The game of Chicken can be represented in a matrix form called a payoff matrix, where the rows represent the strategy of one player and the columns represent the strategy of the other player.
The entries in the matrix represent the payoffs to each player for each possible combination of strategies. To find the pure strategy equilibria of the game, we need to identify the strategies for each player that are best responses to the other player's strategy. A strategy is a best response if it yields the highest possible payoff given the other player's strategy.
Starting with player 1 (the row player), we can see that if player 2 chooses Swerve, player 1's best response is to choose Drive Straight (which gives a payoff of 432). If player 2 chooses Drive Straight, player 1's best response is to choose Swerve (which gives a payoff of 0). Therefore, player 1 has a pure strategy equilibrium at (Drive Straight, Swerve).
Learn more about strategies here:
https://brainly.com/question/15860574
#SPJ11
QUESTION: Two players are engaged in a game of Chicken. There are two possible strategies, Swerve and Drive Straight. A player who chooses to Swerve is called Chicken and gets a payoff of zero, regardless of what the other player does. A player who chooses to Drive Straight gets a payoff of 32 if the other player swerves and a payoff of 48 if the other player also chooses to Drive Straight. This game has two pure strategy equilibria and- a. a mixed strategy equilibrium in which each player swerves with probability 60 and drives straight with probability 40. b. two mixed strategies in which players alternate between swerving and driving straight.. c.. a mixed strategy equilibrium in which one player swerves with probability.60 and the other swerves with probability 40. d. a mixed strategy in which each player swerves with probability 30 and drives straight with probability .70. . e.. no mixed strategies..
Da Silva and Ehlers are partners in a Green Hydrogen business named DaEh. They specialise in the consultancies and research services, wherby they advise governments on the African continent. Da Silva and Ehlers share profits and losses in the ratio 3:2 according to their partnership agreement. The following Trial Balance was extracted from the financial records of the partnership 31 December 2017: Fischer is a specialist in the green energy industry. Due to the prospects of business growth Da Silva and Ehlers decided to admit Fischer as from 01 January 2018 as a partner under the following terms and conditions: • Fischer will receive 1/5 of the profits and losses. • Da Silva and Ehlers will contribute in the ratio 2:1 towards Fischer’s 1/5 profit share. • Fischer must pay N$ 180 0000 for her 1/5 share in the partnership’s assets. • The assets of the partnership were re-valued on 01 January 2018 and the revaluation account revealed a surplus of N$ 60 000. • The new partnership states inter alia: ▪ The partners will not make use of current accounts anymore; therefore all current accounts must be closed off to their capital accounts. ▪ The accounting records will not show any good will. DR CR Capital- Da Silva 381 000 Capital - Ehlers 234 000 Current account- Da Silva 90 000 Current account- Ehlers 60 000 Bank 90 000 FACULTY OF COMMERCE, MANAGEMENT AND LAW Page 11 of 25 You are required to: 1.1 Calculate the new profit sharing ratio after the admission of Fischer. (6 marks
The new profit sharing ratio after the admission of Fischer is 14:8:3 for Da Silva, Ehlers, and Fischer, respectively.
The new profit sharing ratio after the admission of Fischer can be calculated as follows:
1. First, we need to determine the total profit sharing ratio before Fischer's admission. This is 3:2 for Da Silva and Ehlers, respectively.
2. Next, we need to determine Fischer's profit sharing ratio. According to the terms and conditions, Fischer will receive 1/5 of the profits and losses.
3. We also need to take into account that Da Silva and Ehlers will contribute in the ratio 2:1 towards Fischer's 1/5 profit share. This means that Da Silva will contribute 2/3 of Fischer's 1/5 profit share, and Ehlers will contribute 1/3 of Fischer's 1/5 profit share.
4. To calculate the new profit sharing ratio, we need to subtract Fischer's profit share from Da Silva and Ehlers' profit shares, and then add their contributions to Fischer's profit share.
5. Da Silva's new profit share = 3 - (2/3 * 1/5) = 14/15
6. Ehlers' new profit share = 2 - (1/3 * 1/5) = 8/15
7. Fischer's new profit share = 1/5
8. Therefore, the new profit sharing ratio after the admission of Fischer is 14:8:3 for Da Silva, Ehlers, and Fischer, respectively.
