Suppose Jake and Latasha are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Jake chooses Right and Latasha chooses Right, Jake will receive a payoff of 6 and Latasha will receive a payoff of 5.
Latasha
left Right;
left 6,6 6,3
Jack Right 4,3 5,5
The only dominant strategy in this game is for ______ to choose ________. The outcome reflecting the unique Nash equilibrium in this game is as follows: Jake chooses _______ and Latasha chooses ________.

Answers

Answer 1

Answer:

The only dominant strategy in this game is for Jake to choose right.

Nash equilibrium in this game is when Jake chooses right and Latasha chooses Left.

Explanation:

Nash equilibrium is a situation where both players can gain some of the advantage when one player forgoes some of his advantage. This strategy is chosen when there is competitive benefits available in the payoff matrix. In the given scenario Jack can gain from the game when he chooses right but Nash equilibrium will be achieved when Jack choose right and Latasha chooses left.


Related Questions

When it comes to investing, what are you most comfortable with?
High risk - High reward
Medium risk - Medium reward
Low risk - Low reward

Answers

Answer:

medium risk for the average person. depends on assets that company/person has

Explanation:

Use the 20-10 Rule to calculate the debt limits for Jesse's brother and sister.
Jesse's Brother: Annual Net Income of $24,750
Jesse's Sister: Annual Net Income of $35,800

Answers

Answer:

Jesse's brother total debt limit =$24,750 x 20% = $4,950

his monthly payment should not exceed ($24,750 / 12) x 10% = $206.25

Jesse's sister total debt limit = $35,800 x 20% = $7,160

her monthly payment should not exceed ($35,800 / 12) x 10% = $298.33

the 20/10 rule is a rule of thumb, meaning that it is not exact, it only gives us a parameter.

Norton Inc. is a hardware store that is owned by members of Norton family as well as a few close friends of the family what is is this company

Answers

Answer:

Closed Corporation

Explanation:

A closed corporation is a company in which the shares would be chosen by some individuals who are closely connected with the business. It could be also called by different names like privately held company, private company etc

Since In the given situation Norton Inc i.e. hardware store owned by the members also there is a few closed friends so this represent a closed corporation

Garnishment cannot exceed what percent of the weekly take-home pay?

Answers

Answer:

25%

Explanation:

the weekly amount may not exceed the lesser of two figures: 25% of the employee's disposable earnings, or the amount by which an employee's disposable earnings are greater than 30 times the federal minimum wage

Marshall Company purchases a machine for $480,000. The machine has an estimated residual value of $40,000. The company expects the machine to produce four million units. The machine is used to make 560,000 units during the current period. If the units-of-production method is used, the depreciation expense for this period is:_____.
a. $38,500.b. $700,000.c. $660,000.d. $35,000.

Answers

Answer:

The correct answer is not in the answer options. Depreciation expense = $61,600

Explanation:

Cost of machine = $480000

Residual value = $40,000

The machine is expected to make 4,000,000 units. This is it's useful life.

It makes 560,000 during current period

We solve for depreciation

Depreciation = (machine cost - residual value)/useful life

= $480,000-$40,000/4,000,000

= 440,000/4,000,000

= 0.11

Depreciation expense = 0.11 x 560,000

= $61600

a.
The main purpose of a cover letter is to:
Get hired for a position
b. Be called in for an interview
c. Let your friends know how your job search is going
d. Obtain references from your network
Please select the best answer from the choices provided
А
B

Answers

Answer:

B)  Be called in for an interview!!!!

Explanation:

just took this review hope this helps!

If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of a decrease in price of good X.
A) It always will lead to an increase in consumption of good X.
B) It will lead to an increase in consumption of good X only if X is a Giffen good.
C) It will lead to an increase in consumption of good X only if X is an inferior good.
D) It will lead to an increase in consumption of good X only if X is a normal good.

Answers

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.

On June 10, Blossom Company purchased $7,100 of merchandise from Sunland Company, terms 4/10, n/30. Blossom Company pays the freight costs of $350 on June 11. Goods totaling $600 are returned to Sunland Company for credit on June 12. On June 19, Blossom Company pays Sunland Company in full, less the purchase discount. Both companies use a perpetual inventory system.
Prepare separate entries for each transaction on the books of Blossom Company. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Answers

Answer:

June 10

Dr Inventory $7,100

Cr Accounts payable $7,100

June 11

Dr Inventory $350

Cr Cash $350

June 12

Dr Accounts payable $600

Cr Inventory $600

June 19

Dr Account payable $6,500

Cr Cash $6,240

Cr Inventory $260

Explanation:

Preparation of a separate journal entries for each transaction on the books of Blossom Company.

