Answer:
The Correct answer would be, When Days will be greater than 5
Explanation:
There are two companies who give cars on rent.
Thrift rents a car for $33 per day
i-e
T=$33D
General rents the car for $20
i-e
G=$20D
and general charges an initial fee of $65
So
G=$20 + $65
So according to question, for how many days it would be cheaper to rent from General.
So when charges by general are less than charges by thrift, as shown below:
65+20D < 33D
65 < 33D-20D
65 < 13D
D > 5
So the answer would be 5 Days.
This is tough to answer in 3-5 sentences, and tends to also be a heavy identifier of your possible political leanings. You'll have to apologize if some of mine leak out in the response, but this is a question we debate hotly more frequently than every 4 years.
In general, international trade can help increase the GDP and overall profits for US-based corporations. However, if all we do is export, and we don't import, other countries don't look favorably upon that and may heavily tax our goods to counter this.
I believe we do need to be thoughtful about the amounts and kinds of international trade that we engage in. For example, farming is always a hotly debated issue for international trade, in part because farmers in other countries with a dramatically lower cost of living OR farmers in countries with a favorable currency rate (exchange from their currency to our dollars gives them an advantage) can undercut our farmers here in the US, many of whom are already struggling.
There are also those who are worried that when we import produce from countries that have not outlawed pesticides we know are carcinogenic, for instance, this creates not only a disadvantage for US farmers, but also for consumers who may be concerned about health issues.
As another example of this, many countries outlawed import of US beef during the Mad Cow Epidemic. We in turn also placed bans on importing beef from the UK.
These are examples of why it's important to be thoughtful about trade, but there are certainly many others, including decline in production jobs within the US that have left cities like Detroit a ghost town (this was formerly the hub of our automotive industry production).
Answer:
a) Dominant strategy is for Rina to choose Right.
b) Musashi chooses left and Rina chooses right
Explanation:
As per the data given in the question,
a).
A winning strategy is the tactic a player selects regardless of the tactic other player selects.
When Rina selects left, Musashi selects right because (7>4)
When Rina selects right, Musashi selects left because (6>4)
When Musashi selects left, Rina selects right because (6>1)
When Musashi selects left, Rina selects right because (7>6)
So only dominant strategy is for Rina to choose Right
b)
In a Nash equilibrium, the players decide their strategies taking in consideration other strategy.
Hence, Musashi chooses left and Rina chooses right, (payoff: 6,1)
Answer: B: Department stores
Explanation: Department stores, like most retailers, are experiencing greater competition and need to take extra steps to compete.
