Coca-cola and pepsi are both releasing a new soda at the same time. each company is fairly well known, and they are both deciding between pursuing two advertising strategies. each firm knows that its profits will be affected by its own decision and the decision of the competing firm. the payoff matrix below contains the estimated profits for both companies for all possible strategies. pepsi\'s profits are in the lower (green) triangle of each cell and coca-cola\'s profits are in the upper (blue) triangle of each cell. profits (payoffs) are in millions of dollars.

Which of the following statements is true about financial planning

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries