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aleksandrvk [35]
3 years ago
7

Two athletes of equal ability are competing for a prize of $12,000. Each is deciding whether to take a dangerous performance-enh

ancing drug. If one athlete takes the drug and the other does not, the one who takes the drug wins the prize. If both or neither take the drug, they tie and split the prize. Taking the drug imposes health risks that are equivalent to a loss of XX dollars.
Complete the following payoff matrix describing the decisions the athletes face.
Player Two’s Decision
Take Drug Don’t Take Drug
Player One’s Decision Take Drug , ,
Don’t Take Drug , ,
True or False: The Nash equilibrium is taking the drug if X is greater than $6,000.
Suppose there was a way to make the drug safer (that is, have lower XX).
Which of the following statements are true about the effects of making the drug safer? Check all that apply.
It increases the payoff of taking the drug.
It lowers the likelihood of taking the drug.
It has no effect on the athletes’ decision to take the drug if X remains greater than $6,000.
Business
1 answer:
jeka943 years ago
5 0

Answer:

The format is messed up

Explanation:

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Greg, the CEO of Organic Market, wants managers and employees to instruct each other about the organization’s chosen values and
malfutka [58]

Answer: Embed company culture

               

Explanation: Company culture refers to the values and beliefs of an organisation that runs at every level of the operations. Every employee of the organisation have to work by following that company culture.

In the given case, Greg is trying to make a communication channel in the organisation so that every employee can get a sense of the company culture that runs in the workplace.

Hence we can conclude that he is trying to embed the company culture.

8 0
3 years ago
If employees are told that budgets must be cut by 10 percent, they may automatically assume that 10 percent of employees will lo
Mandarinka [93]

Answer: This tendency to make assumptions is referred to as CLOSURE.

Explanation: CLOSURE is defined as the experience of an emotional conclusion usually to a difficult period. This is usually done bearing in mind that the experience is open to more than one meaning, interpretation or explanation. In this case, the information given to the employees is a polysemy/ambiguous making their assumptions referred to as closure.

7 0
3 years ago
Which of the following is not true about the law of diminishing returns? It is a short run phenomenon. It refers to diminishing
Natasha2012 [34]

Answer:

All of the above are true.

Explanation:

The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.  

Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.

3 0
2 years ago
Why do you think pmi created a separate knowledge area for stakeholder management?
DaniilM [7]
PMI stands for the project management institute and organization which in non-profit for the project management in the United States.
And i think Project management institute created separate knowledge area for stakeholder management to keep the information of stakeholder control within the task or project.
3 0
3 years ago
As of December 31, 2015, Juneau Company had total cash of $155,000, notes payable of $85,600, and common stock of $52,400. Durin
Illusion [34]

Answer:

ending RE 30,000

Explanation:

Using the acounting equation we solve for the beginning RE

<em>Assets = liab + equity</em>

155,000 = 85,600 + 52,400 + Retained Earnings

155,000 - 85,600 - 52,400 = <em>17,000</em>

beginning RE 17,000

net income

revenues 36,000 - 20,000 expenses = 16,000

dividends: 3,000

ending RE: 17,000 + 16,000 - 3,000 = 30,000

6 0
3 years ago
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