In the Hurwicz equation, Hi = ? ? (maximum payoff) + (1 – ?) ? (minimum payoff); if we set ? = 0, then the equation reduces to ______.
A. maximin criterion
B. maximax criterion
C. Laplace criterion
D. minimax regret criterion
A. maximin criterion
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A) wiki homes B) wiki farms C) central wikis D) wiki docs
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On October 1, 2017, Nurix, Inc. purchased a patent for $205,000 cash. Although the patent gives legal protection for 20 years, the patent is expected to be used for only 10 years. What will be the balance in the patent account on September 30, 2018?
A) $184,500 B) $205,000 C) $194,750 D) $102,500
_____ is a spontaneous financing granted by sellers when they deliver goods and services to customers without requiring immediate payment.
A. Trade credit B. A revolving credit agreement C. Commercial paper D. A line of credit