9. This can be simplified to 14/25:8/25:3/25, or 14:8:3.
For such more question on ratio:
https://brainly.com/question/28273970
#SPJ11
what is office proceducer and accouting
The administrative department handles management activities that affect the entire organization. The accounting department keeps the financial records of the business and prepares reports that help the business to make financial decisions.
Hope it helps...In general, a clause in a real estate contract entitling the seller to retain the purchaser's downpayment as liquidated damages if the purchaser fails to close the transaction, is enforceable: True/False
The given statement-''In general, a clause in a real estate contract entitling the seller to retain the purchaser's downpayment as liquidated damages if the purchaser fails to close the transaction, is enforceable'' is True.
Liquidated damages are predetermined amounts agreed upon by the parties in the contract that serve as compensation in the event of a breach.
The enforceability of such a clause may vary based on jurisdiction and specific circumstances, as there may be legal requirements and limitations on liquidated damages provisions.
However, in many jurisdictions, if the liquidated damages clause is reasonable and represents a genuine estimate of the seller's potential losses due to the purchaser's default, courts are likely to uphold its enforceability.
To know more about real estate refer to-
https://brainly.com/question/29124410
#SPJ11
Why does demand rise when house prices increase? (Macroeconomics)
Answer: If house prices rise, then the wealth effect is likely to cause an increase in consumer spending. This will cause higher Aggregate Demand (AD), and it is likely to cause an increase in Real GDP and a higher rate of economic growth.
Explanation:
Provide a response to the statement, "it is essential for an organisation to have a charismatic CEO (or organisation head)". You should utilise theory and ideas introduced in Northouse, P.G. (2021) Leadership: Theory and Practice. 9th Edition, London: Sage. Chapter 5 Situational Approach, Chapter 6: Path-Goal Theory and Chapter 8: Transformational Leadership and relevant academic literature, and support your argument with at least one real-world example.
Could you please include your references for the answer
One real-world example of a charismatic CEO is Elon Musk. His visionary leadership style and ability to inspire and motivate employees have been instrumental in the success of Tesla and SpaceX.
In the book "Leadership: Theory and Practice" by Northouse, several theories are discussed that can inform our understanding of the importance of having a charismatic CEO or organizational head.
According to the situational approach (Chapter 5), leadership effectiveness depends on the leader's ability to adapt their style to the needs of the situation and the followers. A charismatic CEO can inspire and motivate employees, creating a positive work environment that enhances performance.
The path-goal theory (Chapter 6) suggests that leaders can clarify goals, provide support, and remove obstacles to enhance employee satisfaction and performance. A charismatic CEO can effectively communicate the organization's vision, guide employees towards the goals, and provide support along the way.
Additionally, transformational leadership (Chapter 8) emphasizes inspiring and motivating followers to exceed expectations. A charismatic CEO can embody the characteristics of a transformational leader, fostering innovation, and driving organizational change.
One real-world example of a charismatic CEO is Elon Musk. His visionary leadership style and ability to inspire and motivate employees have been instrumental in the success of Tesla and SpaceX.
In conclusion, having a charismatic CEO can be essential for an organization as it can inspire and motivate employees, clarify goals, provide support, and foster innovation. However, it is important to note that different leadership styles can be effective depending on the situation and the characteristics of the followers.
References:
Northouse, P.G. (2021). Leadership: Theory and Practice. 9th Edition, London: Sage.
Learn more about leadership from the following link:
https://brainly.com/question/25996547
#SPJ11
prime factorization of 1624
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing
Answer:
franchising marketing
A loan to a company or government that pays investors a fixed rate of truth over a specific timeframe is known as:
1. 401k
2. Tax shelter account
3. Stocks
or 4. Bonds
Answer:
4. Bonds
Explanation:
Bonds are debt instruments used by corporates and governments to raise capital. Bonds are long-term sources of capital for a business and government and also an investment option to investors.
