1. B. It should remain open in the short-run if price is greater than average variable costs. In the short run, a competitive firm should continue operating as long as it covers its variable costs. This allows the firm to at least recover some of its costs, and it may be able to make a profit in the long-run if market conditions change.
2. True. In a perfectly competitive market, a firm will only make an economic profit when its price is higher than its average cost. This is because in a perfectly competitive market, there are no barriers to entry, so any b will attract new firms until the price is driven down to the point where firms are making only a normal profit.
3. A. Perfectly Elastic. In a b the demand curve for an individual firm's products is perfectly elastic, meaning that the firm can sell as much as it wants at the going market price, but cannot charge a higher price without losing all of its customers.
4. False. In monopolistic industries, the marginal revenue curve is downward sloping, meaning that the firm must lower its price to sell more units. This means that the marginal revenue is always less than the price, unlike in perfectly competitive markets where marginal revenue is equal to price.
5. A. Perfect Competition. Small farms are typically part of a perfectly competitive market, as there are many small farms producing similar products and no one farm has significant market power to influence the price.
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Do you think every working American needs a 401(k) account or an IRA? Why or why not?
No links
Need ASAP
Answer:
Both 401(k) accounts and IRAs are retirement savings accounts that allow individuals to save for retirement on a tax-advantaged basis. Contributions to these accounts are tax-deductible, and the earnings on the investments grow tax-free until they are withdrawn during retirement.
There are some benefits to having a 401(k) account or an IRA. They allow individuals to save for retirement in a tax-efficient way, and can provide a significant source of income during retirement. In addition, many employers offer matching contributions to 401(k) accounts, which can be a valuable incentive to participate.
However, there are also some drawbacks to these types of accounts. For example, they are subject to market fluctuations and the investment risk is borne by the individual. In addition, there are limits on how much can be contributed each year, which may not be enough to provide for a comfortable retirement.
Whether or not every working American needs a 401(k) account or an IRA depends on individual circumstances. For some people, these accounts may be a valuable tool for saving for retirement. For others, different types of retirement savings accounts or strategies may be more appropriate. Ultimately, it is up to each individual to determine the best approach for their own retirement planning.
Industries inc issued $15,000,000, of 8% debentures on may 1 and received cash totaling $13,308,942
Industries Inc is a company that issued debentures on May 1, which are essentially bonds that are not secured by any specific collateral. The debentures were issued at a value of $15,000,000 and carried an 8% interest rate. When the debentures were issued, the company received cash totaling $13,308,942. This means that the debentures were not sold at their full face value, but rather at a discount.
The reason for this is likely due to market conditions at the time of issuance. The company may have needed to offer a discount to entice investors to purchase the debentures. The $13,308,942 in cash that was received by the company will likely be used to finance operations or other investments.
The 8% interest rate on the debentures means that the company will be required to pay interest to the debenture holders each year. This interest expense will be recorded on the company's income statement. Overall, the issuance of the debentures provides a source of financing for Industries Inc, but also carries the obligation to make regular interest payments to the debenture holders.
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Assume that your total cost per unit to make a snack is $4.50. Your company is using a cost-plus pricing strategy and would like to charge a 15% markup. Show your work to calculate the Selling Price of the snack as well as the Total Profit that would be made per unit. Show your work
Answer: See explanation
Explanation:
The selling price of the snack will be the addition of the cost plus the markup. This will be:
Cost per unit = $4.50
Markup percentage= 15%
Markup = Markup percentage × Cost
= 15% × $4.50
= 0.15 × $4.50
= $0.675
Then, selling price will be:
= $4.50 + $0.675
= $5.175 per unit
Profit = Selling price - Cost price
= $5.175 - $4.50
= $0.675 per unit
The profit is the markup price.
Two-thirds of a number is two more than one-half of another number. The sum of the number is 129. Find the numbers.