Books of Blossom Company

June 10

Dr Inventory $7,100

Cr Accounts payable $7,100

June 11

Dr Inventory $350

Cr Cash $350

June 12

Dr Accounts payable $600

Cr Inventory $600

June 19

Dr Account payable $6,500

($7,100-$600)

Cr Cash $6,240

($6,500-$260)

Cr Inventory $260

(4%*$6,500)

Zachary Airlines is a small airline that occasionally carries overload shipments for the overnight delivery company Never-Fail, Inc. Never-Fail is a multimillion-dollar company started by Wes Never immediately after he failed to finish his first accounting course. The company’s motto is "We Never-Fail to Deliver Your Package on Time." When Never-Fail has more freight than it can deliver, it pays Zachary to carry the excess. Zachary contracts with independent pilots to fly its planes on a per-trip basis. Zachary recently purchased an airplane that cost the company $4,636,000. The plane has an estimated useful life of 24,400,000 miles and a zero salvage value. During the first week in January, Zachary flew two trips. The first trip was a round trip flight from Chicago to San Francisco, for which Zachary paid $420 for the pilot and $370 for fuel. The second flight was a round trip from Chicago to New York. For this trip, it paid $370 for the pilot and $185 for fuel. The round trip between Chicago and San Francisco is approximately 4,300 miles and the round trip between Chicago and New York is 1,300 miles.
Required:a. Select if the costs mentioned below are direct or indirect.b. Determine the total cost of each trip. (Do not round intermediate calculations.)

Answers

Answer: See explanation

Explanation:

a. Based on the information given, the direct costs are:

• Pilot Cost

• Fuel Cost.

The indirect cost is:

• Depreciation Cost

b. To know the total cost for each trip, we need to know the depreciation per mile which will be:

= $4,636,000 / 24,000,000

= 0.19

Cost for Trip 1

Pilot Cost = $420

Fuel Cost = $370

Depreciation Cost = (0.19 × 4,300) = $827

Total Cost = $1617

Trip 2

Pilot Cost = $370

Fuel Cost = $185

Depreciation Cost = (0.19 × 1,300) = $247

Total Cost = $802

Using the table below, calculate the holding inventory costs for all four periods using both average inventory and end inventory values. The holding cost per period per unit is $200. The sequence of cost is (average inventory, end inventory). Periods 1 2 3 4 Usage 100 120 50 80 End Inventory 10 30 70 30

Answers

Answer:

Holding cost = Ending inventory for period * Holding cost per unit

Period 1 holding cost                                     Period 2

= 10 * 200                                                       = 30 * 200

= $2,000                                                        = $6,000

Period 3                                                          Period 4

= 70 * 200                                                       = 30 * 200

= $14,000                                                        = $6,000

Total holding cost:

= 2,000 + 6,000 + 14,000 + 6,000

= $28,000

On July 8, Compusoft receives $300,000 from a customer toward a cash sale of $1.10 million for customized computer equipment to be completed on August 1. The remaining $800,000 payment is received upon delivery of the product on August 1. The equipment had a total production cost of $640,000. What journal entries should Compusoft record on July 8 and August 1

Answers

Answer:

Date                  Account Title                                       Debit                Credit

July, 8                Cash                                                  $300,000

                         Unearned Sales Revenue                                        $300,000

Date                  Account Title                                       Debit                Credit

August, 1          Cash                                                  $800,000

                         Unearned Sales Revenue               $300,000

                         Sales revenue                                                        $1,100,000

August, 1           Cost of Goods sold                         $640,000

                         Merchandise inventory                                        $640,000

The numbers of copies of a college textbook sold quarterly over the past four years are: Since the time series has trend and seasonal pattern, to forecast the quarterly sales of the textbook, the following regression equation was found:

yt= 2120 - 620 Qtr1t - 1320Qtr2t+290Qtr3t + 24t

where Qtr1t , Qtr2t and Qtr3t are dummy variables corresponding to Quarters 1, 2 and 3, and t = time period.

The sales forecast for Quarter 4 of the next year is:_______

a. 2600
b. 1232
c. 2006
d. 1874

The sales forecast for Quarter 1 of the next year is

a. 1908
b. 1432
c. 2206
d. 1874

Answers

Answer:

2,600 textbook. 1,908 textbooks.

