Two investors have each deposited an amount D in a bank. The bank has invested these deposit on a long-term project. If the bank is forced to liquidate its investment before the project matures, can retrieve a total of 2r, where D>r>(D/2). However, if the bank lets the investment mature, the final project will yield a total of 2R, where R>D. There are two dates on which investors can withdraw money from the bank: date 1 is before the maturity of the bank investment, date 2 is later. For simplicity, assume the discount factor equals 1. Let's suppose: • If both investors withdraw money on date 1, each one receives r and the game ends • If only one investor withdraws money on date 1, that investor receives D, the other receives 2r-D and the game ends. • If none of the investors withdraw money on date 1, the project expires and the investors they decide whether to withdraw their money or not on date 2 • On date 2, if both draw money, each receives R • On date 2, if only one decides to withdraw money, that investor receives 2R-D and the other receives D • On date 2, if neither decides to withdraw money, both receive R.
Suppose that both on date 1 and date 2 the investors at the moment of deciding do not know the decision of the other investor.
Find:
a. Represent the game extensively
b. Give the number of subgames.
c. Indicate the total strategies of the players
d. Find the Subgame Perfect Nash Equilibrium
and. Interpret the Subgame Perfect Nash Equilibrium
Answers
a. Representation of the game extensively is given below:Both investors have deposited a certain amount in the bank.
The bank invests these deposits in a long-term project. The bank can retrieve 2r if it liquidates its investment before the project matures. If the bank lets the investment mature, the final project will yield a total of 2R. The investors can withdraw their deposits on two dates: date 1, which is before the maturity of the investment, and date 2, which is later. The game can be represented in an extensive form as follows: b. The game has 3 subgames:the game that starts on date 1 with two players, and it ends if both players withdraw on date 1 or one player withdraws on date 1.the game that starts on date 2 with two players, and it ends if both players withdraw on date 2 or one player withdraws on date 2.the game that starts on date 1 with two players, and it ends on date 2 if neither player withdraws on date 1. c.
The players have the following strategies:the player can choose to withdraw money on date 1.the player can choose to withdraw money on date 2.the player can choose not to withdraw money on either date. d. The Subgame Perfect Nash Equilibrium is for both investors to withdraw their deposits on date 2. This outcome is the only Subgame Perfect Nash Equilibrium because it represents the only combination of strategies in which both players have no incentive to deviate from their chosen strategy. If both investors withdraw their deposits on date 2, they will receive R. If one investor decides to withdraw his or her deposit on date 1, the other investor will receive D, and the game will end.
The investor who withdraws the deposit on date 1 will receive 2r – D on date 2. Therefore, if both investors choose to withdraw their deposits on date 2, they will receive more than the maximum payoff that they can receive if one of them withdraws on date 1 and the other withdraws on date 2.
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Related Questions
A financial institution that accepts deposits, makes loans, and provides other
financial services is a(n):
A. contractual institution.
B. depository institution.
C. fractional reserve institution.
D. investment institution.
Answers
Answer:
B. depository institution.
Explanation:
Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.
Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.
Answer:it’s not B
Explanation:
Got wrong on A.P.E.X
why adding payment options in the stands can increase a fan’s satisfaction at a sports
event?
Answers
The results of a partial least squares structural equation modeling analysis imply that aspects of the stadium, club management, and the fan-based support for the club are the most important determinants of fan satisfaction.
- BRAINLIEST answerer
Answer: The costumer would find it better and easier, which means sport event will make more profit because the fans are satisfied.
Hope this helped!
What is one method that helps control online fraud? O A. Deleting odd emails before reading B. Reporting odd emails to police • C. Reporting odd emails as spam • D. Signing into email in many locations
Answers
Answer: C. Reporting odd emails as spam
Explanation:
An item is regularly priced at 70$. It is on sale for 20% off the regular price. What is the sale price?
ITS 7TH GRADE MATH BTW!
Answers
Answer:
it's 56.
Explanation:
70*0.8=56
Why must successful managers recognize opportunities and threats in their company external environment? a. If they identify all of the environmental threats, they are guaranteed to acquire large market share. b. If they identify all of the environmental opportunities, they are guaranteed to acquire large market share. c. If they misread the market, they are likely to become rich. d. If they miscalculate the market, opportunities will be lost.