Answer: 57 ; 72
Explanation:
Given information
2/3 of a number is 2 more than (1/2) of another number
Sum = 129
Set variables
Let x be the first number
Let y be the other number
Set system of equations
\(1)~\dfrac{2}{3} x=\dfrac{1}{2} y+2\)
\(2)~x + y=129\)
Eliminate fractions in the 1) equation
\(\dfrac{2}{3} x\times6=\dfrac{1}{2} y\times6+2\times6\)
\(4x=3y+12\)
Move x and y onto the same side
\(4x-3y=12\)
Current System
\(1)~4x-3y=12\)
\(2)~x + y=129\)
Multiply 3 on both sides in 2) equation
\(x\times3 + y\times3=129\times3\)
\(3x+3y=387\)
Current System
\(1)~4x-3y=12\)
\(2)~3x+3y=387\)
Add 1) equation and 2) equation together
\((4x - 3y)+(3x+3y)=(12)+(387)\)
Expand parenthesis and combine like terms
\(4x - 3y + 3x + 3y = 12 + 387\)
\(4x + 3x - 3y + 3y=399\)
\(7x=399\)
Divide 7 on both sides
\(7x\div7=399\div7\)
\(\Large\boxed{x=57}\)
Substitute the x value into one of the equations to find the y value
x + y = 129
(57) + y = 129
y = 129 - 57
\(\Large\boxed{y=72}\)
Hope this helps!! :)
Please let me know if you have any questions
Which type of tax is paid to support transfer payments and other programs of the u.s. government
Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.
What kind of tax is paid to the government directly? Federal income tax: An income tax is a type of tax that the federal government levies on people and corporations based on their earnings.Defense, foreign policy, law enforcement, and debt interest are just a few of the government initiatives that are funded in part by the federal income tax.Taxes that are paid directly to the government by the taxpayer are known as direct taxes.A progressive tax is one that levies an income tax that is higher for high-income groups than for low-income ones.An equal percentage of revenue from each income category is taken as a tax under a proportional system.Regressive taxes—Taxes that take a bigger percentage of low-income groups' income than high-income groups—are those that are imposed.To learn more about Federal income tax refer
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Which describes absolute advantage?
A.) ability to produce more cheaply
B.) existence of lower opportunity costs than competitors
C.) performance of a particular productive task within an economic system
D.) best alternative given up by a particular production decision
A producer has an absolute advantage over its rivals when it can create an item or service in a higher volume for the same price, or in the same volume at a cheaper price.
Which describes absolute advantage?
The capacity of a producer to outproduce a rival in terms of production of a products or service. Comparative advantage: When a producer can create a commodity or service for less money than a rival.
The capacity to produce at a lower cost; a comparative advantage over rivals in that there are reduced opportunity costs; Performing a certain productive work well within an economic system is known as specialisation. Protectionism: The presence of restrictions on free commerce.
The capacity of a company to create more and sell more of an item or service than competitors while utilizing the same amount of resources is referred to as having an absolute cost advantage in economics.
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city street fund has a portfolio of $700 million and liabilities of $50 million. if there are 25 million shares are outstanding, what is net asset value?
The net asset value (NAV) of a fund is calculated by subtracting the liabilities from the total portfolio value and then dividing by the number of shares outstanding.
Portfolio Value: $700 million
Liabilities: $50 million
Shares Outstanding: 25 million
Net Asset Value (NAV) = (Portfolio Value - Liabilities) / Shares Outstanding Net Asset Value (NAV) = ($700 million - $50 million) / 25 million
Net Asset Value (NAV) = $650 million / 25 million
Net Asset Value (NAV) = $26 Therefore, the net asset value (NAV) per share is $26.
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Question 5 of 10
For accountants, which of the following is the most important consequence
of the unethical use of technology?
A. the threat to the reliability of accounting systems
OB. the direct and indirect loss of revenue
C. the possibility that privacy will be compromised
D. the loss of trust in the accounting profession
SUBMIT
The most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
What are accounting systems?Accounting systems are described as the controls, procedures, and processes in accounting. The main purpose of accounting systems is to make a summary and record the different business transactions in a way that will allow the creation of reports, and enhance operations.
If the accountants are unethically using technology, then it will directly impact the accounting processes, and transaction records of businesses, and the financial report will produce erroneous results and will highly degrade the decision-making process.
It can be concluded that the most important consequence of the unethical use of technology for accountants is the threat to the reliability of accounting systems (option A).
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Answer: The loss of trust in the accounting profession
Explanation: believed the other person aaaannnnnddddd got it wrong
What do most states use as a general guideline for punitive damages?
A.Four times the amount of special damages
B.One half of the amount paid for proven damages
C.Ten times the amount of special damages
D.An amount equal to special damages
Answer:
four times
Explanation:
just answered
Answer:
A. Four times the amount of special damages
Explanation:
A recent change in indian law allows some foreign retailers to operate in india without partnering with an indian company. This represents a lowering of ________ to international trade.
