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Illusion [34]
3 years ago
10

Suppose Carlos and Deborah are playing a game in which both must simultaneously choose the action Left or Right. The payoff matr

ix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Carlos chooses Right and Deborah chooses Right, Carlos will receive a payoff of 7 and Deborah will receive a payoff of 4.
Carlos
Left Right
Deborah Left 6, 6 6, 3
Right 4, 3 5, 5

The only dominant strategy in this game is for _____ to choose _____.

The outcome reflecting the unique Nash equilibrium in this game is as follows:

Deborah chooses _____ and Carlos chooses _____.
Business
1 answer:
lawyer [7]3 years ago
4 0
Hello this is a long question lol are you still on it? Sorry I’m talking like this it’s because I can’t put this unless I put a sertian number of sentences
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The real risk-free rate is 2.0% and inflation is expected to be 2.75% for the next 2 years. A 2-year Treasury security yields 5.
bekas [8.4K]

Answer:

0.6%

Explanation:

From the question above the values given are

Treasury security rate= 5.35%

Real risk free rate= 2.0%

Average inflation rate= 2.75%

Market risk premium= ?

The market risk premium can be calculated as follows

Treasury security rate= Real risk rate+Average inflation rate+Market risk premium

5.35%= 2.0%+2.75%+market risk premium

5.35%= 4.75%+market risk premium

5.35%-4.75%= market risk premium

0.6%= market risk premium

Market risk premium is 0.6%

Hence the market risk premium for the 2-year security is 0.6%

3 0
4 years ago
Listed below are amounts of court income and salaries paid to the town justices. All amounts are in thousands of dollars. Constr
aleksklad [387]

Answer:

H0 : β = 0

H1 : β = 0

R = 0.8642

P value = 0.002654

Explanation:

Null hypothesis : H0 : β = 0

Alternative hypothesis : H1 : β ≠ 0

The correlation Coefficient, R value as obtained using a correlation Coefficient calculator is 0.8642. This depicts that a strong positive relationship exists between court income and Justice salary.

The Pvalue using the Pvalue calculator (R = 0.8642, N = 9) = 0.002654

The Pvalue < α

0.002654< 0.05 ; Hence, we reject H0.

4 0
3 years ago
Black Cat Corporation manufactures a product with the following full unit costs at a volume of 4,000 units: Direct materials $20
Snezhnost [94]

Answer:

Increase by $97,650

Explanation:

Increment Sale                                       $247,500

(450 * $550)

<u>Less Increment cost</u>

Direct materials                 $90,000

(450 * $200)

Direct labor                        $36,000

(450 * $80)

Manufacturing overhead   $20,250

(450 * $150 * 30%)  

Administrative expenses   <u>$3,600</u>        <u>$149,850</u>

(450 * $80 * 10%)

Profit will increase by                             <u>$97,650</u>

5 0
3 years ago
Reece has decided to start his own brewery. To purchase the necessary equipment, Reece withdrew $20,000 from his savings account
KengaRu [80]

Answer:

The opportunity cost is the income earned from her balance on savings account at the interest rate of 3% per year that Reece would received if she had not opened her owned brewery business. This opportunity cost is $600 per year.

Explanation:

Please find the below for further explanation and calculations:

The opportunity cost per one year = Income earned on saving account per one year = 20,000 x 3% = $600;

The reason why it is an opportunity cost is because as a result of opening brewery business, Reece sacrifices the income earned on this saving, instead, she contributes the saving fund to her brewery business.

8 0
4 years ago
This is the basis of most sauces:
tatuchka [14]

Answer:

A

Explanation:

7 0
3 years ago
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