Answer:
e. There are no dominant strategies in the above payoff matrix
Explanation:
a) Payoff matrix
Do Not Change Increase Subscription
Subscription Price Price
Do Not Change Subscription
Price $500 $400 $200 $700
Increase Subscription Price $600 $300 $300 $100
The players in the matrix payoff game are Daily Voice and Town Herald.
b) There is no dominant strategy that absolutely favors either Daily Voice or Town Herald in this matrix. A dominant strategy will exist if one party is always better off under a particular strategy regardless of the strategy the other party chooses.
<span>Using the numbers as written in the corresponding question, you would subtract 20,000 from 100,000 to get your amount of net profit. The 100k and the 20k are original sales figures, with the 100 being total sales and the 20 being sales returns. After subtracting the total returns you are left with net profit of 80k. You would then multiply the 80k by 1% to get your amount for bad debts. The total would be $800 of bad debt expenses (debts)..</span>
Answer:
$250,000
Explanation:
the down payment = cost of the house - mortgage = $550,000 - $300,000 = $250,000
Something is not right with this question, because if you have been able to save $250,000 in 5 years, it means that you saved around $50,000 a year. If you were able to save that much money per year, then you should be able to pay a higher mortgage. The average 30 year mortgage has an APR of a little over 4% (national average between 4.04% - 4.16%). That would result in a monthly payment of around $1,151 including insurance.
So you should either go to another bank (if your salary is really that high) or search a cheaper house.
The technique that the artist is using could be described as the alla prima technique in which it is often used in paintings such as the oil paintings. It is a painting technique that uses wet paint to be able to give out its spontaneous and fuzzy look. The wet paints that are being applied to the portrait has many layers to show its structure or the beauty of the technique.
