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 55 times)

Beheh

  • Hero Member
  • *****
  • Posts: 520
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

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

For a complete list of videos, visit our video library