Answers
Answer:
d. If they miscalculate the market, opportunities will be lost.
Explanation:
The external environment is the environment that cannot control by the organization. It can be in form of opportunities and threats which company have to take care off
So in the case when the managers recognize these things in the external environment so this means if they didnot calculate the market properly so the opportunities could be lost due to which they cant capture the market share of the market and the competitor took this advantage,
w How does a training change a traditional profession into a modem profession? Discuss in the class.
Answers
Answer:
when one gains training he/she likes to do some works which gains much profit .he /she leaves the works which they worked for first time.
The Bradshaw family has $200,000 of total assets and $140,000 of liabilities. What is their net worth?
Malleable
Measurable
Maintainable
Manageable
Answers
Answer: $60,000
Explanation:
The Net worth of a person or people can be calculated by deducting their liabilities from their total assets.
The net worth of the Bradshaw family is therefore;
= 200,000 - 140,000
= $60,000
The options given are not for this question. There is a similar question which asks what the M in the Goal-setting acronym S.M.A.R.T stands for.
The answer to that is Measurable.
How is a cryptocurrency exchange different from a cryptocurrency wallet?
Answers
A cryptocurrency exchange is a platform that enables users to buy, sell, and trade various cryptocurrencies. It acts as an intermediary between buyers and sellers, facilitating transactions and maintaining the order book. Cryptocurrency exchanges typically charge fees for their services, which can vary depending on the exchange and the type of transaction.
On the other hand, a cryptocurrency wallet is a software application or a physical device that is used to store, send, and receive cryptocurrencies. A cryptocurrency wallet can store private keys, which are used to sign transactions and prove ownership of the cryptocurrencies stored in the wallet. Cryptocurrency wallets can be either hot (connected to the internet) or cold (offline), and they can have different levels of security features to protect the user's assets.
To use the calculator in a
spreadsheet what button do you
push?
A. the minus key
B. the shift key
C. the equals key
Answers
To use a calculator in a spreadsheet, you typically use the equals key Option C.
The equals key is used to indicate that you want to perform a calculation or formula in a cell within the spreadsheet.
In most spreadsheet software, such as Microsoft Excel you start a formula or calculation by typing an equals sign (=) followed by the desired mathematical expression. For example, "=A1+B1" would add the values in cells A1 and B1.
By pressing the equals key, you signal to the spreadsheet program that you want to perform a calculation rather than simply entering a value or text. The program then evaluates the formula or expression and displays the result in the cell.
The equals key is essential for performing mathematical operations, creating formulas, and conducting calculations in spreadsheets. It allows you to leverage the computational capabilities of the software and perform various tasks, such as summing values, averaging data, or applying complex functions.
In summary, to use a calculator in a spreadsheet, you push the equals key to indicate that you want to perform calculations or formulas within the spreadsheet program. SO Option C is correct.
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During the holiday season, snuggles, a winter clothing retail store, offers its employees $10 for every additional sweater that they sell. this is an example of?
Answers
Snuggles, a winter clothing retail store, offers its employees $10 for every additional sweater they sell during the holiday season. This is an example of Sales commission programs
The arrangement where employees are offered additional compensation for each additional sweater they sell is an example of a sales commission or a sales incentive program. A sales commission is a form of variable compensation that rewards employees based on their sales performance and encourages them to increase sales by providing a financial incentive for each unit sold.
In this case, the employees receive $10 for every additional sweater they sell, which serves as an additional motivator to promote and sell more sweaters during the holiday season. The commission structure aligns the employees' interests with the store's goals of increasing sales and generating higher revenue during this peak period.
Sales commission programs are commonly used in retail and other industries to incentivize employees and drive sales growth. By offering a financial reward tied to performance, companies can motivate their employees to actively engage in selling and focus on achieving specific sales targets or objectives. This approach helps foster a sales-driven culture and can lead to increased productivity and revenue for the business.
