according to the matrix provided here, there is a dominant strategy in this game, which shows what each firm should do regardless of what the other firm is doing.
Answers
The computer system made it possible for the two airlines to communicate with one another, which allowed them to collaborate and coordinate their strategies.That player has an advantage over the opposition in the game, all other things being equal.
In game theory, a situation where one player possesses better tactics regardless of how their opponent may play is referred to as the dominating strategy. No matter what tactics other players use, a player's dominant strategy is the one that gives them the best results. Since admitting would reduce the average amount of time spent in prison, defecting (i.e., confessing) is the preferred choice in this situation.
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According to the matrix provided below, there is a dominant strategy in this game which shows what each firm should do regardless of what the other firm is doing.
However, in the real world, both airlines posted their planned fare cuts on a computer system that allowed each of them to see what their rival was doing. They each saw the price war starting, backed down, and escaped the prisoner's dilemma.
Which of the following is the best explanation for why the actual outcome is different from the outcome we predicted using game theory?
Based on the matrix provided, a dominant strategy refers to a strategy that is the best option for a player regardless of the other player's strategy choice. In this case, if there is a dominant strategy in the game, it means that one firm has an option that is always better than any other option regardless of what the other firm does.
Identifying a dominant strategy can help firms make better decisions in their business operations and improve their chances of success.Unfortunately, you did not provide the matrix itself. However, I can explain how to identify a dominant strategy in a game using a matrix.
1. Create a matrix (also known as a payoff matrix) that represents the possible strategies for both firms. The rows typically represent one firm's strategies, while the columns represent the other firm's strategies.
2. Examine each row and column to identify the dominant strategy for each firm. A dominant strategy is a strategy that yields a higher payoff for a firm, regardless of what the other firm chooses.
3. To find the dominant strategy for Firm A (assuming Firm A is represented by rows), compare the payoffs in each row. If one row has higher payoffs for Firm A than the other row(s), regardless of the column, that is Firm A's dominant strategy.
4. Similarly, to find the dominant strategy for Firm B (assuming Firm B is represented by columns), compare the payoffs in each column. If one column has higher payoffs for Firm B than the other column(s), regardless of the row, that is Firm B's dominant strategy.
Once you identify the dominant strategy for each firm, it shows what each firm should do regardless of what the other firm is doing. Please provide the specific matrix if you need help determining the dominant strategy for your particular game.
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Related Questions
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anyone in a company who influences the behavior of other employees is acting as a ___.
A. executive
B. supervisor
C. leader
D. manager
Answers
Answer:
C
Explanation
The strategies managers employ in the workplace often dictate employee ... other hand, leaders who lack managerial skills, are a detriment to employees
Anyone who directs the actions of other workers in a corporation is functioning in a leader capacity. Hence, Option C is correct.
What is a leader?A leader is someone who enlivens and motivates their people. Anyone who has a vision and knows how to get there is a leader. A leader makes sure their group gets the resources and support they need to succeed.
A leader is someone who enlivens and motivates their people. Anyone who has a vision and knows how to get there is a leader. A leader makes sure their group gets the resources and support they need to succeed.
Optimistic leaders inspire. While taking the effort to advise and train staff whenever there are performance gaps, they take the time to recognise employees for a job well done.
Good leaders encourage their people to be their very best in both good and difficult situations, bringing out the best in each individual.
Therefore, Option C is correct.
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The adjusted trial balance of Monty Corporation at December 31, 2025, includes the following accounts: Retained Earnings $16,900, Dividends $4,100, Service Revenue $35,700, Salaries and Wages Expense $13,100, Insurance Expense \$1,960, Rent Expense $3,960, Supplies Expense \$1,400, and Depreciation Expense \$880. Prepare an income statement for the year.
Answers
The income statement shows that Monty Corporation generated $35,700 in service revenue during the year. After deducting the total expenses of $21,300, the company has a net income of $14,400 for the year.
