Answer:
False
Explanation:
Wealth is scarce.
Q1) The Lahore Metro Bus is crowded for travel during peak hours. During such travel hours two daily passengers ‘Usman’ and ‘Ibrahim’ enter the Metro. Luckily, two adjacent seats are free in the bus. Each of them must decide whether to sit or stand. For both, sitting alone is more comfortable than sitting next to the other person, which in turn is more comfortable than standing. [16 marks]
(Note: for parts (a) & (b) below consider Usman as ‘row player’ and Ibrahim as ‘column player’).
A) Model the situation as a strategic game, assuming both ‘Usman’ and ‘Ibrahim’ care only about their own comfort. Find the Nash equilibrium (equilibria) if it exists. Also, does a dominant strategy exist for either ‘Usman’ or ‘Ibrahim’
B) Now assume that both ‘Usman’ and ‘Ibrahim’ are altruistic, ranking outcomes according to the other person’s comfort and, out of politeness, prefer to stand than to sit if the other person stands. Model the situation as a strategic game and find any Nash equilibrium (equilibria) if it exists. Does a dominant strategy exist for either ‘Usman’ or ‘Ibrahim’ with these preferences?
Answer:
Each of them must decide whether to sit or stand. For both, sitting alone is more comfortable than sitting next to the other person, which in turn is more comfortable than standing is discussed below in details.
Explanation:
A) In the first position, every one of them makes more profit by resting alone than by resting together, and this is favored over standing. So the payoffs are as provided in the beneath image as (a). Here if one stands and the other sits, at that point the person who relaxes gets a bigger payoff of 4, while the other gets - 2 (Since he is standing which is difficult). If the two of them stand, at that point, the payoff is - 2 for each, and on the off chance that the two of them sit they every one of them gets a payoff of 2 (which is not exactly the payoff if the other individual stands given as 4 above). So Usman stands, Ibrahim will decide to sit, bringing about a payoff of (4,- 2). In any case, if Ibrahim sits, Usman will likewise sit since his payoff is higher by choosing to sit (2>-2). So the only Nash equilibrium is given when both choose to sit, e (Sit, Sit) given by lower right corner of the game getting the payoff of (2,2).
A means of access must be provided to a scaffold platform if there is no existing access within ___ feet of the platform
According to OSHA regulations, a means of access must be provided to a scaffold platform if there is no existing access within 25 feet of the platform. This means that employers are required to provide safe access to all scaffold platforms in order to ensure the safety of their workers.
There are several ways that employers can provide access to scaffold platforms, including stairs, ladders, and ramps. Employers must ensure that these means of access are designed, constructed, and maintained in a safe and secure manner to prevent falls and other accidents.
It is also important for employers to train their workers on the proper use of these means of access, as well as on the hazards associated with working on scaffold platforms. Workers should be instructed to use the access provided, and not to attempt to climb or reach the platform from another location.
By providing safe and secure means of access to scaffold platforms, employers can help to prevent accidents and injuries in the workplace, and ensure the safety of their workers.
To know more about OSHA regulations, refer to the link below:
https://brainly.com/question/2183137#
#SPJ11
Where would you find the Create Table Dialog Box?
Data tab, Get & Transform Data group
Data tab, Outline Command group
Insert tab, Charts gallery
Insert tab, Tables command group
Answer:
d
Explanation:
took the test
Answer:
D.
Explanation:
correct on edge
To _____ is to modify or improve upon code.
propriate
tweak
kernel
debug
what's two examples of a direct competition?
Answer and Explanation:
Direct competition is a type of competition where two or more businesses offers the same kind of product and compete in the similar market.
The examples like dominos versus pizza hut in terms of food, HP versus Dell in terms of laptop
So in this examples they sell the same kind of products and compete each other
Benjamin tells James at a company meeting that James has an unimportant job and still can't do it correctly. Benjamin is being ______. A. Communicative b. Intrepid c. Arrogant d. Humorous Please select the best answer from the choices provided A B C D
Answer:
C. Arrogant
Explanation:
May I have brainliest please? :)
Benjamin is being arrogant in nature when he told about James's job being less important and also that he doesn't do it correctly.
Option C is the correct answer.
What is arrogance?Arrogance is a characteristic of a person who feels to be the most superior one and treats their subordinates as inferior ones. It is a kind of having egoism in oneself.
In the given statement, Benjamin talks negatively about the job of his employee, James right in front of the company's meeting. He says to him that his job is not so important and also states that his incapability for the concerned job. These statements portray the arrogant nature of Benjamin.
