Answer:
the marginal revenue per unit of output and the marginal product of labor
Explanation:
Marginal revenue product -
It is the market value of one of the additional unit of output , is known as marginal revenue product also called the marginal value product .
The calculation for marginal revenue product is calculated by the multiplication of the marginal revenue with the marginal product of the labor .
MRP = MR * MPL
Where ,
<u>MRP = Marginal revenue product </u>
<u>MR = marginal revenue</u>
<u>MPL = marginal product of the labor .</u>
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Answer:
(a) 12.75%
Explanation:
Given that,
Beta = 1.5
Risk-free rate = 4.5 percent
Expected return on market portfolio = 10 percent
Here, we are using CAPM:
(a) Expected rate of return for Acer common stock:
= Risk free rate + beta (Expected return on market Portfolio - Risk free rate)
= 4.5% + [1.5 (10% - 4.5%)]
= 0.045 + (1.5 × 0.055)
= 0.045 + 0.0825
= 0.1275 or 12.75%
(b) This rate is known as the fair rate which compensates the holder or investor for assuming the risk associated with it and for the time value of money.
Answer:
C. the study of strategy and strategic behavior.
Explanation:
Game theory is the study of strategy and strategic behavior. It is assumed that the parties involved are rational. The payoff of a player of a game is determined by the actions of others in the game.
A popular example of game theory is the prisoners dilemma.
A game theory can involve more than two players.
An example of prisoners dilemma:
There are two prisoners - if both confess to a crime, they both get 5 years in prison. If both prisoners don't confess they are set free. If one confess and the other doesn't, the prisoner that confesses 2 years in prison while the other prisoner that didn't confess gets 10 years in prison.
The dominant strategy which is the best option for the prisoner regardless of what the other prisoner does is to confess.
The Nash equilibrium is for both prisoners to defect.
I hope my answer helps you
Answer:
enforceable even without Robin's signature because both parties are merchants.
Explanation:
Enforceable law defines when one person performs legally contract and that party enforce or impose to the other.
Therefore in the given situation, Robin sends the written confirmation of the sale, which was sufficient under the statute of frauds, Bellman signs and Robin fails to send the goods. So, this contract is enforceable because without Robin's signature because both parties are merchants.
Answer:
It acts as a stimulus to a market
Explanation:
Incentive encourages people to act in a particular and desired way. It is anything that motivates people to work hard to achieve set objectives.
Since incentives influence behavior, they can act to stimulate the market. Stimulating the market refers to the actions that encourage increased economic activities. Incentives lead to increased levels of activities in the market.