Explanation:

1. The equation is based on the past four years so in calculating the time period for Quarter 4 next year, the time period is:

t = (4 * 4 periods) + 4 periods next year

t = 20

Sales forecast is therefore:

= 2,120 + 24t

= 2,120 + 24 * 20

= 2,600 textbooks

2. The time period will be:

t = (4 * 4 periods) + 1 quarter

t = 17 quarters

Sales forecast:

= 2,120 - 620 + 24t

= 2,120 - 620 + 24 * 17

= 1,908 textbooks.

Margot and Johnny; calendar year, cash basis taxpayers; file a joint return. Before any of the capital asset transactions below, their taxable income is $90,100 and consists entirely of wages from their current jobs. During the year, they also had the following capital asset transactions:
. On February 1, 2018, they purchased Wal-Mart common stock for $57,000. They sold the stock on May 31, 2020 for $65,000.
. On August 15, 2019, they purchased PG&E common stock for $42,000. They sold the stock on July 25, 2019 for $35,000.
. On April 25,2017, they purchased Cisco common stock for $87.500. They sold the stock on May 21, 2019 for $100,000.
What is their final taxable income after including the capital asset transactions, and what is their total tax liability?
a. 5103,600 taxable income: $11,539 tax liability.
b. 5107,600 taxable income: $14,209 tax liability.
c. 5107,600 taxable income; $23,672 tax liability.
d. 5103,600 taxable income; 513,564 tax liability.

Answers

Answer:

c. $107,600 taxable income: $23,672 tax liability.

Explanation:

Taxable Income calculation:

Taxable Income beginning $90,100

Add: gain on sales on Wal-Mart stock $13,000

Less: Loss on sale of PG&E stock $7,000

Add: Gain on Cisco common stock $11,500

Taxable Income at end $107,600

Interview can be defined as an attempt to

a.
make two persons communicate

b.
test the suitability of the candidate for the job under consideration

c.
develop relationship between two persons

d.
secure minimum information from the candidate​

Answers

Answer:

B

Explanation:

Wilson Animal Feeds has developed the following data to calculate lower of cost or market for its products.

Selling
Price Cost
Large animals:
Cattle $320 $160
Horse 400 400
Small animals:
Cat $360 $320
Dog 120 90
Exotic pets:
Ferret $140 $112
Iguana 70 48

The costs to sell are 20% of selling price.

Required:
Determine the reported inventory value assuming the lower of cost or market rule is applied to categories of feed products. (Round to nearest dollar. Do not include $ or commas.)

Answers

Answer:

Wilson Animal Feeds

The reported inventory value is:

= 1130

Explanation:

a) Data and Calculations:

                       Selling

                        Price      Cost     LCMV

Large animals:

Cattle             $320      $160      $160

Horse               400       400        400

Small animals:

Cat                $360     $320      $320

Dog                  120         90          90

Exotic pets:

Ferret            $140      $112       $112

Iguana               70         48         48

Total LCMV                           $1,130

b) This method of valuing inventory requires a comparison between the market value and the cost of each category of feed products.  The lower between the two is chosen and then multiplied with the quantity of the item.  In this example, the quantities of the items are not given.  

Pam always drives under the speed limit to her risk and keep insurance costs down. Even so, she got into an accident and filed a to cover the expenses of repairing her car. One of the costs of doing so was that her insurance would likely increase in the future.


answers:
1. reduce
2. claim
3. premiums

Answers

Answer:

1. reduce

2. claim

3. premiums

just realized u already knew the answers lol....

Answer:

reduce, claim, premiums

Explanation:

got it right on edge !! :)

1) Name TWO disadvantages of chain drives. [2]​

Answers

Answer:

Disadvantages of chain drives are as follows;

Explanation:

Chain drives aren't allowed to be used in situations where slip is a device necessity.In comparison to belt movements, they necessitate precise alignment.

If a company receives $11,100 from the owner to establish a proprietorship, the effect on the accounting equation would be:_____.
A. Assets decrease $11,100 and equity decreases $11,100.
B. Assets increase $11,100 and liabilities decrease $11,100.
C. Assets increase $11,100 and liabilities increase $11,100.
D. Liabilities increase $11,100 and equity decreases $11,100.
E. Assets increase $11,100 and equity increases $11,100.

Answers

Answer:

E

Explanation:

If a company receives $11,100 from the owner to establish a proprietorship, the effect on the accounting equation would be assets increase $11,100 and equity increases $11,100. Thus, option (e) is correct.

What is company?

The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.

According to the provided statement, the company receives $11,100, and the operator is a proprietorship, and the financial entry is based on the general journal. There was an increase in assets of $11,100 and an increase in equity of $11,100. The value of the industry's asset increased.