Being the employer, he must support his employee in the company's meetings even if his employee is doing any mistakes. He can personally guide him about his weaknesses rather than disgracing him in the meeting.
Therefore, the provided statement shows his arrogant behavior of Benjamin toward his employee James.
Learn more about the arrogance in the related link:
https://brainly.com/question/8048085
#SPJ2
ACTIVITY 2.
Identify and explain briefly the question below
1 What are the 4P's in marketing plan?Explain each
А__________
B__________
С__________
D__________
Answer:
A. Product
B. Price.
C. Place.
D. Promotion.
Explanation:
Marketing plan can be defined as the choices about product attributes, pricing, distribution, and communication strategy that a company blends and offer its targeted markets (customers) so as to build and maintain a desired response.
Generally, a marketing plan is made up of the four (4) Ps and these includes;
1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.
2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.
3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.
4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.
Plz help!!!!!!!!!!!!! giving brainliest for correct answer!!! Which type of degree is earned after a master’s degree?
doctorate
secondary
bachelor’s
associate’s
Answer:
Doctorate. this helps :)
Explanation:
10)
How might a mission statement help Donna with her new
business?
A mission statement can help Donna with her new business by providing clarity and direction for her venture. It serves as a guiding statement that outlines the purpose, values, and goals of the business.
It helps Donna align her decisions, actions, and strategies with the overall mission, facilitating focus and consistency in her business operations. A mission statement is a concise statement that articulates the purpose and core values of a business. It outlines what the business aims to achieve and how it intends to operate. For Donna, having a mission statement for her new business can provide several benefits.
Firstly, it helps Donna define the purpose and direction of her business. It clarifies the reason for starting the business and what it aims to accomplish, providing a sense of focus and clarity.
Secondly, a mission statement helps Donna communicate her business's values and principles to stakeholders, including employees, customers, and investors. It sets the foundation for building a strong company culture and aligning everyone's efforts toward a common goal.
Lastly, a mission statement can serve as a guide for decision-making and strategy development. When faced with choices or challenges, Donna can refer to her mission statement to ensure that her actions align with the overall purpose and values of her business.
A mission statement plays a crucial role in helping Donna with her new business by providing clarity, guiding decision-making, and aligning stakeholders toward a common vision.
In conclusion, a mission statement can significantly benefit Donna in her new business. It provides clarity and direction, communicates values to stakeholders, and guides decision-making and strategy development. By establishing a mission statement, Donna can effectively define her business's purpose and goals, foster a strong company culture, and make informed decisions that align with her business's overall mission. This helps create a solid foundation for success and growth in her new venture.
To know more about goals, visit:
https://brainly.com/question/25534066
#SPJ11
The importance of the pro forma income statement is to provide a projection of how much ______ is anticipated over the ensuing time period.
The importance of the pro forma income statement is to provide a projection of how much profit is anticipated over the ensuing time period.
A pro forma income statement is an adjusted income statement when certain assumptions, such as one-off items, restructuring charges, are excluded, or when a loss-making company is established. means how
A business plan's pro forma income statement is a statement made by an entity to make projections of future expected revenues and expenses, subject to certain assumptions such as: Level of competition in the market, market size, growth rate, etc.
It can be made before the transaction to predict the future situation of the company. For example, if a company is planning to acquire another company, a pro forma income statement format can be created to estimate the financial impact of the acquisition.
To learn more about pro forma income statement, here:
https://brainly.com/question/30503111
#SPJ4
"Why can production only take place on or inside the curve?"
Answer:
I suppose that you are referring to a production possibilities frontier (PPF) curve. Total production output can only take place on or inside the curve because the PPF curve gives us the maximum combination of output that we can produce of two different goods using all available resources.
e.g.
Cars Boats
100 0
80 15
60 30
40 45
20 60
0 75
If you want to produce 60 cars, the maximum number of boats that can be produced is 30. You can produce less than 30 boats, and have some spare unused resources, but you cannot produce 40 boats.
who was the 20th president
Answer:
Of what country? Philippines or US or what??
Answer:
Kuroo Here!
Explanation:
It was James A. Garfield
Hope This Helps!! (^ '--')
an increase in europe's taste for u.s.-produced fords would cause the dollar to a. appreciate and would decrease u.s. net exports. b. appreciate and would increase u.s. net exports. c. appreciate, but the total value of u.s. net exports stays the same. d. depreciate and would decrease u.s. net exports. e. depreciate and would increase u.s. net exports.
