Consider the following two-person game. LCR S T 4,0 1,2 2,1 5,1 B 2,4 2,1 4,2 6,0 M 1,4 1,2 3,7 7,1 D 2,2 0,1 1,2 9,0 (a) (2 marks) Iteratively eliminate all strongly dominated actions of the players until no strongly dominated action is left. Which strategies left at the end of this elimination process? Show your work. [Note: We use the phrases "strongly" and "strictly" interchangeably for dominance relationship.] (b) (5 marks) Find all pure and mixed strategy Nash equilibria of this game. Show your work. [Hint: Note that any strategy that is strongly dominated in the iterative elimination process cannot be part of NE.]
Answers
(a) To iteratively eliminate strongly dominated actions, we compare the payoffs for each action against the payoffs of other available actions. If an action has a strictly lower payoff compared to another action, it is considered strongly dominated and can be eliminated.
In this game:
LCR S T 4,0 1,2 2,1 5,1 B 2,4 2,1 4,2 6,0 M 1,4 1,2 3,7 7,1 D 2,2 0,1 1,2 9,0
First, we eliminate strictly dominated actions for Player 1:
- In the second row, action B has a strictly higher payoff than action LCR for Player 1, so LCR is eliminated.
Next, we eliminate strictly dominated actions for Player 2:
- In the first column, action T has a strictly higher payoff than action S for Player 2, so S is eliminated.
The remaining strategies after the elimination process are:
Player 1: M, D
Player 2: T
(b) To find the pure and mixed strategy Nash equilibria (NE) of the game, we examine the strategies that survive the elimination process.
Pure strategy NE:
- (M, T) is a pure strategy NE because no player can unilaterally deviate to improve their payoff.
Mixed strategy NE:
- Player 1's strategy: Since Player 1 has two remaining strategies, M and D, the mixed strategy NE would involve a probability distribution between these two strategies.
- Player 2's strategy: Player 2's only remaining strategy is T, so the mixed strategy NE would involve a probability of 1 for T.
To find the specific probabilities for Player 1's mixed strategy NE, we compare the payoffs of M and D when Player 2 plays T:
- For Player 1, the expected payoff of M is 1/3(1) + 1/3(2) + 1/3(3) = 2
- For Player 1, the expected payoff of D is 1/3(2) + 1/3(0) + 1/3(2) = 4/3
Since the payoff of D is strictly higher than M, Player 1 would choose D with a probability of 1 and M with a probability of 0 in the mixed strategy NE.
Therefore, the Nash equilibrium of the game is:
Pure strategy NE: (M, T)
Mixed strategy NE: (D, T) with Player 1 playing D with probability 1.
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Related Questions
Describe the major components of business conduction plan.
Helppp AHHHH
Answers
Answer:
Heya there!
Here's ya answer.
Executive summary Business description and structure Market research and strategiesManagement and personnel Financial documents Founder (team) and business leadershipCo-workers and business coordinationExplanation:
Providing annual training and indoctrination on fraternization, and providing examples of prohibited personal relationships, is the responsibility of what individual?
Answers
The responsibility of providing annual training and indoctrination on fraternization, including examples of prohibited personal relationships, typically falls on the commanding officer or supervisor within an organization.
They are responsible for ensuring that all personnel are aware of and understand the policies and guidelines regarding fraternization. The commanding officer or supervisor is in a position of authority and is responsible for enforcing and promoting a professional and respectful work environment. By providing training and indoctrination, they can educate their subordinates about the potential risks and consequences of engaging in prohibited personal relationships, such as conflicts of interest, favoritism, and compromised operational effectiveness. The training may include information on the specific policies and regulations related to fraternization, as well as real-life examples of prohibited relationships to illustrate the boundaries and expectations. By taking this responsibility seriously, the commanding officer or supervisor helps to maintain discipline, morale, and professionalism within the organization.
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The Human Resources Department is typically responsible for providing annual training and indoctrination on fraternization, aiding employees in understanding the organization's policies regarding personal relationships in the workplace.
