<span>A collision coverage type of insurance only the covers the
cost that is incurred due to damage to your car. It does not include the cost
for the other car. Therefore you will have to pay the total of $1,100</span>
Answer:
$69.41
Explanation:
Given that
D1 = 4.75
D2 = 5.25
D3 = 5.75
D4 = 7
g = 7% or 0.07
R = 15% or 0.15
Therefore,
D5 = D4 (1 + g)
= 7 × 1.07
= 7.49
Also,
P4 = D5/g × R
= 7.49/0.15 × 0.07
= 93,625
Thus,
P0 = 4.75/1.15 + 5.25/(1.15)^2 + 5.75/(1.15)^3 + 7/(1.15)^4 + 93.625/(1.15)^4
= $ 69.41357
Approximately
= $ 69.41
Answer:
Flashfone and Pictech
The Nash equilibrium is achieved when Pictech and Flashfone price their smartphones high without the other party changing their strategy.
Explanation:
a) Data and Calculations:
Pictech
High Low
High 8 8 3 10
Flashfone
Low 10 3 5 5
b) By acting at the Nash equilibrium and pricing their smartphones high, Pictech and Flashfone achieve a payoff of $8 million respectively. This payoff level does not put any of the two firms at a disadvantage.
I have a tought that is destination because it goes on so
Answer:
The correct answer is option a.
Explanation:
Unfavorable weather in the orange groves of California will adversely affect the production of oranges. This will cause a reduction in the supply of oranges. As a result, the price of oranges will decline.
Now, these oranges are used as input in making orange juice. The increase in input price will lead to an increase in the cost of production. This will further lead to a decrease in the supply of orange juice. Consequently, the equilibrium price of orange juice will increase.