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what would be the yearly earnings for a person with 5800 in savings at an annual interest rate of 3 percent
Answers
the total money you bring in throughout a fiscal year. Your annual income consists of your salary plus any bonuses, commissions,
What are the fundamentals of saving?Set aside a specific sum of money each month and pay it like you would any other payment. Every time you get paid, save aside some money — ideally ten to twelve percent — and see your savings increase. Prudent saving Select the finest savings strategies for your objectives, and be sure to shop around to find the lowest interest rates.
Which are the 5 tools for saving?Bank deposits, bank deposits, money market account accts, bank deposits, and savings bonds are the five most popular categories of savings instruments. It is crucial to decide which saving methods are suitable.
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What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
Answers
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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Blossom Co. Began operations on January 2, 2020. It employs 15 people who work 8-hour days. Each employee earns 10 paid vacation days annually. Vacation days may be taken after January 10 of the year following the year in which they are earned. The average hourly wage rate was $20 in 2020 and $21. 50 in 2021. The average vacation days used by each employee in 2021 was 9. Blossom Co. Accrues the cost of compensated absences at rates of pay in effect when earned.
Required:
Prepare journal entries to record the transactions related to paid vacation days during 2020 and 2021
Answers
The journal entries to record the transactions related to paid vacation days during 2017 and 2018 is: Debit Wages expense $28,800; Credit Vacation wages payable $28,800.
How to write journal entries?
Journal entries:
1. 2017
Debit Wages expense $28,800
Credit Vacation wages payable $28,800
( 15 × 8 hours × 10 days × 24)
2. 2018
Debit Wages expense $1,620
Debit Vacation wages payable $25,920
(15 × 8 hours × 9 days × 24)
Credit Cash $27,540
(15 × 8 hours × 9 days × 25.50)
3. 2018
Debit Wages expense $30,600
Credit Vacation wages payable $30,600
( 15 × 8 hours × 10 days × 25.50)
Inconclusion the journal entries to record the transactions related to paid vacation days during 2017 and 2018 is: Debit Wages expense $28,800; Credit Vacation wages payable $28,800.
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Which aspect can help employees experience job satisfaction and self-esteem? Through good _____ , employees can experience increased job satisfaction levels, better self-esteem, and improved communication skills.
Answers
Answer: Communication skills
Explanation:
Communication is vital in working in any organization. Good communication would help anyone who is employed to easily adapt to the working environment and begin to create impact immediately, while when there is no good communication it would limit how well an individual works in an organization. Good communication would also help him interact and express his skills better, same as opinions and suggestion, which could move the organization to greater heights.
Answer:
Through good attitude,
Explanation:
I'm working on the Personal Qualities and Interpersonal Skills: Mastery Test on edmentum/plato and got a 5/5 with this answer
A factory is considered what type of resource?
land
labor
physical capital
human capital
Answers
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
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Design, construction, tests, and use of eye and face protection must be in accordance with
ANSI
Answers
Hope this helps have an excellent day!
What is the term to describe the way the federal government influences the economy by changing the amount it spends and the amount of taxes it collects?.
Answers
The term used to describe the way the federal government influences the economy by changing the amount it spends and the amount of taxes it collects is fiscal policy.
Fiscal policy refers to the use of government spending and taxation to influence the overall level of economic activity in the economy.The goal of fiscal policy is to stabilize the economy by adjusting the level of government spending and taxation in response to changing economic conditions. For example, during periods of economic downturn, the government may increase spending on public works projects or provide tax cuts to stimulate economic growth.
Fiscal policy is an important tool for policymakers to manage the economy, and its effectiveness depends on a number of factors, including the size of the government's spending and taxation changes, the timing of these changes, and how these changes interact with other economic variables. Effective fiscal policy can help to promote economic growth and stability, while ineffective or poorly-timed fiscal policy can lead to economic instability and uncertainty.
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.Un capital de$ 8.000.000 a un interés de 4% en 6 meses
.Un Capital de $20.000.000 a un interés del 7% en un año
.Un capital de $3.000.000 a un interés del 5% en 8 meses
Usted obtiene un préstamo de $5.000.000 para pagar en 6 meses con
un interés del 4% mensual. Cuanto debe cancelar al finalizar el plazo?
