning inventory - Ending inventory

=140,500 + 12,900 -18,300

=$153,400-$18,300

=$135,100

8 0
4 years ago
Which of the following comes closest to the value at the end of year 6 of investing $600 today (year 0) and then investing anoth
cestrela7 [59]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Investment= $600 today and $600 at the end of year 5

Interest rate= 3%

To calculate the final value, we need to apply the following formula on each investment:

FV= PV*(1+i)^n

FV= 600*(1.03^6)= $716.43

FV= 600*(1.03^1)= $618

Total FV= $1,334.43

5 0
3 years ago
Sarah owns half of Smith Realty, Inc., and her brother Bill owns the other half. Sarah routinely uses the company car, which is
anzhelika [568]

Answer:

(c) pierce the corporate veil due to Sarah's commingling of interests

Explanation:

Commingling of interests usually occurs when an investment manager or realtor combines client money with their own or their firm's, in violation of a contract. This can occur in legal cases, corporate client accounts and real estate transactions. For example in this case Sarah has violated her rights as a realtor by routinely using their company funds for her own personal uses.

7 0
3 years ago
Read 2 more answers
What does going green mean?
Romashka-Z-Leto [24]

Answer:

To save the Earth without polluting it. Going eco-friendly

Explanation:

At least that's what I think.

8 0
3 years ago
Other questions:
  • Gamma is a company that develops software to help businesses with data processing. Their software performs multiple business fun
    6·1 answer
  • A product sells for $200 per unit, and its variable costs are 65% of sales. the fixed costs are $420,000. what is the break-even
    13·1 answer
  • At the end of its first year of operations on December 31, 2020, Carla Vista Company's accounts show the following.
    11·1 answer
  • Suppose the Fed carries out an open market sale of $100m and simultaneously decreases the minimum required reserve ratio from 10
    11·1 answer
  • Johanna, a company manager, needs to keep track of how many days Each employee has worked from start date to the current date Jo
    13·1 answer
  • _____ mirrors the Civil Rights Act in terms of outlawing discrimination, but also requires federal contractors and subcontractor
    9·1 answer
  • The upper-level managers of Premium Java are meeting to discuss the company's long-range goals and vision. Like any organization
    15·1 answer
  • Alguien tiene un libro que me pueda compartir con relación a la temática de ¨Rendimiento y riesgo financiero¨ por favor lo ocupo
    13·1 answer
  • I'm getting pretty desperate plz help me, I'll give brainiest, and ill make a free question worth 100 points this is for coding
    5·2 answers
  • Describe the nature of the following major categories of risk (1) Financial Risks (2) Political Risks (3) Environmental Risks​
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!