When the government or corporate issues bonds, they promise to pay the principal amount when the bond matures. Maturity ranges from 5 to 30 years. The bond issuer also commits to pay interest on regular intervals until the bonds mature. The interest to be paid is based on the coupon rate or interest rate as specified by the bond.
according to keynes, the level of economic activity is predominantly determined by the level of
Answer:
Aggregate demand
Explanation:
I hope this helps.
PLEASE HELP
Match each profession with its usual work environment.
1. Solar photovoltaic installer
2. Ironworker
3. Construction manager
4. Cement mason
A.Roof of a building
B.Outdoors at great heights
C.Outdoor job site
D.Field office
Answer:
1.) Solar photovoltaic installer - a. roof of a building
2.) Ironworker - b. outdoors at great heights
3.) Construction manager - d. field office
4.) Cement Mason - c. outdoor job site
Explanation:
please correct me if I'm wrong
1. Identify and describe the qualities that would make a great manager. What makes them great? 2. Identify and describe the qualities of an ineffective manager. 3. Identify 3 of your strengths and areas for improvement and brainstorm potential career paths that may match up well with your qualities
1. Qualities that make a great manager: A great manager is someone who knows how to get the most out of their employees and to make them feel valued. They also know how to set goals that are achievable and how to motivate their team to reach those goals.
Some of the qualities that make a great manager are leadership, communication skills, motivation, creativity, problem-solving skills, and the ability to delegate. A great manager also has a deep understanding of the business and the industry they work in and is able to make informed decisions. They are also able to build strong relationships with their employees and clients, which is essential for long-term Three of my strengths are creativity, problem-solving skills, and a positive attitude. These fields require creativity, problem-solving skills, and a positive attitude, but also offer opportunities to develop public speaking, time management, and networking skills. Other potential career paths might include entrepreneurship, management consulting, or leadership roles in non-profits.
To know more about opportunities visit:
https://brainly.com/question/14664927
#SPJ11
Can anyone help me think of an advertisement for a product I’m selling which is a drone.
Regardless of the variety of options available, all forms of advertising share two objectives: to influence customers so that they become leads or customers.
How to Influence Customers?
Consumer behavior is influenced by four psychological factors: attitude or set of beliefs, perception, learning, and motivation. Behaving in a manner that offers others the opportunity to change (their behavior, attitudes, thoughts, and ways) and/or accommodate your own wishes is one aspect of influencing skills. However, it is important to recognize that others may be unable to, unwilling to, or unprepared to respond to our request to be influenced. Human behavior is influenced by a variety of factors and characteristics. These are distinctions that are unique to the person with whom you are collaborating. Personality traits.
These are things that affect how a person interacts with other people. Institutional elements. Factors that affect the community and Public policy.
To know more about Influence Customers, visit:
https://brainly.com/question/28101484
#SPJ1
Which statement describes the relationship between risk and returns?
a) higher risks often leads to lower potential returns.
b) higher riskes often leads to higher potential returns.
c) lower risks often leads to higher potential returns.
d) moderate risks often leads to highest potential returns.
Answer:
B) higher riskes often leads to higher potential returns.
Explanation:
Eduardo would like to find a job in the Marketing pathway of the Business, Management, and Administration career cluster. He attended his local community college and earned his associate’s degree. Which career choice is available to Eduardo given his highest level of education?
Advertising Manager
Sales Representative
Sales Manager
Marketing Manager
Answer:
B
Explanation:
On Edge
Answer:
B
Explanation:
no one cares about cheating
Independent regulatory agencies, which are created to regulate a specific economic activity or public interest of great importance, are considered independent because
Independent regulatory agencies are considered independent because they are separate from the executive branch of government and have a certain level of autonomy in their decision-making processes.
This independence allows them to regulate a specific economic activity or public interest of great importance without being subject to undue political influence or pressure.
These agencies are typically created by legislation and are granted powers and authority to enforce regulations and oversee compliance in their respective areas.
Their independence helps to ensure that they can act objectively and impartially in their regulatory roles, promoting fair competition, protecting consumers, and safeguarding public interests.
learn more about Independent regulatory agencies on :
https://brainly.com/question/1807841
#SPJ11
Independent regulatory agencies are considered independent because they are separate from the executive branch of government and have a certain level of autonomy in their decision-making processes.
