Game theory is the study of
A) how optimal strategies are formulated in conflict.
B) decisions and their consequences.
C) pure probability.
D) conditional probability.
E) None of the above
A
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What will be an ideal response?
The goal of single-digit setups is to have a setup time:
A) of less than one shift. B) of less than one hour. C) of less than 30 minutes. D) of less than 10 minutes.
Which of the following promises in consideration of marriage would be outside the statute of frauds?
a. In consideration of Joan's promise to marry him, a man promises to pay her an allowance and to give her all of his property upon his death. b. John and Mary mutually agree that their marriage shall not affect the existing property rights of the other. c. Joan promises to release a money judgment against Steven in consideration of him marrying her. d. John and Joan mutually promise to marry each other in a formal ceremony on June 23.
Investments A and B are mutually exclusive and cost $2,000 each. The firm's cost of capital is 9%, and the investments' estimated cash inflows are? cash inflow A B year 1 $2,320 ??? 2 ??? ??? 3 ??? $2,810 ? ? a. What investment(s) should the firm make according to net present value? ?b. What investment(s) should the firm make according to internal rate of return? c. If the firm can reinvest
funds earned in year 1 at 10%, which investment(s) should the firm make? ? What will be an ideal response?