Give brief definitions of the following concepts: game theory, cooperative equilibrium, noncooperative equilibrium, dominant strategy, and nash equilibrium, and price leadership. to do this, identify the definition for each term from the following list.

a) actions taken by a firm to achieve a goal, such as maximizing profits.
b) the study of how people make decisions where attaining goals depends on interactions with others.
c) a table that shows the payoffs each firm earns from every combination of firm strategies.
d) an agreement among firms to charge the same price or otherwise not to compete.
e) a strategy that is the best for a firm, no matter what strategies other firms use.
f) a situation in which each firm chooses the best strategy, given the strategies chosen by other firms.
g) a game outcome in which players seek to increase their mutual payoff.
h) a game outcome in which players pursue their own self-interest.
i) a situation in which no player can make himself better off by changing his decision at any decision node.
j) a situation where one firm announces a price change, which is matched by other firms in the industry.

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800

Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity. calculate the cost of new stock using the dividend growth approach. what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics. each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings. equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g

Why is accountability important in managing safety