This independence allows them to regulate a specific economic activity or public interest of great importance without being subject to undue political influence or pressure.
These agencies are typically created by legislation and are granted powers and authority to enforce regulations and oversee compliance in their respective areas.
Their independence helps to ensure that they can act objectively and impartially in their regulatory roles, promoting fair competition, protecting consumers, and safeguarding public interests.
learn more about Independent regulatory agencies on :
brainly.com/question/1807841
#SPJ11
what term refers to extra markup to the schedule of values (sov) items completed early in the project?
Front-loading refers to extra markup to the schedule of values (sov) items completed early in the project.
Contractors will front load in an effort to counteract any negative effects on cash flow. This might be as a result of aggressive retention policies, making up for upfront material and mobilization costs, or lowering the risk of a slow-paying client.
The construction sector relies heavily on borrowing. In other words, services are typically paid for long after they have been truly done. By charging a little bit more up front, you can make enough money to last through the (often long) period between payments.
Front-loading a job by a contractor or subcontractor isn't inherently unethical or even bad taste if done within limits. However, purposely overbilling clients or charging for services not yet rendered is a surefire way to end relationships and potentially get you in legal trouble.
To know more about frontloading:
https://brainly.com/question/14199660
#SPJ4
“Creditors do not actually have to worry about their dues in case the business fails.” In which form of business is this possible? Which special feature is highlighted in this statement ?
Answer:
sole proprietorship
Explanation:
In simple words, Unique property could be described as a business framework controlled and run by a single individual, therefore there is no separate legal entity and his corporation. It is a form of basic business framework, which is usually used for individuals who start up some sort of corporation.
This is therefore the greatest suitable form of business for the statement of the problem, because in this framework there is really only one proprietor in the corporation who ensures his ultimate responsibility with all earnings, debt obligations and failures underlying in the commercial enterprise.
The average national utility price is $270. 48. Over a 6-month period, what is the average utility price in Dallas? How does this compare with the national average?.
Utility Costs conveys utility and home energy costs incidental to the residency of rental place.
What utility price?
The average national utility price is $270.48 Over a 6-month period, then the average utility price in Dallas will be $326 which is Higher than the national average.
The average rate of Dallas are always higher than the national utility price. Amusement in the cities and daily utilization from families in higher economic set brought to this number.
The cost of living in particular state is higher than national average rate because of the boom cycle.
Learn more about Utility cost, refer to the link:
https://brainly.com/question/8212077
Answer:
it’s B
Explanation:
Which person appears to be polychronistic?
Ali invited a fellow classmate, Shari, to dinner. She arrived at the restaurant at precisely 7:00p.m., the agreed time. Ali arrived a half-hour later and explained that he had to wrap up a 7:00p.m. appointment with his professor.
A.Shari
B.Ali
Answer:
Ali is polychronistic because he didnt arrive on time.
shari belongs to monochronic culture because she values time.
Explanation:
Suppose that S=$1.1045/6. The annualized risk-free interest rates are 6% and 3% in the U.S and Germany, respectively. The inflation rate in the US is 2.5%. Find the exact expected exchange rate for the euro in one year. Do not write any symbol. Make sure to round your answers to the nearest 10000 th decimal points. For example, write 1.2345 for $1.2345/ϵ.
The expected exchange rate for the euro in one year is approximately $1.1640/€
The following elements must be taken into account in order to determine the precise anticipated euro exchange rate in one year: the difference between the spot exchange rate, interest rates, and inflation rates.
Given:
The spot exchange rate (S) is $1.1045/€, the risk-free interest rate (rUS) in the United States is 6%, the risk-free interest rate (rDE) in Germany is 3%, and the inflation rate (iUS) in the United States is 2.5%. First, let's figure out the difference in interest rates between the United States and Germany:
The difference in interest rates (IRD) is equal to rUS - rDE, or 6% - 3%, or 3%. Now, let's figure out the difference in inflation rates between the United States and Germany:
The inflation rate differential (IRD) is as follows: iUS - 0 = 2.5% - 0 = 2.5% Now, let's use the following formula to determine the anticipated exchange rate:
Expected exchange rate = S [(1 + rUS) / (1 + rDE)] Expected exchange rate = $1.1045/€ [(1 + 6%) / (1 + 3%)] Expected exchange rate = $1.1045/€ [(1 + 2.5%) / (1 + 0)] Expected exchange rate = $1.1045/€ [1.06 / 1.03] Expected exchange rate = $1.1045/€ 1.025 Expecte
To know more about Exchange visit
brainly.com/question/10187894
#SPJ11
Define and differentiate between the average tax rate, and the marginal tax rate. How does a tax credit differ from an itemized deduction? Explain how the following are used in filing a tax return: (a) Form 1040, (b) various schedules that accompany Form 1040, and (c) tax rate schedules.