To prepare the income statement, we will list the revenues and subtract the total expenses to calculate the net income. Based on the adjusted trial balance, the income statement for Monty Corporation for the year ended December 31, 2025, would be as follows:
Monty Corporation
Income Statement
For the Year Ended December 31, 2025
Service Revenue $35,700
Total Revenues $35,700
Expenses:
Salaries and Wages Expense $13,100
Insurance Expense $1,960
Rent Expense $3,960
Supplies Expense $1,400
Depreciation Expense $880
Total Expenses $21,300
Net Income $14,400
The income statement shows that Monty Corporation generated $35,700 in service revenue during the year. After deducting the total expenses of $21,300, the company has a net income of $14,400 for the year. The income statement helps in assessing the profitability of the company and provides valuable information for decision-making and financial analysis.
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Describe ways that employee ethics can affect a company
Answers
Answer:
they can affect the company in different ways
Explanation:
so they can affect either negativly and positivly so it could go both ways
Answer: Employees make better decisions in less time with business ethics as a guiding principle; this increases productivity and overall employee morale. When employees complete work in a way that is based on honesty and integrity, the whole organization benefits.
Explanation:
HELP MEEEE
A family buys a new home for $150,000. However, they also have to set aside
an extra $1,500 to pay to the local government for owning the house. This is
the result of the:
A. estate tax.
B. sales tax.
C. income tax.
D. property tax.
Answers
Answer:
Property tax
Explanation:
This is the answer from my according because under construction properties tax is 12%
P R Ø P Э R T Y TAX
Answer right there ⬆️
need help on econ please and thank you
Answers
Answer:
1. Bonds
2. Property
3. Mutual Funds
4. Starting a business
Explanation:
What is the present value of a perpetuity of $100 per year if
the first payment will be received one year from now and the
appropriate interest rate is 8% per year?
Answers
Perpetuity: Present value = 1,250.
To calculate the present value of a perpetuity, we can use the formula:
Present Value = Cash Flow / Interest Rate
In this case, the cash flow is 100 per year, and the interest rate is 8% per year.
Present Value =100 / 0.08
Present Value = 1,250
Therefore, the present value of a perpetuity of 100 per year, with the first payment received one year from now and an interest rate of 8% per year, is 1,250.
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Explain the limitations of statistics
Answers
One way newspapers are classified is by structures of advertising agencies. type of advertisers. frequency of delivery. subscription rates. closing date.
Answers
Answer:
One way newspapers are classified is by:
frequency of delivery.
Explanation:
Newspapers are classified into morning and evening dailies, weeklies, etc. Some newspapers are delivered only in the morning while others are delivered in the evening. Others may be delivered weekly, bi-monthly, monthly, etc. These frequencies of delivery determine the classification of the newspaper. A newspaper that is delivered daily is known as a daily newspaper while the other delivered weekly is called a weekly newspaper, and so on.
Sydnee would like a chart to appear once in her report, but she is having trouble making this occur. She does not understand why the chart is showing multiple times in the report. What is most likely causing the problem?
The chart is placed in the header and footer of a database.
The chart is placed in the field of a database.
The chart is placed in a database with one group.
The chart is placed in a database with five groups.
Answers
Answer:
The chart is placed in a database with five groups.
Hope this helped.