(Capital más intereses)
Answers
Explanation: I don’t know
Answer:
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Explanation:
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why is 4pex learning so hard
Answers
because the person who made it likes to make people mad/sad
1. Clark is the kind of manager that values input from his team and likes to involve them in the decision-making process. He prefers to avoid micromanagement and works hard to make
sure that his employees are well taken care of and empowered to make decisions. Based on this, what kind of manager is Clark?
reductive manager
exploitative manager
о
confrontational manager
democratic manager
Answers
Answer:
democratic manager
Explanation:
A democratic manager invites participation from members in the decision-making process. In this leadership style, every member is encouraged to contribute their ideas and opinions. Members' involvement leads to increased feelings of recognition and satisfaction.
Democratic leadership is also referred to as participative leadership. It contrasts with autocratic leadership, where the leader makes all the decisions without consultation.
Helix Company is approached by a new customer to provide 1.520 units of its product at a special price of $8 per unit. The normal selling price of the product is $10 per unit. Helix is operating at 80% of its capacity of 10,100 units. No incremental fixed overhead will be incurred because of this order. Also, there will be no incremental fixed general and administrative costs because of this order. QS 23-2 (Algo) Special offer LO P7 a. Special selling price of $8.00 per unit b. Direct materials of $2.00 per unit c. Direct labor of $3.00 per unit d. Variable overhead of $2.50 per unit e. Fixed overhead of $.80 per unit . Fixed general and administrative costs of $.60 per unit Based on income, should Helix accept this new customer order at the special price?
Answers
Based on income, Helix should accept the new customer order at the special price.
To determine the profitability of accepting the order, we need to calculate the incremental income generated by the special order. The incremental income is the difference between the revenues and the variable costs associated with the order.
Here's the calculation:
Incremental revenue = Special selling price per unit * Number of units
= $8.00 * 1,520 units
Incremental variable costs per unit = (Direct materials + Direct labor + Variable overhead)
= $2.00 + $3.00 + $2.50
Incremental variable costs = Incremental variable costs per unit * Number of units
Incremental contribution margin = Incremental revenue - Incremental variable costs
Incremental fixed costs = (Fixed overhead + Fixed general and administrative costs) * Number of units
Incremental income = Incremental contribution margin - Incremental fixed costs
If the incremental income is positive, it indicates that accepting the order will contribute to the overall income of Helix. If it's negative, it would imply a potential loss.
By performing the calculations, Helix can determine whether accepting the order at the special price will be financially beneficial for the company.
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Britain is becoming more of an entrepreneurial country as the number of new
businesses continues to grow. In 2019 there were 5.8 million small businesses.
This was an increase of 3.5% from 2018.
How many small businesses set up in 2019?
SELECT ANSWER
20,300
5.6 million
203,000
1.66 million
Answers
Answer:
5.6 million
Explanation:
As previously mentioned, at the start of 2019 there were 5.9 million businesses in the UK, up from 5.6 million the previous year.
helpp me plz now thx
Answers
A study obtains data on per capita alcohol consumption and skin cancer rates for every county in New Mexico. The correlation based on this county data is 0.63. True or False. This provides a fair estimate of the strength of the association between alcohol consumption and skin cancer. True False
Answers
A study obtains data on per capita alcohol consumption and skin cancer rates for every county in New Mexico. The correlation based on this county data is 0.63. False
In this case, the obtained correlation between per capita alcohol consumption and skin cancer rates for every county in New Mexico is 0.63. But it is not completely appropriate to conclude that this correlation provides a fair estimate of the strength of the association between alcohol consumption and skin cancer because the correlation coefficient only provides information on the strength and direction of the association between the two variables. It does not indicate the causation of the relationship.
Therefore, we can't establish the strength of the association between alcohol consumption and skin cancer just by observing the correlation coefficient. Hence, we can say that the correlation coefficient provides a fair estimate of the strength of the association between alcohol consumption and skin cancer is False. Therefore, the correct answer is False.
In a nutshell, we can't establish the strength of the association between alcohol consumption and skin cancer just by observing the correlation coefficient. So, the obtained correlation between per capita alcohol consumption and skin cancer rates for every county in New Mexico is 0.63, which does not provide a fair estimate of the strength of the association between alcohol consumption and skin cancer.