If Indian law allows some foreign retailers to operate in India without partnering with an Indian company, then this represents a lowering of economic barriers to international trade.
In the field of business, a barrier can be described as a factor that prevents others to execute their business in a certain place according to the business policies made by a place or country.
Many countries do not allow foreign retailers to conduct their business in the country without a local partner. This is done so that the competition for local businesses stays limited.
However, to empower international trade, a country might need to lower its economic barriers and allow other countries to conduct business in it without a local partner.
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Sal Amato operates a residential landscaping business in an affluent suburb of St. Louis. In an effort to provide quality service, he has concentrated solely on the design and installation of upscale landscaping plans (e.g., trees, shrubs, fountains, and lighting). With his clients continually requesting additional services, Sal recently expanded into lawn maintenance, including fertilization.
The following data relate to his first year’s experience with 57 fertilization clients:
-Each client required seven applications throughout the year and was billed $42.00 per application.
-Two applications involved Type I fertilizer, which contains a special ingredient for weed control. The remaining five applications involved Type II fertilizer.
-Sal purchased 5,200 pounds of Type I fertilizer at $0.55 per pound and 10,200 pounds of Type II fertilizer at $0.42 per pound. Actual usage amounted to 3,400 pounds of Type I and 7,900 pounds of Type II.
-A new, part-time employee was hired to spread the fertilizer. Sal had to pay premium wages of $11.70 per hour because of a very tight labor market; the employee logged a total of 169 hours at client residences.
-Based on previous knowledge of the operation, articles in trade journals, and conversations with other landscapers, Sal established the following standards:
Fertilizer purchase price per pound: Type I, $0.52; Type II, $0.44
Fertilizer usage: 42 pounds per application
Typical hourly wage rate of landscape personnel: $9.20
Labor time per application: 40 minutes
The operation did not go as smoothly as planned, with customer complaints actually much higher than expected.
Required:
1. Compute Sal’s direct-material variances for each type of fertilizer.
2. Compute the direct-labor variances.
3-a. Compute the actual cost of the client applications. (Note: Exclude any fertilizer in inventory, as remaining fertilizer can be used next year.)
3-b. Calculate the profit or loss of Sal’s new lawn fertilization service.
4. On the basis of the variances that you computed in parts (1) and (2) was the new service a success from an overall cost-control perspective?
5. Should the fertilizer service be continued next year?
The following data relate to Sal Amato first years’ experience with 57 fertilization clients:
-Each client required seven applications throughout the year and was billed $42.00 per application.
-Two applications involved Type I fertilizer, which contains a special ingredient for weed control. The remaining five applications involved Type II fertilizer.
-Sal purchased 5,200 pounds of Type I fertilizer at $0.55 per pound and 10,200 pounds of Type II fertilizer at $0.42 per pound. Actual usage amounted to 3,400 pounds of Type I and 7,900 pounds of Type II.
-A new, part-time employee was hired to spread the fertilizer. Sal had to pay premium wages of $11.70 per hour because of a very tight labor market; the employee logged a total of 169 hours at client residences.
-Based on previous knowledge of the operation, articles in trade journals, and conversations with other landscapers, Sal established the following standards:
Fertilizer purchase price per pound: Type I, $0.52; Type II, $0.44
Fertilizer usage: 42 pounds per application
Typical hourly wage rate of landscape personnel: $9.20
Labor time per application: 40 minutes
The operation did not go as smoothly as planned, with customer complaints actually much higher than expected.
After understanding of the above information provided, to calculate the profit or loss of Sal’s new lawn fertilization service, we need more information such as the total revenue. However, generally speaking, we can calculate the profit or loss of a business by using the following formula:
Profit or loss = total revenue - total expenses
Total revenue is the amount of money that a business earns from selling its products or services. In this case, Sal’s total revenue would be 57 clients x 7 applications x $42 per application = $16,002.
Total expenses are all the costs that a business incurs in order to operate. In this case, Sal’s total expenses would include direct materials and direct labor costs as well as other expenses such as overhead costs (e.g., rent, utilities, insurance). We have already calculated the direct materials and direct labor costs in parts 1-3a.
To calculate the profit or loss of Sal’s new lawn fertilization service, we would need to subtract the total expenses from the total revenue. If the result is positive, then Sal has made a profit. If the result is negative, then Sal has incurred a loss.
Thus, 1. the direct-material variances for Type I and Type II fertilizers were unfavorable, indicating that the actual costs of the fertilizers were higher than the standard costs.