The entire amount of taxes due divided by the taxable income yields the average tax rate (or tax base). The tax rate that is applied to the final dollar of taxable income (or, more precisely, the dollar after that) is known as the marginal tax rate.
What distinguishes marginal tax rates from average tax rates?
Although marginal tax rates gauge how taxes affect incentives to earn, save, invest, or spend money, average tax rates gauge tax burden. The sum of all taxes paid divided by total income represents the average tax rate. The entire amount of taxes due divided by the ’s taxable yields the average tax rate (or tax base). The tax rate that is applied to the final dollar of taxable income (or, more precisely, the dollar after that) is known as the marginal tax rate. The "effective" rate of taxation is another phrase that is commonly used. This relates to the idea that if earnings rise, additional allowances will be reduced, resulting in a higher tax burden on taxpayer earnings.
To Know more about Marginal tax rate Visit:
brainly.com/question/12395856
#SPJ1
Items that regularly appear on the financial statements of Maple Park Theatres Corp. The amounts shown for balance sheet items are balances as of September 30,2016
Answer:
Financial Statements are the reports of a company which provide detailed information about company financial position. The Income statement reports the company revenues and expense for the period whereas Balance sheet reports the company assets and liabilities position.
Explanation:
The Maple Park Theaters Corp. has reported the net of $133,562 in its income statement. The company has planned for reinvesting the 80% of net income into the extension of park. The reinvestment decision is taken by the company management for the purpose of increase revenue. The decision seems to be correct as extension of park and its services will attract more people to the park and ultimately revenue will increase and so profit too.
What does good customer service include?
Answer:
Before entering an interview for a customer service job, get a handle on what good customer service means to you. Good customer service typically means providing timely, attentive, upbeat service to a customer, and making sure their needs are met in a manner that reflects positively on the company or business. Explanation: it is
Answer:
Great customer service means following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable and resourceful resources, but that you also take things a step further to exceed — rather than just meet — expectations.
Explanation:my mom works for customerservice
Alicia took out a loan through her bank to pay for her son's college. Which loan type does this describe?
Federal loan
Private loan
Subsidized loan
Alicia has taken a federal loan through her bank to pay for her son's college.
A federal loan is a loan that allows a student or a parent to borrow money directly from the government for college purposes. Thus, here, Alicia, as the parent, took a loan to pay for her child's college. Hence it is a federal loan.
Subsidized loans are given by the U.S Department of Education for undergraduate students who are in financial need and need to pay for the tuition fees of their school or college. In the given question, we do not know if Alicia's son is an undergraduate student or not. Thus we cannot be sure about a subsidized loan.
Private loans are loans taken by people to invest in their businesses or factory. Thus, it will not be the answer.
To learn more about the types of loans,
https://brainly.com/question/11794123
https://brainly.com/question/1285885
#SPJ1
Answer:
a) Federal loan
Explanation:
Alicia took out a federal loan through her bank to pay for her son's college. These loans are funded by the federal government. Hence, option (a) is the correct answer.
a construction project is expected to take two-and-a-half years to complete. partial billings is less than construction in progress. the two accounts are reported together on the balance sheet in the a. current assets section. b. long-term liabilities section. c. current liabilities section. d. long-term assets section.
The correct answer is d. long-term assets section.Construction in progress (CIP) is a long-term asset account that represents the cost of construction work that is in progress but not yet completed.
