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:
A. dog
Explanation:
The Boston Consulting Group growth share matrix is a graphical representation used in planning which of a companie's products should be kept, discarded, or invested more in.
Four categories of products are stars, dogs, cash cow, and question mark.
Dogs have low market share and low growth rate. Options for handling such products are selling, repositioning, or liquidation.
Demand for building materials has dropped due to the slowdown in new housing construction and the company is considering bclosing its fine wood division that produces mahogany and cherry lumber for building cabinets and other applications.
This division is most likely a dog
Answer:
The financial analyst would be more justified in concluding the firm's liquidity position most probably has improved.
Explanation:
The current ratio is the which is used to measure or evaluate the firm short- term liquidity position and it provides a relationship among the CA (Current Assets) and CL (Current Liabilities).
As the Current ratio is 3.8 today, which is good for the firm as they have the ability to meet up its short- term obligations. Which in turn concludes that the firm liquidity position is improving.
<span>Well, here's the definition from Merriam Webster to help get you started :) </span><span><span>1: an employment benefit (such as a pension or a paid holiday) granted by an employer that has a monetary value but does not affect basic wage rates</span>2<span>: any additional benefit <span>increased energy is a fringe benefit of regular exercise</span></span></span>
Answer:
Annual depreciation= $14,355
Explanation:
Giving the following information:
Original cost= $65,800
Number of units= 200
Salvage value= $2,000
During the first year, the band performs 45 concerts.
To calculate the annual depreciation under the units-of- production method, we need to use the following formula:
Annual depreciation= [(original cost - salvage value)/useful life of production in units]*units operated
Annual depreciation= [(65,800 - 2,000)/200]*45
Annual depreciation= $14,355