An increase in europe's taste for u.s.-produced fords would cause the dollar to appreciate, but the total value of u.s. net exports.
What refers to an increase in a currency's value based on how much foreign money it can purchase?An gain in the particular currency in comparison to another is known as currency appreciation. For a variety of factors, including governmental policies, mortgage rates, current account, and business cycles, currencies appreciate against one another.
What of the foregoing will lessen the net capital outflow of a nation?The difference between domestic residents' purchases of foreign assets and foreign residents' purchases of domestic assets is known as the net capital outflow. Net investment outflow (NCO) of a nation will always be equal to net exports (NX). In the absence of change in other factors, a state's real interest rate rises reduce net capital outflow.
To know more about export revenues Visit:-
brainly.com/question/8707473
#SPJ4
Why’s are payroll withholding and estimated tax useful
Answer:
it is actually "They make sure people aren't surprised by how much they owe for the year all at once." i just took the quiz
Explanation:
Global trade means more markets and opportunities, but there is also more _______ for those markets
Global trade has increased market access for businesses, allowing them to reach new customers and expand their operations. However, this also means that companies face more competition for those markets, as businesses from different countries now compete for the same customers.
This increased competition can drive innovation, force companies to improve their products and services, and ultimately benefit consumers by providing them with more choices and better prices.
Global trade means more markets and opportunities, but there is also more competition for those markets. With global trade, companies are able to reach a wider audience and tap into new markets. However, as more companies enter the global market, competition becomes more intense. This can lead to a greater focus on price and efficiency, and companies need to constantly innovate and improve in order to stay competitive. Additionally, global trade also brings new regulatory and legal challenges, as companies must comply with different laws and regulations in each market they operate in. Overall, while global trade offers many benefits, it also requires companies to be adaptable and strategic in order to succeed in a highly competitive and complex global marketplace.
Learn more about Global trade here:
https://brainly.com/question/3617318
#SPJ11
Classify each of the statements as true or false. True False Answer Bank Marginal utility is always negative. Marginal utility is always positive Diminishing marginal utility means that consumption of an additional unit decreases utility If you eat a slice of pizza that gives you food poisoning, your utility will likely decrease. Marginal utility is the extra satisfaction experienced by one additional unit of consumption Numerical utility values are relatively easy to calculate.Utility is a measure of the satisfaction people receive from their choices.
The statements concerning marginal utility value and numerical utility values are false. The statements concerning diminishing marginal utility, food poisoning, additional unit and satisfaction is true.
1. Marginal utility is always negative. - False and 2. Marginal utility is always positive. - False because marginal utility increases or decreases with consumption of one additional unit.
3. Diminishing marginal utility means that consumption of an additional unit decreases utility. - True because the law of diminishing marginal utility states the with every additional unit, the satisfaction derived from it decreases.
4. If you eat a slice of pizza that gives you food poisoning, your utility will likely decrease. - True because the satisfaction derived from it will be very low and damaging too.
5. Marginal utility is the extra satisfaction experienced by one additional unit of consumption. - True because marginal means one additional.
6. Numerical utility values are relatively easy to calculate. - False because it is difficult to determine numerical utility values.
7. Utility is a measure of the satisfaction people receive from their choices. - True because utility in economics is defined as the value, we can give from the satisfaction derived with consumption.
Learn more about marginal utility here: https://brainly.com/question/14797444
#SPJ11
After taking $45 billion in taxpayer funding to remain afloat, CitiBank spent $50 million on a new private jet. This action was: Unethical according to U.S.Treasury spending policies for companies. Illegal according to Federal Reserve business spending regulations. Illegal according to the International Monetary Fund policies and rules. Unethical since taxpayer money was given solely with the intent to keep CitiBank solven
The action of CitiBank spending $50 million on a new private jet after taking $45 billion in taxpayer funding to remain afloat was unethical since taxpayer money was given solely with the intent to keep the bank solvent.
This action goes against U.S. Treasury spending policies for companies, which require responsible use of taxpayer funds, and it is not illegal according to Federal Reserve business spending regulations or International Monetary Fund policies and rules. However, it raises questions about the bank's priorities and whether they are truly focused on the well-being of their customers and the economy as a whole.
After taking $45 billion in taxpayer funding to remain afloat, CitiBank's decision to spend $50 million on a new private jet can be considered unethical, as taxpayer money was given with the intent to keep CitiBank solvent and ensure its stability. This action may not align with the U.S. Treasury spending policies for companies receiving financial assistance or be in compliance with Federal Reserve business spending regulations.