Hall, a divorced person and custodian of her 12-year-old child, filed her 2021 federal income tax return as head of a household. She submitted the following information to the CPA who prepared her 2021 return: The divorce agreement, executed in 2016, provides for Hall to receive $3,000 per month, of which $600 is designated as child support. After the child reaches 18, the monthly payments are to be reduced to $2,400 and are to continue until remarriage or death. However, for the year 2021, Hall received a total of only $5,000 from her former husband. Hall paid an attorney $2,000 in 2021 in a suit to collect the alimony owed. In June 2017, Hall's mother gifted her 100 shares of a listed stock. The donor's basis for this stock, which she bought in 1985, was $4,000, and market value on the date of the gift was $3,000. Hall sold her stock in July 2017 for $3,500. The donor paid no gift tax.During 2017, Hall spent a total of $1,000 for state lottery tickets. Her lottery winnings in 2017 totaled $200.Hall earned a salary of $25,000 in 2017. Hall was not covered by any type of retirement plan, but contributed $2,000 to an IRA in 2017.In 2017, Hall sold an antique that she bought in 1995 to display in her home. Hall paid $800 for the antique and sold it for $1,400, using the proceeds to pay a court‐ordered judgment.Hall paid the following expenses in 2017 pertaining to the home that she owns: realty taxes, $3,400; mortgage interest, $7,000; casualty insurance, $490; assessment by city for construction of a sewer system, $910; interest of $1,000 on a personal, unsecured bank loan, the proceeds of which were used for home improvements. Hall does not rent out any portion of the home. Hall's $2,000 contribution to an IRA should be treated as
a. A deduction from adjusted gross income not subject to the 2% of adjusted gross income floor.
b. A deduction from adjusted gross income subject to the 2% of adjusted gross income floor.
c. An adjustment to income in arriving at adjusted gross income.
d. Non-deductible, with the interest income on the $2,000 to be deferred until withdrawal.
Answers
The $2000 contribution to an IRA should be treated as an An adjustment to income in arriving at adjusted gross income.
The reason Hall has to go with this option
The individuals that are not in a retirement plan of a company have the option of deducting their cash contributions to their own retirement accounts.
They are able to do this given that the money is 6000 dollars or a hundred percent of their gross income.
Taxes are not paid on interest in this type of account till the earnings from the retirement plan is distributed.
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describe some potential benefits to an mnc as a result of direct foreign investment (dfi). elaborate on each type of benefit. which motives for dfi do you think encouraged nike to expand its footwear production in latin america?
Answers
There are several potential benefits that a multinational corporation (MNC) can gain as a result of direct foreign investment (DFI): Access to new markets, Access to new resources, Cost advantages, Political stability, Learning opportunities.
How does the DFI help MNCs?Access to new markets: By investing in a foreign country, an MNC can gain access to new customers and expand its customer base. This can also help the company to diversify its revenue streams and reduce its dependence on domestic markets.
Access to new resources: DFI can give an MNC access to new resources such as raw materials, labor, and technology that may not be available in its domestic market.
Cost advantages: Investing in a foreign country can help an MNC to take advantage of lower costs of production, such as lower labor costs or lower taxes.
Political stability: DFI can provide an MNC with a stable and predictable political and economic environment, which can help to reduce risks associated with doing business in a foreign country.
Learning opportunities: DFI can provide an MNC with opportunities to learn about new cultures, technologies, and business practices that can be used to improve its operations.
It is likely that Nike expanded its footwear production in Latin America to take advantage of lower labor costs and to access new markets in the region. Other motives could have been to diversify their supply chain or access to specific raw materials.
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Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.They lose money on their investments and savings. c.They are at a disadvantage when paying back borrowed money. d.They struggle when they are on a fixed income.
Answers
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
ROI stands for return on investment. It is the ratio of incremental profit from an activity over the cost of the activity times 100. If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, what is the ROI?
Answers
Answer:
66.7%
Explanation:
ROI stands for return on investment. It is the ratio of incremental profit from an activity over the cost of the activity times 100. If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, the ROI is 66%.
What is return on investment?The return on investment estimates the loss and gain generated on the amount of money that is invested. The return on investment) is the percentage to analyze an organization’s profit or the earnings of different investment.
The return on investments estimates what we will receive back as compared to what we have invested. It can be used by a company to estimate inventory investments, pricing policy, capital equipment investments, etc.
If the incremental profit from your ad campaign is $5,000 and the cost of the campaign is $7,500, the ROI is 66%.
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under the texas constitution, the power to tax resides with
Answers
A authority to levy and collect taxes was granted to Congress by the Constitution.