Explanation:The responsibility of providing annual training and indoctrination on fraternization, and providing examples of prohibited personal relationships typically falls on the shoulders of an organization’s Human Resources (HR) Department. The HR Department is tasked with developing policies and parameters around acceptable behavior in the workplace. These policies usually cover a wide range of topics including fraternization and personal relationships in the workplace. Regular trainings, often annually, are provided to ensure all staff members are aware of these policies.
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Please Help!
Step 1: Imagine that you've graduated from college and have established a career. You've been working with the same company for three years. You've saved up $10,000 and need to decide how you'll save and invest this money. Your goal is to save as much money in five years as you can for a down payment on a house. Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investing plan is an outline or list that names the types of savings or investments you'll use. The outline also shows the amount or percentage you'll put into each savings account or investment. For this project, evaluate and select at least three investments or savings accounts. Upload the document.
Step 2: Select specific accounts and investments. For example, if your outline includes investing $1,000 in stock, research and select stock. Create a portfolio with a spreadsheet or word processor.
See the example below
Saving or Investment:
Savings Account at Money Bank
ABC Growth Mutual Fund
Stock ABC
Value at Start:
1,000
2,000
1,000
Current Value:
1,000.25
2,010
980
Increase or Decrease:
.25
10
-20
Follow the accounts and investments for at least one week.
1. Did your overall portfolio increase or decrease in value? Which investments or accounts increased and which decreased? By how much?
2. What did you learn about investing from this project? Did you learn about how much risk you like to take? Did you learn about how much work is involved in selecting investments? Explain.
Writer Part:
Using the principles and strategies of saving and investing, create a saving and investing plan. Remember, a saving and investing plan is an outline or list that names the types of savings or investments you'll use. The outline also shows the amount or percentage you'll put into each savings account or investment. For this project, evaluate and select at least three investments or savings accounts. Did your overall portfolio increase or decrease in value? Which investments or accounts increased and which decreased? By how much? What did you learn about investing from this project? Did you learn about how much risk you like to take? Did you learn about how much work is involved in selecting investments? Explain.
Answers
After one week of monitoring the portfolio, the overall portfolio increased in value by $55.25. The High Yield Savings Account increased by $0.25, the ETF increased by $10, and the Growth Stock decreased by $20. The writer learned that investing requires patience and research, and they prefer a more conservative approach. Finally, selecting investments requires effort and attention to detail.
What is the overall increase or decrease in portfolioSaving and Investing Plan:
1. High Yield Savings Account - 50% of $10,000 ($5,000)
2. ETF - 30% of $10,000 ($3,000)
3. Growth Stock - 20% of $10,000 ($2,000)
For the High Yield Savings Account, I will look for an account that offers a competitive interest rate with no fees. This will be my emergency fund and a place to keep my money safe.
For the ETF, I will look for a low-cost index fund that tracks a broad market index, such as the S&P 500. This will provide me with diversification and exposure to the stock market.
For the Growth Stock, I will look for a company with a strong financial position and growth potential. I will research the company's financial statements, management, and industry trends before investing.
After one week, my overall portfolio increased in value by $55.25.
The High Yield Savings Account increased by $0.25, the ETF increased by $10, and the Growth Stock decreased by $20.
From this project, I learned that investing requires patience and research. The market can be volatile, but it's important to stay focused on long-term goals. I also learned that I prefer a more conservative approach with a larger allocation to a high-yield savings account. Selecting investments requires effort and attention to detail, but it can be rewarding to see your money grow over time.
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If more gas stations are built in the local area, then the supply of gasoline will decrease as a result.
Answers
The statement "If more gas stations are built in the local area, then the supply of gasoline will decrease as a result" is not accurate. In fact, the increased number of gas stations would likely lead to an increase in the supply of gasoline.
When more gas stations are built in a local area, it generally leads to an increase in the supply of gasoline. This is because each gas station is a point of distribution for gasoline, and more gas stations mean more outlets for selling gasoline. As a result, the overall supply of gasoline in the local area tends to increase.
An increase in the number of gas stations can have several effects on the supply of gasoline. Firstly, competition among gas stations may lead to lower prices, encouraging consumers to buy more gasoline. This increased demand can incentivize suppliers to increase their gasoline production and supply to meet the growing market demand.
Additionally, with more gas stations available, suppliers may have better access to distribution channels, allowing them to transport and deliver gasoline more efficiently. This improved distribution network can contribute to a more abundant and accessible supply of gasoline in the local area.
Therefore, contrary to the initial statement, the construction of more gas stations typically results in an increase in the supply of gasoline rather than a decrease.
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sony, incorporated spent $1,000,000 of development cost for commercially feasible prototypes. if sony follows ifrs not gaap, then the $1,000,000 would:
Answers
Companies incur development costs in order to develop the goods and services they intend to market. When an asset's price can be measured, the development cost is recorded.
The development cost is typically capitalized and amortized according to IFRS. Only when the specified conditions are met is the development cost recognized. When the commercial production begins, amortization will begin. To ensure that the recognition requirements are met, each development cost must be reviewed at the end of each accounting year.
What can development costs include?
The term "development cost" refers to the cost of purchasing and developing the sites, which includes costs for engineering and legal representation, streets, roads, utilities, minimum essential administrative costs, equipment that is required, and estimated interest that the borrower is unable to pay elsewhere.
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marcus can afford a monthly mortgage payment of $900. if he is eligible for a 30-year, 5 percent mortgage (where the mortgage factor is 5.37), how much of a mortgage loan can he afford? multiple choice
Answers
Marcus can afford a monthly mortgage payment of $900. if he is eligible for a 30-year, 5 percent mortgage. Mortgage loan can he afford $167,597.77.
A loan is a settlement among you and a lender that offers the lender the proper to take your house in case you fail to pay off the cash you have borrowed plus interest. Mortgage loans are used to shop for a domestic or to borrow cash in opposition to the cost of a domestic you already own. When buying a house, there are 3 predominant forms of mortgages to select from: fixed-rate, conventional, and well-known adjustable rate. All have distinct advantages and shortcomings that help numerous homebuyer profiles.
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Ranstech sells its product for $200. marginal cost is a constant $160 per unit and fixed costs are $67,000. what is the breakeven quantity?
Answers
The Break-even point is the point where a firm neither gains nor losses. The breakdown quantity is 1725 units.
The break-even point is the number of additional units a company must sell to cover the cost of marketing programs and other types of investments, says Avery. If as a result of his investment he does not sell an amount equivalent, the company will suffer a loss and will not be able to recover its costs.
Break-even quantity = fixed cost / contribution per unit
Where contribution per unit = states per unit - variable cost per unit.
Now according to the problem, the marginal cost per unit is a constant $ 140 per unit. Go, it will converge to the variable cost per unit. ince, there is no change in the cost of production per additional unit, so the variable cost is the same as the marginal cost.
The fixed cost is 103500
Break-even quantity = fixed cost / contribution per unit
= 103500/200 -140
= 10350/ 60
= 1725 units
And, the break-even revenue ig = $(1725 x 200) = $345000.
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what does the bank have that makes it attractive to thieves?
Answers
the bank has a lot of money and gold
5a) Change
the given angle
into
degress-
i) 10ʻl6' 15"
Answers
Given :
An angle 10 16' 15".
To Find :
The given angle into degrees.
Solution :
We know, 1° = 60' and 1' = 60".
Now,
\(15" = (15\times \dfrac{1}{60})^{'}\\\\15"= \dfrac{1}{4}^{'}=0.25^{'}\)
Now, total minutes are :
(16 + 0.25)' = 16.25'
Converting 16.25' to degrees.
\(16.25^{'} = 16.25\times \dfrac{1}{60} ^o\\\\16.25^{'} = 0.271^o\)
Therefore, angle in degree is ( 10+0.271 )° = 10.271° .
