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Question: Two brothers, Curly and Shemp, inherit a car worth 8000 dollars. Since only one of them can actually have the car, they agree they will present sealed bids to buy the car from the other brother. The brother that puts in the highest sealed bid gets the car. They must bid in 1000 dollar units. If the bids happen to be the same, then they flip a coin to determine ownership and no money changes hands. Curly can bid only up to 5000 while Shemp can bid up to 8000 Find the payoff matrix with Curly as the row player and the payoffs the expected net gain (since the car is worth 8000). Find v-, v+ and use dominance to solve the game.
A job in an insurance office involves telephone conversations with policyholders. The office manager estimates that about half of the employee"s time is spent on the telephone.
In a subsequent action by Anita, Barry claimed that the contract was not binding on him because it was impossible for him to read and he did not know what it contained prior to his signing it. Should Barry be held to the contract?
questioni risks come in all shapes and sizes risk professionals should be able to recognize the major drivers of risk
Choose one existing business operation and analyze its strategy. Suggest the competitive priorities that the business used in the development of its operations strategy. Evaluate how well or how poorly the chosen strategy supports that business' visi..
Describe whether you believe there is an opportunity for the companies to agree to particular production levels for each company so that their combined profits are maximized.
Which of the 13 tools for accounting information systems summarized in Figure 7.18 do you feel are essential for any business to have today? Which of them do you feel are optional, depending on the type of business or other factor? Explain.
How will Technology Encourage collaboration and sharing information internally?
Pollution Prevention - which focuses on minimizing or eliminating waste before it is created. Product Stewardship - focuses on all environmental impacts associated with the full life cycle of a product
Why fog droplets appears to be suspended in air
Bigelow Corporation has total assets of $850,000, sales of $1,350,000, and one class of common stock with 375 shareholders, and a class of preferred stock with 250 shareholders, both of which are traded over the counter.
2. Income statement accounts-Description and details. Use 10k report. 1. Make a list of all income statment accounts. (1) Define each account;
Human resource management involves a steady stream of activities.An HR manager's job revolves around a set of functions including HR planning,staffing,developing employees,appraisal,and compensation and benefit.
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