A government's capacity to levy and collect taxes is known as its taxing authority. In addition to being able to levy and collect taxes, imposts, excise taxes, and tonnage fees, Congress also has the authority to borrow money against the government's assets to pay off debts, fund the nation's common defence, and promote overall prosperity. All other forms of governmental action are made feasible by taxes, or more specifically, the money they generate. The power of the purse—the authority to levy taxes and spend public funds—is granted to Congress, and especially the House of Representatives.
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Project manager Anna is working with her team on risk management. Match the components of risk management with what each component involves.
includes risk identification
includes impacts of risks and
responses
Includes action for minimizing risks
Includes risk monitoring
includes analysis of consequences
includes prioritization of measures
Answers
These management of risk serves as assessment and controlling of threats to an organization's capital and earnings.
What is risk management?This management entails the identifiying, analyszing and responding to risk factors that form part of the life of a business.
The risk identification in risk management includes documenting and communicating of concern of threats.The impacts of risks & responses in risk management includes efforts to assess the consequences of an existing risk.The action for minimizing risks inculudes use of insurance to minimize loss occuring from a risk.The action of risk monitoring tracks and evaluates the levels of risk in an organisation.In conclusion, the risk management is an essential part for an a project management because a managed risks will significantly increase the likelihood of project success.
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Answer:
includes risk identification- Risk Evaluation
includes impacts of risks and responses- Risk Control
Includes action for minimizing risks- Risk Control
Includes risk monitoring- Risk Evaluation
includes analysis of consequences- Risk Evaluation
includes prioritization of measures- Risk Control
Explanation:
Which one of the following is not part of the five broad categories of criminal acts?
a. Violent crime
b. Property crime
c. Public order crime
d. Petty crime
e. White-collar crime
f. Organized crime
Answers
d. Petty crime is not part of the five broad categories of criminal acts.
A tiny crime is a minor legal infraction. In certain contexts, the term is used as a synonym for a misdemeanor, whilst in others, tiny crimes represent a distinct category of charges. A tiny crime can relate to both criminal offenses and civil infractions in either case. Public intoxication, jaywalking, and pickpocketing are all examples of small crimes. Many legal systems acknowledge only two kinds of criminal offenses. There are large offenses, which are known as felonies, and small offenses, which are known as misdemeanors.
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A 2-column table has 9 rows. The first column is labeled monthly expenses with entries rent, utilities phone internet, groceries, entertainment, renters insurance, car/insurance/gas, discretionary spending, total expenditures, net savings. The second column is labeled amount budgeted with entries 600, 230, 300, 50, 20, 475, 75, 1,850, 100 dollars. You have decided to set a new goal of saving at least $4,500 over the course of the next year. You already have $900 saved. By how much would you need to increase your monthly net savings in order to meet this goal? $100 $150 $200 $250
Answers
Answer:
200
Explanation:
right on edge
Based on your current level of saving, you need to increase your monthly net saving by $200 to meet your target.
Amount that you need to save next year.You have already saved $900 and you want to get to $4,500. The amount left is:
= 4,500 - 900
= $3,600
Monthly savingsTo get to $3,600, you need to save:
= 3,600 / 12 months
= $300
What should you increase your net saving by?You currently save $100 so you need to increase by:
= 300 - 100
= $200
In conclusion, you need to increase savings by $200.
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This tectonic plate pushes against the Eurasian plate to form the Alps and other geographical features
Answers
Answer:
African
Explanation:
The controller of Hall Industries has collected the following monthly expense data for use in analyzing the cost behavior of maintenance costs.
Month
Total
Maintenance Costs
Total
Machine Hours
January $2,661 3,528
February 3,024 4,032
March 3,629 6,048
April 4,536 7,963
May 3,226 5,040
June 4,657 8,064
Determine the variable-cost components using the high-low method. (Round variable cost to 2 decimal places e.g. 12.25.)
Variable cost per machine hour $ ___
eTextbook and Media
Determine the fixed cost components using the high-low method. (Round answer to 0 decimal places e.g. 2,520.)
Fixed costs $ ___
Answers
Using the high-low method, the variable cost per machine hour is $0.44 and the fixed cost is $1,110.76.