2. The direct-labor variances were favorable, but not enough to offset the unfavorable direct-material variances.
3a. The actual cost of the client applications can be calculated as follows:
Total direct materials cost = (3,400 pounds of Type I x $0.55 per pound) + (7,900 pounds of Type II x $0.42 per pound) = $4,187
Total direct labor cost = 169 hours x $11.70 per hour = $1,973.70
Total direct cost = Total direct materials cost + Total direct labor cost = $4,187 + $1,973.70 = $6,160.70
3b. To calculate the profit or loss of Sal’s new lawn fertilization service, we would need to subtract the total expenses from the total revenue. If the result is positive, then Sal has made a profit. If the result is negative, then Sal has incurred a loss.
Total revenue is 57 clients x 7 applications x $42 per application = $16,002.
Total expenses are $6,160.70.
Profit or loss = Total revenue - Total expenses = $16,002 - $6,160.70 = $9,841.30
Therefore, Sal made a profit of $9,841.30 from his new lawn fertilization service.
4. Based on the variances computed in parts (1) and (2), we can say that the new service was not a success from an overall cost-control perspective. The direct-material variances for Type I and Type II fertilizers were unfavorable, indicating that the actual costs of the fertilizers were higher than the standard costs. The direct-labor variances were favorable, but not enough to offset the unfavorable direct-material variances.
5. Whether or not the fertilizer service should be continued next year depends on a number of factors such as customer demand, competition, profitability, and Sal’s own goals and objectives. However, based solely on the information provided, it seems that there is potential for improvement in terms of cost control. Sal could consider revising his standards for fertilizer purchase price per pound and fertilizer usage to better reflect actual costs and usage. He could also explore ways to reduce labor costs such as hiring part-time employees at a lower wage rate or using more efficient equipment.
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Assume that CAD19,915 is the current price level in Canada, while AUD17,503 is the current price level in Australia for an equivalent bundle of goods. Given a spot exchange rate of CAD1.0863/AUD, what is the internal and external purchasing power of CAD1.40 million? Is the Canadian dollar overvalued or undervalued relative to the Australian dollar? a. 70.30 consumption bundles; 73.63 consumption bundles; overvalued b. 70.30 consumption bundles; 73.63 consumption bundles; undervalued c. 79.99 consumption bundles; 64.71 consumption bundles; overvalued d. 79.99 consumption bundles; 64.71 consumption bundles; undervalued e. 64.71 consumption bundles; 79.99 consumption bundles; undervalued
The Canadian dollar is undervalued relative to the Australian dollar. However, none of the options provided matches this answer.
To calculate the internal and external purchasing power of CAD1.40 million, we need to consider the price levels and the exchange rate between Canada and Australia.
Given:
Price level in Canada (CAD) = 19,915
Price level in Australia (AUD) = 17,503
Spot exchange rate (CAD/AUD) = 1.0863
First, we calculate the internal purchasing power in Canada by dividing the CAD amount by the price level in Canada:
Internal Purchasing Power in Canada = CAD1.40 million / Price Level in Canada
Next, we convert the internal purchasing power to the equivalent amount in Australia using the exchange rate:
Internal Purchasing Power in Australia = Internal Purchasing Power in Canada * Spot Exchange Rate
Similarly, we calculate the external purchasing power in Australia by dividing the CAD amount by the price level in Australia:
External Purchasing Power in Australia = CAD1.40 million / Price Level in Australia
Therefore, the answers are:
Internal Purchasing Power in Canada = CAD1.40 million / 19,915
Internal Purchasing Power in Australia = (CAD1.40 million / 19,915) * 1.0863
External Purchasing Power in Australia = CAD1.40 million / 17,503
Calculating the above expressions, we find that the internal purchasing power in Australia is approximately 77.06 consumption bundles and the external purchasing power in Australia is approximately 79.93 consumption bundles.
To determine if the Canadian dollar is overvalued or undervalued relative to the Australian dollar, we compare the internal and external purchasing powers. If the internal purchasing power is higher than the external purchasing power, it suggests that the Canadian dollar is overvalued. Conversely, if the internal purchasing power is lower than the external purchasing power, it suggests that the Canadian dollar is undervalued.
In this case, the internal purchasing power in Australia (77.06 consumption bundles) is lower than the external purchasing power in Australia (79.93 consumption bundles). Therefore, the Canadian dollar is undervalued relative to the Australian dollar. However, none of the options provided matches this answer.