Consider the following partially completed income statements for merchandising companies and compute the missing amounts under the Flynt Corp. table below the following Data Table:view the Income Statements:Data Table : Rustic Gear Flynt Corp.Sales $ 98,000 $(d)Cost of Goods Sold:Beginning Merchandise Inventory (a) 31,000Purchases and Freight In 50,000 (e)Cost of Goods Available for Sale (b) 91,000Ending Merchandise Inventory (2,200) (2,200)Cost of Goods Sold 63,000 (f)Gross Profit 35,000 114,000Selling and Administrative Expenses (c) 86,000Operating Income $10,000 $ (g)Rustic GearSales $98,000Cost of Goods Sold:Beginning Merchandise Inventory 15,200Purchases and Freight In 50,000Cost of Goods Available for Sale 65,200Ending Merchandise Inventory (2,200)Cost of Goods Sold 63,000Gross Profit 35,000Selling and Administrative Expenses 25,000Operating Income $10,000Flynt Corp.__?___$31,000__?___91,000(2,200)114,00086,000__?____
Answers
Answer:
e.60,000
f. 88,800
d. 202,800
g. Operating income 28,000
Explanation:
Calculation for the missing amounts for Flynt Corp.
e. Computaion for Purchases & freight-in
Using this formula
Purchases & freight-in= Cost of Goods Available for Sale - Beginning Merchandise Inventory
Let plug in the formula
Purchases & freight= 91,000 - 31,000
Purchases & freight= $ 60,000
f. Computation for Cost of goods sold
Using this formula
Cost of goods sold = Cost of Goods Available for Sale - Ending Merchandise Inventory
Let plug in the formula
Cost of goods sold= 91,000 - 2,200
Cost of goods sold= 88,800
d. Computation for Sales
Using this formula
Sales = Gross profit + Cost of goods sold
Let plug in the formula
Sales= 114 000 + 88,800
Sales= 202,800
g. Computation for Operating income
Using this formula
Operating income = Gross profit - Selling and Administrative Expenses
Let plug in the formula
Operating income= 114,000 - 86,000
Operating income= 28,000
Preparation for the Income statement for Flynt Corp.
Flynt INCOME STATEMENT
Sales 202,800 (i)
Cost of good sold :
Beginning Merchandise Inventory 31,000
Purchases and Freight In 60,000
Total Cost of goods available for sale 91,000
(60,000+31,000)
Less Ending Merchandise Inventory 2,200
Cost of goods sold 88,800 (ii)
(91,000-2,200)
Gross profit 114,000
(202,800 - 88,800)
Less Selling & Administrative expenses 86,000
OPERATING INCOME $28,000
Which of the following is an advantage of starting your own business?
Answers
Answer:
The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.
Explanation:
Why is strength an internal force
Answers
Answer:
Because it comes from within the person.
Explanation:
In business, we learn about the concept of internal force and external force as two factors that could influence the outcome of a certain event.
External forces are the type of influences that come from our environment. Generally, it's not something that we can control. We have to make proper adaptation to address the external forces to prevent it from ruining our goals.
Example of External Goals : Natural disaster, Future laws made by the government, etc.
Internal forces on the other hand are the type of influences that come from within ourselves as a person. It is something that we can control and constantly thrive to improve in order to make it easier for us to achieve our goals.
Example of internal goals: Strength, Emotional stability, Motivation, etc.
can someone answer me this please
Answers
Answer:
Higher fixed costs and Deteriorating net cash flow postion
Explanation:
the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
Answers
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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which of the following necessarily exists for a monopolistic competitor in the long run? * 1 point productive efficiency allocative efficiency loss positive economic profit excess capacity
Answers
The monopolistic competitor necessarily exists for the following in the long run Excess Capacity.
Monopolistic competition refers to a market structure in which several companies sell similar but not identical goods. A monopolistic competitive company has the freedom to raise or lower the price of its products since no other company can sell a perfect substitute for its goods.
Monopolistic competition is a type of imperfect competition that characterizes an economy.
In a monopolistic competition market structure, excess capacity means that the company is producing less than the most efficient output level. In a monopolistic competition market, firms have the ability to adjust prices but face a downward-sloping demand curve since products are differentiated.
