Determine which of the following situations describe games and which describe decisions. in each case, indicate what specific features of the sit- uation caused you to classify it as you did. (a) a party nominee for president of the united states must choose whether to use private financing or public financing for her campaign. (b) frugal fred receives a $20 gift card for downloadable music and must choose whether to purchase individual songs or whole albums. (c) beautiful belle receives 100 replies to her online dating profile and must choose whether to reply to each of them. (d) nbc chooses how to distribute its television shows online this season. the executives consider amazon, itunes, and/or nbc. com. the fee they might pay to amazon or to itunes is open to negotiation. (e) china chooses a level of tariffs to apply to american imports.

Which of the following statements regarding the learning curve and economies of scale is accurate? answers: just as diseconomies of scale are presumed to exist if a firm gets too large, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too large, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. where diseconomies of scale are presumed to exist if a firm gets too small, there is no corresponding increase in costs in the learning-curve model as the cumulative volume of production grows. just as diseconomies of scale are presumed to exist if a firm gets too small, there is a corresponding increase in costs in the learning-curve model as the cumulative volume of production grows.

Elliott company produces large quantities of a standardized product. the following information is available for its production activities for march. units costs beginning work in process inventory 2,500 beginning work in process inventory started 25,000 direct materials $ 3,725 ending work in process inventory 5,000 conversion 11,580 $ 15,305 status of ending work in process inventory direct materials added 185,750 materials—percent complete 100 % direct labor added 182,375 conversion—percent complete 30 % overhead applied (140% of direct labor) 255,325 total costs to account for $ 638,755 ending work in process inventory $ 62,530 prepare a process cost summary report for this company, showing costs charged to production, unit cost information, equivalent units of production, cost per eup, and its cost assignment and reconciliation. use the weighted-average method. (round "cost per eup" to 2 decimal places.)

Match the type of agreements to their descriptions. will trust living will prenuptial agreement