The high-low method is a technique used to separate mixed costs into their fixed and variable components. To determine the variable cost component, the total change in cost is divided by the total change in the level of activity between the highest and lowest levels. In this case, the highest level of activity is June with 8,064 machine hours and a maintenance cost of $4,657, and the lowest level of activity is January with 3,528 machine hours and a maintenance cost of $2,661.
The total change in cost is $4,657 - $2,661 = $1,996, and the total change in activity is 8,064 - 3,528 = 4,536 machine hours. Therefore, the variable cost per machine hour is $1,996 / 4,536 = $0.44.
To determine the fixed cost component, the total variable cost is subtracted from the total cost at either the highest or lowest level of activity. Using the data from June, the total cost at that level is $4,657 and the total variable cost is $0.44 per machine hour x 8,064 machine hours = $3,546.24.
Therefore, the fixed cost component is $4,657 - $3,546.24 = $1,110.76.
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Cathy Company manufactures and sells sweaters. Last year, Cathy operated at 100% of capacity and had the following cost formula for total manufacturing costs: Y = $50,000+ $500X Assuming no change in cost structure, what would Cathy's cost formula have been last year if they only operated at 95% of production capacity? a.Y = $50,000+ $400X
b.Y = $47,500+ $475X
c.Y = $50,000+ $475X d.Y = $50,000+ $500X e.Y =$47,500 + $500X
Answers
Therefore, the correct option is option c) Y = $50,000 + $475X.
The given cost formula is Y = $50,000 + $500X, where Y is the total manufacturing cost and X is the level of production.
If Cathy Company operated at 100% of capacity, then X = 1. Using this value in the given cost formula, we get:
Y = $50,000 + $500(1)
Y = $50,500
So, the total manufacturing cost for Cathy last year was $50,500.
If Cathy had operated at only 95% of capacity, then X = 0.95. To find the new cost formula, we need to calculate the new value of Y. We can use the following formula to do this:
Y2 = Y1 / X2
where Y1 is the total manufacturing cost at 100% capacity, X2 is the new level of production (in this case, 0.95), and Y2 is the new total manufacturing cost.
Substituting the values, we get:
Y2 = $50,500 / 0.95
Y2 = $53,158.22 (rounded to the nearest cent)
So, the new cost formula would be:
Y = $53,158.22 + ($500X × 0.95)
Y = $50,000 + $475X
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How to find out if your income tax refund will be garnished?
Answers
Your refund will likely be taken by the BFS if you're past due on any of the aforementioned payments. After filing your taxes, you'll also get a notice.
How can I tell if my return will be withheld?The organization you owe money to must write to you 60 days after you have an unpaid debt before sending it to the TOP. Information about how to make payments will be included in the letter.
Can the government keep a portion of your tax refund?If you owe federal or state government organizations past-due money, the U.S. government may take your tax refund as payment. The TOP assists these organizations in recovering their debts by withholding funds from a federal payment to pay the debt.
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According to the text, during much of the Cold War period, most writing on the subject was dominated by the idea of __________, which was largely defined in __________ terms.
a. internal security . . . gendered
b. national security . . . militarized
c. state security . . . domestic political
d. international security . . . economic
Answers
“The needs of a society conflict with the goals of the financial services industry’s desire to make a profit.” Do you agree or disagree?
Answers
Answer:
I do not agree that "the needs of a society conflict with the goals of the financial services industry's desire to make a profit", but on the contrary, I consider that the economic objectives of the financial system contribute to the well-being of the individuals that make up society, with which they satisfy the needs of this in an indirect way.
I believe this because the financial system, through its will to profit, creates jobs and economic opportunities for individuals, who would otherwise be forced to meet their needs without the help of a system designed to profit as a result of work done (such as communism).
which of the following would an economist classify as capital? A) a $100 traveler’s check B) a new deposit of natural gas C) a government savings bond D) a police car
Answers
Answer:A
Explanation:
How to tell someone you like them? (over text maybe)
Answers
Answer: Well just be yourself and tell that person how you feel doesn't matter if it's over text message or any other social media. What counts is that you be your self.