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ECONOMICS
Determine whether each characteristic describes a sole proprietorship, a general partnership, or a corporation. Note that a characteristic may apply to more than one type of business structure.(2 points)
Answers
The characteristic that describes a sole proprietorship makes a corporation sole proprietor. Option B. This is further explained below.
What is a sole proprietorship?Generally, a sole proprietorship is simply defined as a kind of unincorporated firm in which the earnings are reported and taxed by the owner as a part of his or her personal income.
In conclusion, Individuals who hold single proprietorships are responsible for all financial obligations of the company.
When two or more individuals work together to run a company, they are said to be "in partnership."
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Answer: Stocks may be issued to generate income- Corporation
There are 1 or more owners-Sole Proprietorship, General Partnership, Corporation
Liability is unlimited or can be unlimited-Sole Proprietorship, General Partnership.
In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.
Answers
Answer:
Marginal cost is defined as the additional cost incurred in adding a unit of product or service.
Marginal benefit is defined as the additional satisfaction or utility that the individual receives from consuming the added unit of product or service.
In every endeavor, we weigh the benefit and cost of a certain product, course of action or service. We aim to get the most out of every product or decision. We are driven to reach maximum profit at a minimum cost. Thus, when the marginal cost is greater than the marginal benefit, people will do less of an activity because it is not profitable.
Explanation:
If utility is given by u(x, y) =, then the person's MRS at the point x = 5, y = 2 is given by 1.0 3.5 0.4 5.0 "If an individual is to maximize the utility received from consumption, he or she spend all available income." This statement is true under the assumption of quasi-concave utility. non-satiation. transitive preferences. complete preferences.
Answers
The statement is true under the assumption of non-satiation.Non-satiation is an assumption in economics that states individuals always prefer more of a good to less.
In other words, individuals never reach a point where they are completely satisfied or "satiated" with a certain level of consumption. Under the assumption of non-satiation, individuals continuously seek to maximize their utility by consuming more goods and services.If an individual is to maximize their utility, they would spend all their available income on goods and services because any remaining income would represent unused purchasing power that could potentially increase their overall satisfaction. In other words, if individuals have the opportunity to increase their utility by spending more and there are no constraints on their consumption, it would be rational for them to spend all their available income.Quasi-concave utility, transitive preferences, and complete preferences are also important concepts in economics, but they do not directly address the statement in question. Quasi-concave utility refers to the shape of the utility function and its relationship to preferences.
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Suppose that Third Fidelity Bank currently has $200,000 in demand deposits and $130,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%.
Reserves?
Required Reserves?
Excess Reserves?
Answers
At the tip of a year once a corporation earns a profit-bound portion of its maintenance within the business to satisfy future contingencies, growth prospects, etc. This quantity of cash unbroken aside is termed as reserves.
Reserves:
= Demand Deposits - Loans
= $200,000-$130,000
=$70,000
What are Required Reserves?
=Demands Deposits x Require Reserve Ration
= $200,000x0.1
=$20,000
What are Excess Reserves?
=Demands Deposits x Required Reserve Ratio
=$200,000x0.1
=$20000
Excess reserves are a security buffer of types. monetary corporations that carry excess reserves have an additional life of safety in the event of sudden loan loss or important money withdrawals by customers. This buffer will increase the protection of the banking industry, particularly in times of economic uncertainty.
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1. What action should the Federal Open Market Committee (FOMC) take if it
sees signs of inflation rising above 2% and believes inflation will continue to
rise if it takes no action?
2. Explain how the action you suggest will work to control inflation.
Answers
Answer: Governments can use wage and price controls to fight inflation, but that can cause recession and job losses
Explanation: Governments can also employ a contractionary monetary policy to fight inflation by reducing the money supply within an economy via decreased bond prices and increased interest rates.
Bankruptcy can make it difficult for you to get a loan, rent an apartment, or even get a job. True or false?
Answers
Answer:
True
Explanation:
It is true.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor.
Bankruptcy helps individuals who can no longer pay their debts get a fresh start by liquidating assets to spend on their debts or by creating a repayment plan. Bankruptcy laws also rescue financially troubled businesses. This section defines the bankruptcy process and laws.
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