Partial billings, also known as progress billings, are the amounts billed to the customer based on the work completed to date. These billings are recorded as a current asset until they are collected.Since both CIP and partial billings are related to the same construction project and are expected to be realized in the long-term, they are reported together as a long-term asset in the balance sheet.It seems like you mentioned "Billings" without any further context or question. If you have a specific inquiry or topic related to Billings, Montana, or anything else, please let me know, and I'll be happy to assist.
To know more about balance visit :
https://brainly.com/question/27154367
#SPJ11
Briefly state any FOUR importance of business plan
1. Strategic Roadmap: A business plan provides a strategic roadmap, outlining the company's goals and direction.
2. Financial Planning: A business plan helps analyze projected revenue, expenses, and cash flow.
3. Decision Making: A business plan supports informed decision making by evaluating strategies, market conditions, and risks.
4. Communication and Alignment: A business plan serves as a communication tool, aligning the team and conveying the company's vision and potential to stakeholders.
The business plan acts as a blueprint for the company's future, defining its purpose, target market, and strategies to achieve objectives.
Financial analysis in the business plan aids in determining funding requirements, assessing risks, and ensuring the company's financial health and sustainability.
The documented plan enables well-informed decisions, minimizing risks and increasing the likelihood of success.
Internally, the plan fosters unity and guides employees. Externally, it communicates the company's vision, potential, and value proposition, building trust and supporting growth.
learn more about business plan here:
https://brainly.com/question/33001686
#SPJ11
If a mutual fund trust with 500,000 units outstanding earns $100,000 in investment income, how much investment income will be paid to a unit-holder with 200 units? a)$4,000.00
b)$40.00
c)$0.00
d)$400.00
The investment income to be paid to a unit-holder with 200 units is B) $40.00.
Calculate the investment incomeGiven,The total units outstanding = 500,000
The investment income earned = $100,000
We are to calculate the investment income to be paid to a unit-holder with 200 units.
So, we will use the formula to calculate investment income for one unit holder = Investment income earned / Number of units outstanding= $100,000 / 500,000= $0.20
Therefore, the investment income for one unit holder is $0.20.
So, the investment income to be paid to a unit-holder with 200 units = Investment income for one unit holder x Number of units held= $0.20 x 200= $<<0.20*200=40.00>>40.00
Therefore, the investment income to be paid to a unit-holder with 200 units is $40.00.
Hence, the correct option is b) $40.00.
Learn more about investment income at
https://brainly.com/question/29547578
#SPJ11
Activity-based costing's primary benefit is that it provides Select one: A. absolutely accurate product costing information. B. data for external financial reporting purposes. C. more precise cost data for internal decision-making purposes. D. all of the above.
Option C. more precise cost data for internal decision-making purposes is correct option. The primary benefit of activity-based costing is that it provides more precise cost data for internal decision-making purposes.
Activity-based costing (ABC) is a costing methodology that assigns costs to specific activities and then allocates them to products or services based on their consumption of those activities. The primary objective of ABC is to provide a more accurate and detailed understanding of the costs involved in producing goods or delivering services. While ABC does not provide absolutely accurate product costing information, as costs are still subject to estimation and allocation, it does offer a more precise and granular view of cost data compared to traditional costing methods.
By identifying and assigning costs to specific activities, ABC enables organizations to understand the true cost drivers of their products or services. This information can then be used for internal decision-making purposes such as pricing, product mix analysis, process improvement, and resource allocation. ABC is primarily focused on providing relevant and reliable cost information for internal decision-making rather than external financial reporting purposes. Therefore, option C is the correct answer, stating that ABC provides more precise cost data for internal decision-making purposes.
Learn more about activity-based costing here: https://brainly.com/question/28903790
#SPJ11
The people who are working for and supporting a company's success are also known as what?
A. Sales leads
B. Prospects
C. Authoritative managers
D. Human resources
Answer:
D. Human resources
Explanation:
Human resource is the term that describes the people who work for an organization, business, or industry. The term human resource describes the employees, workforce, or personnel in a company.
Human resource contributes different skills and talents to a business making it succeed. Anybody who to trade their labor, energy, skills, knowledge, or time for compensation to grow an organization is a human resource. Part-time workers, full-time employees, contractors, and freelancers are all considered human resources in a company.
Answer:
D. Human Resources
Explanation:
Edg2020 quiz
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.