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We are most likely to see a recession if interest rates on long-term bonds are _____.
a. higher than interest rates on short-term bonds
b. the same as interest rates on short-term bonds
c. rising
d. lower than interest rates on short-term bonds
c. rising. We are most likely to see a recession if interest rates on long-term bonds are rising.
In general, rising interest rates on long-term bonds can have a negative impact on the economy and increase the likelihood of a recession. Here's why:
1. Borrowing Costs: Rising interest rates on long-term bonds increase borrowing costs for businesses and individuals. This can lead to reduced investment, decreased consumer spending, and slower economic growth.
2. Tighter Monetary Policy: Central banks often raise interest rates as a measure to control inflation. When long-term bond rates are rising, it indicates a tightening of monetary policy, which can restrict lending and overall economic activity.
3. Investment Shift: Higher interest rates on long-term bonds can make fixed-income investments more attractive compared to riskier assets such as stocks. This can result in a shift of investment away from the stock market, leading to a decline in stock prices and potential market downturns.
It's important to note that the relationship between interest rates and economic indicators is complex, and various factors can influence the occurrence of a recession. However, in the given context, rising interest rates on long-term bonds are generally associated with increased recessionary concerns.
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Various external pricing factors, such as your competitors' prices and the spending
habits of your target market, influence how much people will pay for a product and
how much demand there will be at that price.
True
False
Answer:
this answer is 2 and this question is very hard
How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
How does microfinance benefit an economy?
Answer:
it enables people to use money wisely
Explanation:
this is because a specific amount of money will be provided for a specific reason
Which deduction generally makes up the largest portion of income subtracted from an employee?
A) taxes
B) unemployment
C) health benefits
D) 401K retirement
Answer:
it's taxes
EXPLANATION:
A firm is said to be _____ when it attempts to match the benefits of a successful position while maintaining its existing position.
A firm is said to be imitative when it attempts to match the benefits of a successful position while maintaining its existing position.
What is Imitation in Business?Imitation refers to the practice of replicating the strategies, processes, products, or services of a rival firm. A company that seeks to mimic the benefits of a successful position while maintaining its existing position is said to be imitative.
The objective of imitation is to match or surpass the performance of a rival firm by capitalizing on the work it has done to establish its position in the industry.
What are the different types of Imitation Strategies?In general, there are three types of imitation strategies:
Direct Imitation: Direct imitation is when a company replicates a rival's strategy or product. It is also referred to as "cloning," and it is the most frequent form of imitation.
Cooperative Imitation: Cooperative imitation is when two or more firms work together to imitate a rival's strategy. It is often utilized in emerging markets where knowledge exchange and cooperation among competitors are more prevalent.
Indirect Imitation: Indirect imitation is when a firm replicates a rival's position using a different strategy. It entails adapting an idea from a rival firm but modifying it to fit one's specific circumstances and resources.
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ok so plz do not take these points.
if ur reading this plz listen to ghost by badflower and then answer and tell me what u think and if u have also recently felt like that.
Answer:
its a good song i think its touching and yes i have recently felt like that.
Explanation:
Investors minimize risk by investing money in __________. A. one specific company B. a variety of companies C. newly-formed corporations D. companies that are competitors Please select the best answer from the choices provided A B C D
Answer: B. a variety of companies
Explanation:
Investors minimize risk by investing money in a variety of companies. The reason for this is to minimize risk. Investing in one specific company isn't ideal because in the case of the company running at a loss, the investor loses all his or her money as well.
On the other hand, when the investor invest in different companies, the risk is minimized. When one company isn't doing well, others will probably be doing well.
I need help with the business ventures Pt 3 assignment, I dont know how to do the tables with graphic designing business. I NEED HELP FAST!!!
Graphic design is a field that creative people with a love of art, technology, and communication might want to consider.
What about graphic design?Graphic design is both a profession and an academic field. and applied art, whose work entails the projection of visual signals meant to convey particular messages to social groups with specific aims. An multidisciplinary area of both the fine arts and design, graphic design is. Using manual or digital technologies, it requires creativity, invention, and lateral thinking. Text and visuals are frequently used to convey ideas graphically.The graphic designer's function during the communication process is that of the message's encoder or interpreter. They focus on the analysis, arrangement, and presentation of visual messages. Graphic design typically goes beyond what language alone can say by using ornamentation, graphics, compositional arrangement of the text, and appealing typography.Graphic design is a field that creative people with a love of art, technology, and communication might want to consider.
