(40•65)/100=$26.00
40-26=$14.00 ~final price
<span>7 bones is the answer </span>
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Answer:
The correct answer is option c.
Explanation:
Prisoner's dilemma is a common concept in the game theory. It shows why two rational individuals will not cooperate. Two prisoner's have the choice to cooperate with each other and remain silent or blame the other.
The Nash equilibrium for both the payers here will be to betray each other. But this will incur cost on both of them. If the players could cooperate with each other, they would not agree to this.
Answer:
Correct option is (C)
Explanation:
Given:
Sales revenue = $440,000
Cost of goods sold = $180,000
Gross profit is sales revenue less cost of goods sold.
Gross profit = 440,000 - 180,000
= $260,000
Other indirect expenses such as advertising, interest, salaries, utilities and income tax expenses are deducted from gross profit to arrive at net profit.