Excess capacity is, therefore, a characteristic of monopolistic competition firms that are producing at a lower production level than they would in the ideal scenario. The firm might produce more, but the demand for its goods would be insufficient.
Hence, excess capacity arises as a result of firms in the monopolistic competition having the freedom to set prices, but they face demand curves that are downward sloping.
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Which of the following is not a common difference between net business income on the books (following GAAP) and net business income on a tax return (following the Internal Revenue Code) for a typical business? A>Advertising Expense B>Depreciation Expense C>Business Meals Expense D>Bad Debt Expense
Answers
The common difference between net business income on the books (following GAAP) and net business income on a tax return (following the Internal Revenue Code) for a typical business is not related to Advertising Expense.
The difference between net business income on the books and net business income on a tax return arises due to various factors and adjustments required by the Internal Revenue Code. These differences are commonly known as "book-tax differences." While there are several differences between the two, Advertising Expense is not typically one of them.
The most common differences include Depreciation Expense, Business Meals Expense, and Bad Debt Expense. The Internal Revenue Code often has specific rules and limitations for these expenses that may differ from the treatment under GAAP. For example, the tax code may have different rules regarding the deductibility and timing of depreciation expenses, the deductibility of business meals, and the treatment of bad debts. However, Advertising Expense is generally treated similarly under both GAAP and the tax code, and therefore it is not a common difference between net business income on the books and net business income on a tax return.
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if example your a newbie and inexperienced what kind of business would you do in your newly made business account also if your interested in Nightcore songs and an underage?
Answers
Answer:
I want be doctor but still I can do the business of handicrafts . I don't like nightcore songs .
Answer:
wanna be a doctor if I want buissnes maybe art I donno.
Explanation:
do you watch anime which one
10. What influences consumer purchasing behaviors? (5 points)
Answers
Answer:
trends, the buyers personality, and other peoples influence
Explanation:
ESTIMATING COSTS
ACTIVITY 1- Scenario: Margaret has recently opened up her own
Beauty Salon in Abu Dhabi. She has been operating for the last 6
months as a sole trader.
List Margaret's costs for her business below:
Fast plz
Answers
Answer:
Opening your own hair salon is a milestone for any hairdresser. You may be wanting to open a salon so that you are self-employed. You may also be wanting to provide your own clients with services that align with your vision of what a hairdressing experience should be. However, opening a hairdressing salon is a big responsibility, even if you have previous experience in the hairdressing industry.
One of the most important things you will need to consider when planning to open a hairdressing salon is how to structure your business. Your business structure is the legal framework of your business. It has the potential to reduce your exposure to financial risk and enable flexibility for growth. The wrong business structure for a new business may be costly and may not be suited to your business goals. This article considers four popular business structures and their suitability for hairdressing businesses.
1. Sole Trader
If you are starting a hairdressing salon on your own or are wanting to freelance, you may choose to operate as a sole trader. As a sole trader, you will have full control and autonomy of the running your business. This structure is usually relatively easy and cheap to set up. It also has minimal legal formalities.
To set up as a sole trader, you will need an Australian Business Number (ABN). If you intend to trade under your own name, then you don’t need to register a business name. However, if you plan to operate under a different name, you simply need to register a business name with the Australian Securities and Investments Commission (ASIC).
Although it has an easy setup, this structure does come with risk. If any of your clients sue you or you incur any debts, you will be personally responsible. This means that if you can not repay these debts from the funds of the business, you will have the repay the debt from your own personal finances.
Also, as a sole trader, you have limited resources available to fund the growth of your business. You will need to rely on:
personal savings;
loans; and
business profits.
You cannot raise funds from the general public. Being a sole trader may also not be the most tax-effective decision. This is because a sole trader is liable to the same tax rate applicable to individual taxpayers on income earned. You should check this with an accountant or tax lawyer.
2. Partnership
If you plan to open your hairdressing salon with one or more business partners, you may choose to enter into a partnership. Similar to a sole trader, the setup is simple and has minimal upfront costs. You will require an ABN for the partnership and most partnerships also register a business name.
