In 2014 neither firm raised rates during the holiday season because they were A. at the equilibrium of an infinitely repeated game. B. colluding to maximize profits. C. cooperating to increase their joint profits. D. competing in a​ prisoner's dilemma.

Answers

Answer 1
Answer:

Answer:

The correct answer is  D. competing in a​ prisoner's dilemma.

Explanation:

The prisoner's dilemma is a fundamental problem in game theory that shows that two people may not cooperate even if it goes against the interest of both.

In the iterated prisoner's dilemma, cooperation can be obtained as a result of balance. Here it is played repeatedly, so when the game is repeated, each player is offered the opportunity to punish the other player for non-cooperation in previous games. Thus, the incentive to defraud can be overcome by the threat of punishment, which leads to a cooperative outcome.


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In a certain economy, people save some part of their income in the financial sector and use the remaining part for consumption. The government decides to increase the tax rates for everyone in that economy. What effect will the tax increase have on savings and investment in the economy?

Answers

Answer:

Savings decrease, and investment decreases.

Explanation:

A government normally increases taxes to boost it's tax revenue but this also results in the decrease of savings and investments. Higher taxes leaves consumers with less disposable income which then discourages them from saving and investing.

To answer the question above as to what effect will the tax increase have on savings and investment in the economy when the government decides to increase the tax rate for everyone in that sector is that people will be hesitant to save and invest, they'll be sure to weigh in as to which would be the proper move if the tax increase will cripple their investments or savings. Tax increase harms economic growth in a sense that it will affect peoples savings and investment which plays a key role in the economy.

Which of the following is NOT a creative thinking exercise entrepreneurs use to generate ideas?

Answers

Creative ways of thinking require the act of connecting the dots to make sense of ideas. Of the listed options, that which is not a creative way of thinking is;

  • B. Judge Each Idea as Realistic or Not

When an idea is judged as realistic or not, the brain is not tasked to think deeply about the ideas raised. Creativity entails finding out new ways to do things.

A central idea can be drawn and ideas connected to it to reach new conclusions. Extensive thinking and challenging the status quo are all creative ways of thinking.

Therefore, option B is not a creative way of thinking.

Learn more here:

brainly.com/question/21773481

Options:

A. Challenge the Usual

B. Judge Each Idea as Realistic or Not  

C. Draw Idea Maps

D. Think Backward

The right answer for the question that is being asked and shown above is that: "B. Judge Each Idea as Realistic or Not ." This is not a creative thinking exercise entrepreneurs use to generate ideas.

These are the following choices:
A. Challenge the Usual
B. Judge Each Idea as Realistic or Not 
C. Draw Idea Maps
D. Think Backward

Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of sulfur dioxide pollution per year.​ However, the marginal cost of reducing a ton of pollution for Consolidated Electric is ​$275 per ton and the marginal cost of reducing a ton of pollution for Commonwealth Utilities is ​$375 per ton. The​ government's goal is to cut sulfur dioxide pollution in half​ (by 20 million tons per​ year). a. If the government issues 10 million tradable pollution permits to each​ utility, what will be the cost of eliminating half of the pollution to​ society?

b. Using a cap-and-tradeLOADING... system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of ​$ nothing million per year.

c. If the permits are not tradable, what will be the cost of eliminating half of the pollution?

d. If permits cannot be traded, then the cost of the pollution reduction

Answers

Answer and Explanation:

The computation is shown below:

a. The cost of eliminating is shown below:

= $275 × 20

= $5,500

b. The cost would be $375 per ton

c. In the case when the permits are not tradable so in this the cost is $5,500

d. In the case when the permits cannot be traded so the cost of the pollution reduction is

= $375 × 10 + $275 × 10

= $3,750 + $2,750

= $6,500

which of the following processes authorizes a police officer to search private homes, businesses, and vehicles of suspects

Answers

A Judge ordered search warrant and probable cause. Do you need help with anything else?
A warrant is the thing.

Cleese Company sells merchandise on account for $5,000 to Langston Company with credit terms of 2/10, n/30. Langston Company returns $1,000 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check

Answers

Answer:

$ 3,290

Explanation:

Given that

Merchandise on account sold to Langston = 5000 at 2/10 n/30

2/10 n/30 means 2/10 net 30 refers to a trade credit indicating that the buyer enjoys 2% discount.

Also,

Langston returned $1000 worth of damaged goods.

Thus,

Amount of check

= (Initial sales price - returned damaged goods) × 100% - discount

= (5000 - 1000) × 100 - 2

= (5000 - 1000) × 98%

= $ 3920

Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina. He realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people. Which philosophical approach to ethics does this demonstrate

Answers

Answer: Utilitarian

Explanation:

From the question, we are informed that Johan is the manager of CycleUp and has agreed to build a new manufacturing plant in Argentina and that he realizes this decision will cause him to shut down a small plant in Ohio, but he decides that since the new facility will cut his operating costs in half, that is worth more than closing a plant employing ten people

This is referred to as utilitarianism.

Utilitarianism seeks to make the society as a whole better even though it might comes as an expense to a few individuals for the larger society to enjoy.