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can i doit without pay
Answer:
what?
Explanation:
the term used when individual units or different organizations make independent and often inefficient decisions regarding an incident is called
Freelancing is the phrase used when several organizations or individual units decide independently and frequently ineffectively about an issue.
Why Do People Freelance?Freelancer doesn't work for a firm like a member of the firm . Freelancers typically speak directly with clients to discuss hiring conditions and service fees because they are self-employed. Freelancers are frequently employed by businesses as independent contractors for a little time or a specific project.
How Can I Work As A Freelancer?Determine your target market and business objectives before selecting a field based on your set of talents and interests. Create an online portfolio and create a business email address to continue developing your own brand. On freelance websites like Upwork, look for possible clients.
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Consider the following two-person game. LCR S T 4,0 1,2 2,1 5,1 B 2,4 2,1 4,2 6,0 M 1,4 1,2 3,7 7,1 D 2,2 0,1 1,2 9,0 (a) (2 marks) Iteratively eliminate all strongly dominated actions of the players until no strongly dominated action is left. Which strategies left at the end of this elimination process? Show your work. [Note: We use the phrases "strongly" and "strictly" interchangeably for dominance relationship.] (b) (5 marks) Find all pure and mixed strategy Nash equilibria of this game. Show your work. [Hint: Note that any strategy that is strongly dominated in the iterative elimination process cannot be part of NE.]
(a) To iteratively eliminate strongly dominated actions, we compare the payoffs for each action against the payoffs of other available actions. If an action has a strictly lower payoff compared to another action, it is considered strongly dominated and can be eliminated.
In this game:
LCR S T 4,0 1,2 2,1 5,1 B 2,4 2,1 4,2 6,0 M 1,4 1,2 3,7 7,1 D 2,2 0,1 1,2 9,0
First, we eliminate strictly dominated actions for Player 1:
- In the second row, action B has a strictly higher payoff than action LCR for Player 1, so LCR is eliminated.
Next, we eliminate strictly dominated actions for Player 2:
- In the first column, action T has a strictly higher payoff than action S for Player 2, so S is eliminated.
The remaining strategies after the elimination process are:
Player 1: M, D
Player 2: T
(b) To find the pure and mixed strategy Nash equilibria (NE) of the game, we examine the strategies that survive the elimination process.
Pure strategy NE:
- (M, T) is a pure strategy NE because no player can unilaterally deviate to improve their payoff.
Mixed strategy NE:
- Player 1's strategy: Since Player 1 has two remaining strategies, M and D, the mixed strategy NE would involve a probability distribution between these two strategies.
- Player 2's strategy: Player 2's only remaining strategy is T, so the mixed strategy NE would involve a probability of 1 for T.
To find the specific probabilities for Player 1's mixed strategy NE, we compare the payoffs of M and D when Player 2 plays T:
- For Player 1, the expected payoff of M is 1/3(1) + 1/3(2) + 1/3(3) = 2
- For Player 1, the expected payoff of D is 1/3(2) + 1/3(0) + 1/3(2) = 4/3
Since the payoff of D is strictly higher than M, Player 1 would choose D with a probability of 1 and M with a probability of 0 in the mixed strategy NE.
Therefore, the Nash equilibrium of the game is:
Pure strategy NE: (M, T)
Mixed strategy NE: (D, T) with Player 1 playing D with probability 1.
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List 3 responsibilities that a consumer has when making a purchase.
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
g the daily demand for a particular item at a hardware store is normally distributed, with an average of 200 and a standard deviation of 12 units. the store manager is willing to accept a 9% risk of stockout during the lead time, which is constant at 5 days. write your final answer only (without intermediate steps) for the fill-in-the-blank questions. question 27 (4 points) saved question 27 options: the service level that the store manager wants to maintain
The service level that the store manager wants to maintain is 0.91. This is because 9% of the time during the lead time, the store would be willing to accept a stock out. Thus the service level will be 91%.
What is lead time?
In inventory management, lead time refers to the interval between placing a purchase order to refill products and when the order is actually delivered to the warehouse. Order lead times might vary amongst suppliers; the longer the lead time is likely to be, the more suppliers there are in the supply chain.
The service level that the store manager wants to maintain is calculated as:-
R = Stock out risk = 9 %
SL = Service Level = 1 - R
= 100 - 9
= 91%
Therefore, the service level is 91%.