It is also important for the partners to enter into a partnership agreement. This agreement governs the relationship between partners and sets out key terms, which may describe:
how the business will be managed;
how the profits will be shared;
who will fund the partnership;
how you or your partners can sell your share in the business; and
the process for managing disputes.
However, setting up a partnership also comes with risks. Like a sole trader, if someone sues you or you go into debt, your personal assets and finances will be at risk.
Additionally, partnerships involve joint liability. Therefore, you may be personally liable for business debts owed by any of the other partners. The amount owed is not divided proportionally according to your percentage of ownership in the business, so you could be responsible for paying the entire amount.
Like a sole trader, you cannot raise funds from the general public to fund the growth of your business. You will need to rely on:
the savings of each partner;
loans; or
business profits.
However, unlike a sole trader, you can look to bring on more partners to increase the pool of funds available for the business.
3. Company
Whether you are operating your hairdressing salon on your own or with other business partners, you may decide to operate as a company. A company is a separate legal entity. This means it is capable of suing and being sued. It also holds assets in its own name and can enter into contracts in its own name.
There are two key players involved in the management of a company. These are shareholders and directors. As the founder of your business, you will usually be both a shareholder and a director of the company that you establish. Any other business partners may also take on these roles.
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Sheridan Company took a physical inventory on December 31 and determined that goods costing $225,000 were on hand. Not included in the physical count were $24,200 of goods purchased from Pelzer Corporation, FOB shipping point, and $21,200 of goods sold to Alvarez Company for $29,200, FOB destination. Both the Pelzer purchase and the Alvarez sale were in transit at year-end.
Answers
Answer:
$270,400
Explanation:
FOB shipping point: (transfer of risk and reward takes place when the goods are shipped for transfer.
The purchased inventory that was not included are under FOB shipping point, which means that the risks and rewards associated with the inventory has been transferred at the year end. Hence the ownership has been shifted. This means the purchase must be included in the inventory.
FOB destination: The transfer of ownership takes place once the other party receives the order.
As the sold inventory are under FOB destination, which means that the risks and rewards assoiciated with the inventory are not yet transferred. Hence the ownership has not been shifted. This means the sold inventory must be included in the inventory.
Calculation:
Goods on Hand $225,000
Goods Purchased FOB Shipping Point $24,200
Goods Sold on FOB Destination $21,200
Goods on Hand on December 31 $270,400
A company with significant assets and activities in multiple countries is known as a(n):____.
A) multinational corporation.B) repatriated corporation.C) transferable corporation.D) duplicate corporation.E) emancipated corporation.
Answers
A company with significant capital and activities in multiple countries is known as a multinational corporation.
A multinational corporation generally has offices or factories in different and multiple countries and a centralized head office where they coordinate global management.
Other than its home country, a multinational corporation has facilities and other capital in at least one country. Many multinational enterprises are based in developed nations.
The multinational advocates create high-paying jobs and technologically advanced goods in countries that otherwise would not have reach to such opportunities or goods.
Some examples of multinational corporations include- Apple, Samsung, Starbucks, Ikea, Nike, McDonalds, Pepsi etc.
Hence, option A is correct.
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You work on salary. Normally, you make $375.00 a week. This week you worked 52 hrs.
How much is your gross pay?
Answers
Answer:
658
Explanation:
Because operations managers control so much of a business’s money, they must focus on.
Answers
Because operations managers control so much of a business's money, they must focus on: D. keeping costs low.
Who is a manager?A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company or firm), especially by being morally upright, well behaved, friendly, managing costs, and promoting the business's vison, culture, and values at all times.
Generally speaking, the two (2) main goals that an operations manager must keep in mind include the following:
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Complete Question:
Because operations managers control so much of a business's money, they must focus on
answer choices
generating publicity.
hiring the best employees.
creating effective advertising campaigns.
keeping costs low.
9. Suppose the principal of a public school re-
quired all students to recite a prayer at the start
of each school day. What level of government
(federal, state, or local) would most likely deter-
mine whether or not the principal's action was
constitutional?
