On April 1, 2017, Planet Services received $8,000 in advance of performing the services from a customer for three months of se
1 answer:
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Answer:
The outcome of this game is that both countries will cheat
Explanation:
Solution
Recall that
For Russia:
If Qatar cheats or found cheating is = zero cheat
If Qatar co-operates = 140 million (co-operates or comply)
For Qatar:
If Russia cheats or found cheating is = it is considered as a zero cheat
If Russia cooperates = 140 million (co-operates or comply)
So,
The outcome of equilibrium = (0,0)
Therefore the outcome of this game is that both countries will cheat
Note: Kindly find an attached copy of part of the solution to the question given.
Answer:
The lowest price the target's owners are willing to accept for the firm is 50
Explanation:
Solution
It is known that in the market there are two firms. while one is target, the other is equity firm.
The target has several projects at hand bu the firm's worth is uncertain. it lies anywhere between 0 and 100.
Now,
The equity believes that the target is not well managed and with a good management it's value can be increased by 50%
Now,
The owner of the target does not know the firm's worth. so, it may be profitable or the firm to accept the average outcome
Note: Kindly find an attached copy of the complete question for this example below.
Average outcome 0 + 100/2
= 100/2 = 50
Therefore, the lowest price the target's owners are willing to accept for the firm is 50
