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Author Question: If the interest rate is 10, the present value of 1 next year is A) 1.20. B) 1.10 C) 91 cents. ... (Read 21 times)

Beheh

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on: Jul 1, 2018
If the interest rate is 10, the present value of 1 next year is
 
  A) 1.20.
  B) 1.10
  C) 91 cents.
  D) 10 cents.
  E) 9 cents.

Question 2

A Nash equilibrium occurs when
 
  A) each firm is doing the best it can given its opponents' actions.
  B) each firm chooses the strategy that maximizes its minimum gain.
  C) a player can choose a strategy that is optimal regardless of its rivals' actions.
  D) there is no dominant firm in a market.


Tabitha_2016

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

A


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Beheh

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Reply #2 on: Jul 1, 2018
Correct answers!


Tabitha_2016

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Reply #3 on: Jul 1, 2018
Great! Please up vote :D


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