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2 years ago

A shoplifer and a security guard are playing a simultaneous game.

Business

1 answer:

nadya68 [22]2 years ago

3 0

Answer:

A simultaneous game was played between a shoplifter and a security guard.

The answer to the game was answered in accordance to the question stated above,

There is no Nash Equilibrium in the game, The shoplifter does not steal in this case, Does not steal, The security guard will be watchful, The security guard ill sleep on the job.

Explanation:

Solution

Given that:

Let our matrix be defined as follows

Security Guard

Vigilant or attentive Not vigilant, less attentive

Shoplifter Steal - 20, 15 15, -5

Does not steal 0, 3 0, 0

Now,

(1) There is no Nash Equilibrium in the game

(2) The shoplifter does not steal in this case

(3) The shoplifter does not steal

(4) The security guard will be watchful

(5) The security guard ill sleep on the job

Note:

Kindly find an attached copy of the complete question below

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your local pawn shop loans money at an annual rate of 24 percent and compounds interest weekly. What is the actual rate being ch

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Answer:

27%

Explanation:

The actual rate being charge on these loans is the effective annual rate and the formula to calculate it is:

i=(1+(r/m))^m−1

i= effective annual rate

r= interest rate in decimal form=0.24

m=number of compounding periods per year= 52 (a year has 52 weeks).

i=(1+(0.24/52))^52-1

i=1.27-1

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According to this, the answer is that the actual rate being charge on these loans is 27%.

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3 years ago

Theoretically high taxes slow the economy because

Vlad1618 [11]

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

<h3>How do high taxes slow the economy?</h3>

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

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1 year ago

When firms are said to be price takers, it implies that if a firm raises its price: a. buyers will go elsewhere. b. buyers will

MatroZZZ [7]

Answer:

The correct answer is a. buyers will go elsewhere.

Explanation:

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3 years ago

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Answer:

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1. Offer specials that bring retailers better-than-wholesale prices.

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2 years ago

Compute the Cost of Goods Manufactured and Cost of Goods Sold for Strike Marine Company for the most recent year using the amoun

Alecsey [184]

Answer:

Instructions are below.

Explanation:

<u>First, we need to calculate the direct material used and the manufacturing overhead:</u>

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 22,000 + 74,000 - 34,000

Direct material used= $62,000

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Depreciation-plant building and equipment 12,600

Repairs and maintenance-plant 3,900

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Total overhead= $68,000

<u>Now, we can determine the cost of goods manufactured:</u>

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cost of goods manufactured= 41,000 + 62,000 + 88,000 + 68,000 - 27,000

cost of goods manufactured= 232,000

<u>Finally, the cost of goods sold:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

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2 years ago