To know more about Taxpayer, visit:
https://brainly.com/question/28735352
#SPJ11
The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of the unemployed. b.protecting the rights of businesses, especially small businesses. c.economic security, in an effort to protect Americans against poverty and unemployment. d.civil rights for African-Americans.
The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.
The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.
The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.
In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.
Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.
The minimum amount of money a credit card holder must pay to keep his or
her account in good standing is called the
A. billing cycle
B. finance charge
c. minimum monthly payment
O D. grace period
Answer:
Finance Charge.
Explanation:
Credit card is an instrument issued by the bank that allows the holder to buy goods and services in credit . In other words , it gives the holder loan opportunity that are repayable in the future.
The bank charges a finance charge or interest rate on the amount owed based on the annual percentage rate , the amount owed and the length of repayment period . This is paid until the balance is fully offset within the grace period.
By law, manufacturers and distributors are responsible for providing Safety Data Sheets.
Who else is responsible for providing Safety Data Sheets?
Select the best option.
O
O
Managers
Workers
Importers
Employers
Managers are responsible for providing Safety Data Sheets.
According to the Hazard Communication Standard (HCS) (29 CFR 1910.1200(g)), which was updated in 2012, the chemical manufacturer, distributor, or importer must give downstream users Safety Data Sheets (SDSs) (previously known as Material Safety Data Sheets or MSDSs) for each hazardous chemical in order to inform them of the hazards.
The SDS and MSDS both include virtually the same information, but today the SDSs must be presented in a standardized, user-friendly, 16-section format. This guideline helps workers who handle dangerous chemicals become accustomed to the format and comprehend the SDSs' contents.
The SDS contains details about the physical, physiological, and environmental dangers of each chemical, as well as information about how to handle, store, and transport each chemical safely.
Learn more about Safety Data Sheets here:
https://brainly.com/question/1442958
#SPJ9
describe the importance of section officer
Answer:
Section officer are important to give and take the services , cater the services effectively , distribute work among the staff as evenly as possible , drafts laws , put up notes , prepare summaries , manage the relevant record and data of concerned department, reply to letters , communicate with other departments , maintain order and discipline in the section maintenance, etc
A project has an initial cost of $80,000 and a 3-year life. The company uses straight-line depreciation to a book value of zero over the life of the project. The projected net income from the project is $1,200, $2,300, and $2,800 a year for the next 3 years, respectively. What is the average accounting return? 5.25 percent 5.35 percent 5.45 percent 5.56 percent
Answer:
5.25%
Explanation:
The computation of the average accounting return is shown below:
Average accounting return is
= Average net income ÷ average initial cost
where,
Average net income is
= ($1,200 + $2,300 + $2,800) ÷ 3 years
= $2,100
And, the average initial cost is
= $80,000 ÷ 2
= $40,000
So , the average accounting return is
= $2,100 ÷ $40,000
= 5.25%
Hence, the average accounting return is 5.25%
If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
the annual population growth rate?
5 per 1,000
10 per 1000
15 per 1,000
25 per 1,000
how many months will it take to pay off a $705 debt, with monthly payments of $25 at the end of each month, if the interest rate is 15%, compounded monthly?
The debt will need to be repaid in 35 months.
What do mean by debt?The sum that the borrower owes to the lender is the simplest definition of debt. A debt is an amount of money that is borrowed for a specific amount of time and must be paid back together with interest. The borrower's creditworthiness affects both the size and the approval of the debt.
Given
PV = $705,
A = $25,
r = 15% / 12 = 0.0125
Required to Calculate time(months) =?
To solve this problem, we need to use the formula for calculating the present value of an annuity:
PV = A * [1 - (1 + r)^(-n)] / r
Substituting the values into the formula, we get:
705 = 25 * [1 - (1 + 0.0125)^(-n)] / 0.0125
Multiplying both sides by 0.0125 and simplifying, we get:
8.8125 = 1 - (1 + 0.0125)^(-n)
Taking the inverse of both sides, we get:
(1 + 0.0125)^n = 1 / 8.8125
Taking the logarithm of both sides, we get:
n * log(1 + 0.0125) = log(1 / 8.8125)
Dividing both sides by log(1 + 0.0125) and rounding up to the nearest whole number, we get:
n = ceil(log(1 / 8.8125) / log(1 + 0.0125)) = 35
Therefore, it will take 35 months to pay off the debt.