As a result, the Therefore, option (e) is correct.

Learn more about on company, here:

https://brainly.com/question/29354835

#SPJ5

Years ago, the United States Armed Forces conducted an experiment called "Operation Snowdrop" to find out what kinds of military personnel seemed to function best under severe arctic climatic conditions. Some of the factors examined were weight, age, blood pressure, and national origin. All of the participants in "Operation Snowdrop" were given a training course in how to survive and function in extreme cold. At the conclusion of the experiment, it was found that only two factors among those studied distinguished between personnel whose performance was rated as "effective" and those rated "not effective" on the arctic exercises. These factors were: (1) desire to participate in the experiment, and (2) degree of knowledge and skill regarding how to live and protect oneself under arctic conditions.
Inference: Participants having normal weight and blood pressure were rated as significantly more effective on the arctic exercises than were the other participants.
A. Definitely true.
B. Probably true.
C. Insufficient data.
D. Probably false.
E. Definitely false.

Answers

Answer:

B. Probably true.

Explanation:

The hypothesis test is conducted based on the sample selected from the participants. These participants are rates as effective in exercise or either not effective in exercise. The conclusion drawn may be true based on the knowledge and the given data.

Presented below is information related to Splish Company at December 31, 2020, the end of its first year of operations.
Sales revenue $334910
Cost of goods sold 149030
Selling and administrative expenses 54000
Gain on sale of plant assets 32710
Unrealized gain on available-for-sale debt investments 9080
Interest expense 6360
Loss on discontinued operations 11260
Dividends declared and paid 4660
Compute the following:
(a) Income from operations -
(b) Net income -
(c) Comprehensive income
(d) Retained earnings balance at December 31, 2020 -

Answers

Answer and Explanation:

The computation is shown below:

a.

Sales Revenue $334,910

Less: expenses  

Cost of goods sold $149,030

Selling and administrative expenses $54,000

Income from Operations $131,880

b.

Income from Operations $131,880

Add: Gain on sale of Plant assets $32,710

Less:  

Interest expenses $6,360

Loss on discontinued operations $11,260

Net income $146,970

c.

Net income $146,970

Add: Unrealized Gain $9,080

Comprehensive Income $156,050

d.

Retained earnings

Net income $146,970

Less: Dividend declared and paid $4,660

Retained earnings $142,310

the period before the trial takes place is called the

Answers

Answer:

Explanation:

Pretrial Stage - discovery process, finding of facts. ... Trial Stage - seating of the jury, testimony on behalf of the plaintiffs and testimony on behalf of the defendants

Answer:

Pretrial Stage - discovery process, finding of facts. ... Trial Stage - seating of the jury, testimony on behalf of the plaintiffs and testimony on behalf of the defendants.

What is a logical argument for ethical decision-making and ethical impact in a technological society.

Answers

Answer:

Kindly check explanation

Explanation:

Technological advancement has without doubt brought a whole lot to our environment ranging from the ease, speed and volume at which we get things done, the making of new and better products to mention just a few. However, like most other impacting strategies, it comes with its own points of concern. The derision of ethics by certain technological processes have raised a few eyebrows, the need to innovate has to be checked and balanced such that it does not infringe upon the values and morals of individuals and businesses. Some of the ethical concerns include ; increased and easy accessibility to immoral viewings. The intrusion of private and public data unsolicited data in other derive or generate insight. This data may often be used for more than it was requested. The threat posed to health due to testing usually from innovative experiment and research.

Machinery purchased for $72,000 by Oriole Co. in 2016 was originally estimated to have a life of 8 years with a salvage value of $4,800 at the end of that time. Depreciation has been entered for 5 years on this basis. In 2021, it is determined that the total estimated life should be 10 years with a salvage value of $5,400 at the end of that time. Assume straight-line depreciation.
Prepare the entry to correct the prior years' depreciation, if necessary.

Answers

Answer:

No journal entry would be recorded

Explanation:

The journal entry is shown below:

No journal entry would be recorded for recognizing the prior year depreciation

So no journal entry would be passed for the same

Hence, the same would be relevant

impact of strategy evaluation and control in gaining competitive advantage​

Answers

Answer:

Explanation: For the better part of a decade, strategy has been a business buzzword. Top executives ponder strategic objectives and missions. Managers down the line rough out product/market strategies. Functional chiefs lay out “strategies” for everything from R&D to raw-materials sourcing and distributor relations. Mere planning has lost its glamor; the planners have all turned into strategists.

What is the role of incentives in the workplace?

Answers

Answer:

a way to keep workers motivated to do their job to the best of their ability. having something to look forward to.