Answers
Answer: Federal government
Explanation:
Based on the scenario in the question, the federal government would most likely determine whether or not the principal's action was constitutional.
This is a national issue and shouldn't be left in the hands of the local or state government. It should be noted that in 1962, school sponsored prayer in the public schools was banned by the United States Supreme Court, on the basis that the First Amendment was being violated.
The court later ruled that students can meet and then pray on their respective school grounds so far it's done privately and no one is forced.
Hence, the federal government would most likely determine whether or not the principal's action was constitutional.
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months.
Answers
The time it will take to increase the limit to $1,600 is 2.5 years, when the credit card has a credit limit of $1,000.
What is a credit card?A credit card is a payment card issued to users or cardholders to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt that is promised to the card issuer to pay them for the amounts plus the other agreed charges. The card issuer usually a bank or credit union creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance.
A credit card is different from a debit card.
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Your question was incomplete, your full question probably was:
Your credit card has a credit limit of $1,000. Your credit card company reviews your credit line every 6 months. They will not increase your credit line more than 10% each 6-month period. Assuming they increase your limit each 6-month period by 10%, how long will it take to increase your limit to $1,600?
• Explain why investors would place a lower value on a stock if (a) its expected future cash flows were smaller; (b) its expected future cash flows were coming later; and (c) there was more risk associated with its expected future cash flows. • Illustrate using numbers, the relationship (positive or negative) between the PV and the (a) FV (b) number of periods and (c) the discount rate. • You wish to withdraw from your bank account $100 today and $200 next year and can earn 10% per year. Illustrate what one- time deposit you would have to make today in order to be able to make the desired withdrawals. Be sure to explain how you determined which exponents to use in this calculation.
Answers
Investors place a lower value on a stock if its expected future cash flows are smaller, or its expected future cash flows are coming later, and there is more risk associated with its expected future cash flows. The value of an asset today is the sum of the present values of the cash flows it is expected to generate in the future.
As a result, if future cash flows are expected to be smaller or occur further in the future, the present value of those cash flows will be lower, reducing the value of the asset today. Furthermore, if future cash flows are perceived to be riskier, their present value may be reduced even further.The relationship between the present value (PV) and the future value (FV) is negative, indicating that as the FV increases, the PV decreases. Furthermore, the relationship between the PV and the number of periods is negative, indicating that as the number of periods increases, the PV decreases.
Finally, the relationship between the PV and the discount rate is negative, indicating that as the discount rate increases, the PV decreases.If you want to withdraw $100 today and $200 next year and can earn 10% per year, you will need to deposit a one-time amount today. We can use the formula for the present value of an annuity to determine the necessary deposit amount:PV = C[1-(1+r)-n/r]Where PV is the present value, C is the cash flow amount, r is the discount rate, and n is the number of periods.
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Which TCF checking account fee is the most expensive?
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Answer:
Explanation: it’s o stop payment fee
If the price of tennis balls is $4 per container, can each of these producers stay in business? Explain why or why not. How much will each want to produce at
this price?
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At a price of $4 per container, each producer of tennis balls can potentially stay in business. The profitability of each producer depends on their production costs and the market demand for tennis balls.
If their production costs are lower than or equal to the price of $4, they can generate profits and remain in business. Producers will determine their optimal production level based on factors such as their production costs, economies of scale, and expected market demand. They will aim to maximize their profits by producing the quantity that allows them to achieve the highest revenue while keeping their costs within a profitable range. The specific quantity each producer wants to produce at this price will vary depending on their individual cost structures and market conditions.
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Elijah was shopping for a new pair of sunglasses. Although he would have liked to take the sunglasses home immediately after purchasing them, he was willing to give up immediate availability when he realized that he could purchase the sunglasses online for a 30 percent discount. This is an example of using a.
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Answer:
compensatory decision rule
Explanation:
A compensatory decision-making strategy weighs the positive and negative attributes of the considered alternatives and allows for positive attributes to compensate for the negative ones.
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Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
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Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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