Learn more about Debt here:
https://brainly.com/question/17286021
#SPJ1
Susan works for a salary of $3,600 per month. She has federal income tax withheld at the rate of 15%, Social Security tax at the rate of 6.2%, Medicare tax at the rate of 1.45%, and health insurance premiums of $48 per month. Susan also contributes to a savings plan. Each month, 2% of her gross pay is placed in the plan.
Answer:
$2,664.68
Explanation:
Salary $3,600
Overtime $0
Gross Pay:$3,600
Required Deductions:
Federal Tax(15%*3,600) $540
Social Security Tax(6.2%*3,600) $223.2
Medicare Tax(1.45%*3,600) $52.12
Voluntary Deductions:
Health Insurance 48
Union Dues $0
Retirement $0
Savings:( 2% *3,600)72
Other:
Total Deductions:935.32
Net Pay: (3,600-935.32) $2,664.68
Therefore Susan Net pay will be $2,664.68
supply-side economics is most closely associated with —
The answer to the question, "supply-side economics is most closely associated with," is the conservative political ideology.
A conservative political ideology is the most closely associated with supply-side economics.
Supply-side economics is an economic theory that emphasizes increasing the supply of goods and services to stimulate economic growth.
Supply-side economics operates on the assumption that if you supply goods and services to the market, the demand will follow.
Furthermore, supply-side economics prioritizes businesses' interests and the creation of jobs over individuals' interests.
Consequently, supply-side economics focuses on improving economic growth by providing businesses with incentives like tax cuts or deregulation to create jobs and produce goods.
Supply-side economics also believes that if you reduce the tax burden on businesses and individuals, businesses will have more funds to invest and create more jobs for individuals to fill.
Supply-side economics seeks to increase the number of goods and services that the economy can produce by increasing the incentives for supply.
Know more about the supply-side economics click here:
https://brainly.com/question/30391142
#SPJ11
Using the AS-AD framework, the current spike in oil prices (due to the Russian invasion of Ukraine) is interpreted as a [Select ] which ✓ [Select ] he An increase in m An increase in o An increase in b An increase in a Using the AS-AD framework, the current spike in oil prices (due to the Russian invasion of Ukraine) is interpreted as a [ Select ] which causes a [Select] of the ✓ [Select] a shift downward a a movement down along a shift upward Ots a movement up along Using the AS-AD framework, the current spike in oil prices (due to the Russian invasion of Ukraine) is interpreted as a [ Select ] <> which causes a [ Select ] of the [ Select ] ✓ [Select ] AD curve AS curve
Using the AS-AD framework, the current spike in oil prices (due to the Russian invasion of Ukraine) is interpreted as a [supply shock] which causes a [shift upward] of the [AS curve].
In the AS-AD (Aggregate Supply-Aggregate Demand) framework, the AS curve represents the aggregate supply of goods and services in an economy, while the AD curve represents the aggregate demand for goods and services.
A supply shock refers to an unexpected event that affects the production costs or availability of key inputs, such as oil in this case. The Russian invasion of Ukraine has led to a disruption in the global oil supply, causing an increase in oil prices. This increase in oil prices leads to a decrease in the overall aggregate supply of goods and services in the economy.
When there is a supply shock, such as a spike in oil prices, it causes a shift of the AS curve. In this case, the AS curve shifts upward because the increase in oil prices reduces the profitability and ability of firms to produce goods and services at the previous level. As a result, the overall aggregate supply decreases.
To learn more about oil prices follow:
https://brainly.com/question/30666340
#SPJ11
Is it better to be a venture capitalist or an entrepreneur?.
Complete the following sentence. Remember to spell correctly.
When supply exceeds demand, a market
occurs
Answer:
bear
Explanation:
Answer:
bear
Explanation:
hope this helps ;)
a newly elected president faces a senate controlled by the opposition party. which of the following presidential appointments is the most likely to encounter difficulty with confirmation by the senate? Secretary of defense
Supreme Court justice
Chair of the Council of Economic Advisors
Ambassador to Germany
Supreme Court justice presidential appointments is the most likely to encounter difficulty with confirmation by the senate.
Describe president.The Chief of Staff The President of the United States of America serves as both the nation's chief executive and chief of state. The President is in duty of carrying out and upholding the laws established by Congress, as stated in Article II of the Constitution. The president is the recognized leader of any nation, company, university, or fan club. This phrase alludes to a leader, such as the president of the United States or the union president of the National Football League.
Given
A freshly elected president must deal with an opposition-controlled senate.
Senate confirmation of appointees made by the president is most likely to be challenging.
Supreme Court justice
To learn more about president, visit:
https://brainly.com/question/6692596
#SPJ4