Explanation:

Incentives are a great way to ensure that your employees stay motivated to do their job to the best of their ability. By offering something they can achieve if they hit a certain target or achieve something, they have something to work towards.

What are REITs? please help

Answers

Answer: REITs, or real estate investment trusts, are companies that own or finance income-producing real estate across a range of property sectors. These real estate companies have to meet a number of requirements to qualify as REITs. Most REITs trade on major stock exchanges, and they offer a number of benefits to investors.

Explanation: Real Estate Investment Trust

Company

A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, ranging from office and apartment buildings to warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate.

When looking at a firm's behavior, you know it is engaging in price discrimination when it:__________

a. charges a different price to different customers that is not reflective of the firm's costs.
b. charges customers more than they would prefer to pay.
c. asks about personal information such as race, gender, and sexual orientation before offering services.
d. does not accept payment with a smartphon

Answers

Answer:

a. charges a different price to different customers that is not reflective of the firm's costs.

Explanation:

The price discrimination strategy occurs when an organization charges a different price to different customers that does not reflect the company's costs, that is, the company divides its potential customers into groups, usually based on customer perceptions and characteristics and demographic data to evaluate which group of customers is willing to pay more or less for a particular product or service.

This is a strategy that can be favorable for companies to charge a maximum price for their product knowing that it will be accepted, but it is effective in large companies that have a high position in the market.

The process of bond valuation is based on the fundamental concept that the current price of a security can be determined by calculating the present value of the cash flows that the security will generate in the future.
There is a consistent and predictable relationship between a bond's coupon rate, its par value, a bondholder's required return, and the bond's resulting intrinsic value. Trading at a discount, trading at a premium, and trading at par refer to particular relationships between a bond's intrinsic value and its par value. These result from the relationship between a bond's coupon rate and a bondholder's required rate of return.
Remember, a bond's coupon rate partially determines the interest-based return that a bond (might/will) pay, and a bondholder's required return reflects the return that a bondholder(would like/is obligated) to receive from a given investment.
The mathematics of bond valuation imply a predictable relationship between the bond's coupon rate, the bondholder's required return, the bond's par value, and its intrinsic value
These relationships can be summarized as follows:
When the bond's coupon rate is equal to the bondholder's required return, the bond's intrinsic value will equal its par value, and the bond will trade at par.
When the bond's coupon rate is greater to the bondholder's required return, the bond's intrinsic value will ________(be less than/exceed/equal) its par value, and the bond will trade at a premium.
When the bond's coupon rate is less than the bondholder's required return, the bond's intrinsic value will be less than its par value, and the bond will trade_________ (at a premium/at par/at a discount).

Answers

Answer:

When the bond's coupon rate is greater to the bondholder's required return, the bond's intrinsic value will EXCEED (be less than/exceed/equal) its par value, and the bond will trade at a premium.

When the bond's coupon rate is less than the bondholder's required return, the bond's intrinsic value will be less than its par value, and the bond will trade AT A DISCOUNT (at a premium/at par/at a discount).

Explanation:

When the coupon rate of a bond, e.g. 5%, is less than the market rate, e.g. 6%, the value of hte bond will be lower than the face value, therefore, it will be sold at a discount.

On the other hand, if the coupon rate, e.g. 6%, is higher than the market rate, e.g. 5%, the value of the bond will be higher than the face value, therefore, it will sell at a premium.

I will give BRAINLY

I need any career name plz

Answers

You can be a streamer!

Two Benefits of being a streamer is.

You can earn money.

Companies can promote your channel.

Two drawbacks of being a streamer is.

Your channel can get taken down or people can be rude to you.

You can forgot about uploading and may lose subscribers.

Let me know if you have any questions.

~ Lily from Brainly.

For 2021, Rahal's Auto Parts estimates bad debt expense at 1% of credit sales. The company reported accounts receivable and an allowance for uncollectible accounts of $86,500 and $2,100, respectively, at December 31, 2020. During 2021, Rahal's credit sales and collections were $404,000 and $408,000, respectively, and $2,340 in accounts receivable were written off. Rahal's 2021 bad debt expense is:

Answers

Answer:

See

Explanation:

Rahal's final balance in its allowance for uncollectible accounts at December 31, will be calculated as:

Step 1:

$404,400 × 1%

= $404,400 × 0.01

= $4,044

Step 2:

$2,100 - $2,340

= ($240)

Step 3:

$4,044 + ($240)

$3,804

Therefore, Rahal's final balance in its allowance for uncollectible accounts at December 31, 2021 is $3,804

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