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Ganezh
14 days ago
13

Suppose you and a classmate are playing a game where your classmate proposes a division of​ $1.00. ​ Then, you either accept or

reject the offer. If you​ accept, then you and the classmate get the proposed portions of the dollar. ​ However, if you reject the​offer, then you and your classmate receive nothing.
Suppose your classmate offers you $0.12
What is your optimal​ strategy?
Your optimal strategy is to _________ the proposed division.
A. Accept
B. Reject
Now suppose instead that you propose the division of the dollar. Your classmate will then accept or reject your division. If the classmate​ accepts, then you each receive the portion of the dollar as you have proposed. ​ However, if your classmate​ rejects, then you both get nothing.
Your optimal strategy is to offer your classmate ​$_______. (Enter a numeric response to two decimal places)
Business
1 answer:
Mariulka [3.1K]14 days ago
6 0
Your best course of action is to agree to the suggested division. When making a proposal, you should offer your classmate $0.49.
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soldi70 [3150]

Answer:

$2.0 billion

Explanation:

The Gross Domestic Product comprises the total monetary value of all goods and services produced within a country over a defined time period.

The formula for GDP is

GDP = consumption + government spending + investment + (exports - imports)

200,000 units are sold to consumers

300,000 units are sold to businesses

300,000 units are sold to government entities

100,000 units are exported

100,000 units remain in inventory

GDP= {200,000 + 300,000 + 300,000 + 100,000 + (100,000 - 0)} * $2,000

GDP = 1,000,000 * 2000

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29 days ago
On March 1 a commodity's spot price is $60 and its August futures price is $59. On July 1 the spot price is $64 and the August f
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Answer:

The answer is $59.50.

Explanation:

The calculations based on the scenario are as follows:

Profit on futures price = After futures price - before futures price

$63.50 - $59

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Thus, the effective price that the company pays can be calculated using this formula:

Effective price paid = Spot price in July - Gain on futures price

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24 days ago
Sidewinder, Inc., has sales of $634,000, costs of $328,000, depreciation expense of $73,000, interest expense of $38,000, and a
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Answer:

$154,050

Explanation:

The following shows how net income for the business is calculated:

Total Sales           $634,000

Subtract: costs      -$328,000

Subtract: depreciation -$73,000

EBIT                   -$233,000

Subtract: interest      -$38,000

EBT                      195,000

Subtract: tax(195,000 × 21%) -$40,950

Net income    $154,050

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