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XYZ Co has 1000 units of bonds outstanding. Each unit has $100 face value, 7% coupon rate with semi-annual payments, and 10 years to maturity. The risk-free rate is 3%, default risk premium is 2%, maturity risk premium for 10-year maturity is 1 %. XYZ is in the 25% tax bracket. You MUST label all your answers with numbers and alphabets such as 1.a, 1.b, 1.c, etc. 1. (a) Determine the required rate of return for its bonds, (b) the amount of tax savings, and (c) the after tax cost of debt.
Required rate of return for its bonds: To calculate the required rate of return for XYZ Co bonds, we need to find the total risk premium, which is equal to the sum of the default risk premium and the maturity risk premium plus the risk-free rate. Risk premium= Default risk premium + Maturity risk premium + Risk-free rate= 2% + 1% + 3%= 6%
Thus, the required rate of return for XYZ Co bonds is 7% + 6% = 13%.(b) Amount of tax savings: XYZ Co can deduct the interest it pays on its bonds from its taxable income. The amount of interest paid per bond is equal to $100 × 7% / 2 = $3.50 per semi-annual period. Thus, the total interest paid per year is equal to $3.50 × 2 = $7 per bond per year. The amount of tax savings is equal to the tax rate multiplied by the interest paid per bond per year.
Therefore, the amount of tax savings is 25% × $7 = $1.75 per bond per year.(c) After-tax cost of debt: The after-tax cost of debt is calculated by subtracting the amount of tax savings from the yield to maturity. The yield to maturity is the expected rate of return that an investor would earn if they bought the bond today and held it until maturity. The semi-annual coupon payment is $100 × 7% / 2 = $3.50, and there are 20 semi-annual periods in 10 years. Therefore, the price of one bond today is equal to the present value of the 20 semi-annual payments plus the present value of the face value of $1000 (the principal to be paid at maturity).P= (3.50 / (1 + (13% / 2))1 + 3.50 / (1 + (13% / 2))2 + 3.50 / (1 + (13% / 2))^20 + 1000 / (1 + (13% / 2))^20= $685.57 per bond Therefore, the after-tax cost of debt is equal to the yield to maturity minus the amount of tax savings per bond per year, which is: After-tax cost of debt= Yield to maturity - Tax savings= 13% - 1.75% = 11.25%Answer:1. (a) The required rate of return for its bonds is 13%.1. (b) The amount of tax savings is $1.75 per bond per year.1. (c) The after-tax cost of debt is 11.25%.
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Define buisness collaboration. What are the things to be considered in buisness collaboration?
Answer:
Is a working practice where people work together for a commonpurpose to a achieve a bussiness benefit. Type of collbration is network, coalitions and movement and public private partnership and collective impact initiatives
Explanation:
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In the ______________, households receive goods and services and pay firms for them.
1. labor market
2. financial capital market
3. goods and services market
4. savings market
In the goods and services market, households receive goods and services and pay firms for them.
What is the definition of a goods market?All the purchasing and selling of products and services is referred to as the "goods market." By "money market," we refer to the relationship between the supply and demand for money as determined by the Federal Reserve through the banking system (i.e., the size of the money stock).Examples of goods are automobiles, appliances, and clothing. Examples of services are legal advice, house cleaning, and consulting services.In the goods and services market, households receive goods and services and pay firms for them.
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Which of the following is TRUE of a discount on bonds payable?
a. A discount on bonds payable is added to bonds payable and shown with long-term liabilities on the balance sheet.
b. A discount on bonds payable is subtracted from bonds payable and shown with the current liabilities on the balance sheet.
c. A discount on bonds payable is added to bonds payable and shown with stockholders' equity on the balance sheet.
d. A discount on bonds payable is subtracted from bonds payable and shown with long-term liabilities on the balance sheet.
TRUE of a discount on bonds payable is "A discount on bonds payable is subtracted from bonds payable and shown with long-term liabilities on the balance sheet". The correct answer is D.
When bonds are issued at a discount, it means they are sold at a price lower than their face value. The discount represents the difference between the face value and the price at which the bonds are issued. This discount is considered a contra-liability and is subtracted from the bonds payable amount on the balance sheet. It is shown as a reduction in the carrying value of the bonds, which is presented as a long-term liability.
By subtracting the discount from the bonds payable, the net carrying value of the bonds is reflected more accurately on the balance sheet. The correct answer is D.
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