Explanation:
sam borrows money at 8% per year for 2 years. he paid $124 interest. how much did he borrow? group of answer choices a.
Answers
Based on the amount of interest that Sam paid, the amount that he borrowed can be found to be $775
What amount did Sam borrow?The $124 that Sam pays for interest represents 8% in two years since he borrowed the money.
This means that the amount per year is:
= 124 / 2
= $62
$62 is 8% of the value that Sam borrowed.
That amount is:
= 62 / 0.08
= $775
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a magazine or newsletter that focuses on a specific industry; also called trade journal
Answers
A periodical that focuses on news, trends, and problems in a certain industry or trade association is known as a trade journal or trade magazine.
What is a trade journal?In-depth information on trends, new products, and other subjects of interest to persons working in that business is provided by trade journals, which are publications with a certain industry as their focus.
An industry-specific journal or magazine is referred to as a trade publication.
To avoid making the same mistakes again, keep a trading journal. That will eventually enable you to cut down on your losses and concentrate on the parts of your trading plan that are most likely to yield profits.
The entire history of your trading is documented in a trading notebook. Your trading results should be accurately recorded since they help you evaluate the overall success of your trading decisions and the efficacy of your approach.
A trading notebook can help you become a more effective trader by keeping track of your trades and trading development by studying where you do well and where you perform poorly. In this manner, you can concentrate on your strengths and determine your areas for improvement.
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Consider a stock, with a required return of 10% that paid a dividend of $2 per share last year and the dividend is expected to grow at a rate of 5% per year for the next 10 years then remain constant thereafter. What will the value of the stock be at the end of year 10?
Answers
In summary, the value of the stock at the end of year 10 is $65.40, calculated using the Gordon Growth Model based on the expected dividend growth rate and the required return.
The value of a stock can be determined using the dividend discount model (DDM). In this case, since the dividend is expected to grow at a constant rate, we can use the Gordon Growth Model.
Step 1: Calculate the expected dividend at the end of year 10.
We know that the dividend is currently $2 per share, and it is expected to grow at a rate of 5% per year for the next 10 years.
Using this information, we can calculate the expected dividend at the end of year 10.
Year 1 dividend = $2 * (1 + 0.05)^1 = $2.10
Year 2 dividend = $2 * (1 + 0.05)^2 = $2.21
...
Year 10 dividend = $2 * (1 + 0.05)^10 = $3.27
Step 2: Calculate the value of the stock at the end of year 10 using the Gordon Growth Model.
The Gordon Growth Model formula is:
Stock value = Dividend at year 11 / (Required return - Dividend growth rate)
Given that the required return is 10% and the dividend growth rate is 5%, we can calculate the stock value at the end of year 10.
Stock value = $3.27 / (0.10 - 0.05) = $3.27 / 0.05 = $65.40
Therefore, the value of the stock at the end of year 10 is $65.40.
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A $100,000 house insured on a policy with an 80% coinsurance requirement has a fire that caused $40,000 of damage; the owner has a policy with $60,000 coverage. How much can the owner collect for his loss?
Answers
Assuming the owner has a policy with $60,000 coverage. The amount that the owner collect for his loss is $30,000.
Policy coverageIn order for the total amount of a partial loss to be paid the house must be insured for at least 80 percent of its value on the date in which the loss ocur.
And since house has a policy coverage of the amount of $60,000. Based on this the minimum requirement is 75 percent which mean that the policy will pay only 75 percent of the loss or $30,000.
Inconclusion the amount that the owner collect for his loss is $30,000.
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what are the stages of the decision-making process?
Answers
Answer:
Step 1: Identify the decision. You realize that you need to make a decision.
Step 2: Gather relevant information.
Step 3: Identify the alternatives.
Step 4: Weigh the evidence.
Step 5: Choose among alternatives.
Step 6: Take action.
Step 7: Review your decision & its consequences.
Explanation:
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