Bob and tom are two criminals who have been arrested for burglary. the police put tom and bob in separate cells. they offer to let bob go free if he confesses to the crime and testifies against tom. bob is also told that he will serve a 15-year sentence if he remains silent while tom confesses. if he confesses and tom also confesses, they will each serve a 10-year sentence. separately, the police make the same offer to tom. assume that if bob and tom both remain silent, the police only have enough evidence to convict them of a lesser crime and they will serve 3-year sentences. a. use this information to write a payoff matrix for bob and tom. b. does bob have a dominant strategy? if so, what is it? c. does tom have a dominant strategy? if so, what is it? d. what sentences do bob and tom serve? how might they have avoided this outcome?
Answers: 1
Business, 22.06.2019 04:00, neariah24
Assume that the following conditions exist: a. all banks are fully loaned up- there are no excess reserves, and desired excess reserves are always zero. b. the money multiplier is 5 . βββ c. the planned investment schedule is such that at a 4 percent rate of interest, investment =$1450 billion. at 5 percent, investment is $1420 billion. d. the investment multiplier is 3 . e.. the initial equilibrium level of real gdp is $12 trillion. f. the equilibrium rate of interest is 4 percent now the fed engages in contractionary monetary policy. it sells $1 billion worth of bonds, which reduces the money supply, which in turn raises the market rate of interest by 1 percentage point. calculate the decrease in money supply after fed's sale of bonds: $nothing billion.
Answers: 2
Business, 22.06.2019 08:40, adrian08022
Which of the following is not a characteristic of enterprise applications that cause challenges in implementation? a. they introduce "switching costs," making the firm dependent on the vendor. b. they cause integration difficulties as every vendor uses different data and processes. c. they are complex and time consuming to implement. d. they support "best practices" for each business process and function. e. they require sweeping changes to business processes to work with the software.
Answers: 1
Business, 22.06.2019 14:30, Hannahdavy5434
Stella company sells only two products, product a and product b. product a product b total selling price $50 $30 variable cost per unit $20 $10 total fixed costs $2,110,000 stella sells two units of product a for each unit it sells of product b. stella faces a tax rate of 40%. stella desires a net afterminustax income of $54,000. the breakeven point in units would be
Answers: 3
Bob and tom are two criminals who have been arrested for burglary. the police put tom and bob in sep...
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