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Full Sail University *
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Course
GDN3361
Subject
Economics
Date
Jun 4, 2024
Type
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Pages
1
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Related Questions
Firm 1
Silence
Disclosure
Silence
Firm 2
-200, -200
0, -590
Disclosure
-590, 0
-450, -450
fine (a hundred million won)
1. Where is the Nash Equilibrium? - find
out the dominant strategy
a. (Silence, Silence) = (-200, -200)
O b. (Silence, Disclosure) = (-590, 0)
c. (Disclosure, Silence) = (0, -590)
d. (Disclosure, Disclosure) = (-450,
-450)
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A5
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53. The annual demand for Prizdol, a prescription drugmanufactured and marketed by the NuFeel Company,is normally distributed with mean 50,000 and standarddeviation 12,000. Assume that demand during each ofthe next 10 years is an independent random numberfrom this distribution. NuFeel needs to determine howlarge a Prizdol plant to build to maximize its expectedprofit over the next 10 years. If the company builds aplant that can produce x units of Prizdol per year, it willcost $16 for each of these x units. NuFeel will produceonly the amount demanded each year, and each unit ofPrizdol produced will sell for $3.70. Each unit of Prizdol produced incurs a variable production cost of $0.20.It costs $0.40 per year to operate a unit of capacity.a. Among the capacity levels of 30,000, 35,000,40,000, 45,000, 50,000, 55,000, and 60,000 unitsper year, which level maximizes expected profit?Use simulation to answer this question.b. Using the capacity from your answer to part a,NuFeel can be 95%…
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Typed plz and asap thanks
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When playing roulette at a casino, a gambler is trying to decide whether to bet $10 on the number 30 or to bet $10 that the outcome is any one of the three possibilities 00, 0, or 1.
3
The gambler knows that the expected value of the $10 bet for a single number is - 53¢. For the $10 bet that the outcome is 00, 0, or 1, there is a probability of 38 of making a net
profit of $30 and a probability of losing $10.
35
38
a. Find the expected value for the $10 bet that the outcome is 00, 0, or 1.
b. Which bet is better: a $10 bet on the number 30 or a $10 bet that the outcome is any one of the numbers 00, 0, or 1? Why?
a. The expected value is $.
(Round to the nearest cent as needed.)
b. Since the expected value of the bet on the number 30 is
C
than the expected value for the bet that the outcome is 00, 0, or 1, the bet on
is better.
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pls help asap on both
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2
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Question 19
Not yet
answered
Marked out of
If a tank of petrol contains a certain amount of energy, what happens when we combust the
petrol in a shorter time period?
1.00
PFlag question
O a.
The energy is converted into power
O b.
Less energy is produced
OC.
More energy is produced
O d.
The energy remains the same
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Fast pls solve this question correctly in 5 min pls I will give u like for sure
Sini
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s ae o .co7 .0o 0.00m
1.000 2.000 .000 4.000 s.000 6.000 7 oos s.c00 s.c00.000
Oae 0e 3.000 4.000 s.000 .000 7 p00 .0000ce s0.000
1.000 2.000 3.000 4.000 6.000 6.000 7.000 8.000 9.000 10.000
(Figure: Market Supply Curve) The Accompanying graph contain individual supply curves for
the only two firms in a market. Which of the market supply curve is correct?
Graph D
O None of these options is correct.
O Graph C
O Graph B
O Graph A
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How many ways we can arrange the letters of word distribution
360 O
840 O
554400 O
604800 O
39916800 O
90720 O
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Which of these 4 descriptions is correct?
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7
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Typed plz and Asap thanks
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Checking my answers.
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r.edu/courses/97574/quizzes/357143/take
ch results - yaz...
Question 23
Consider the following probability distribution.
xi
0
M Question Mode: M...
1
2
3
O 2.5
0.9
O 1.9
P(X = xi)
O 1.5
0.1
The expected value is
0.2
0.4
0.3
Question 24
An analyst has constructed the following probability distribution for firm X's predicted return for
upcoming year.
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11:22 Fri 10 Dec
VPN O 79%
managebac-prod-china.s3.cn-north-1.amazonaws.com.cn A
have all axes and curves clearly labeled and must show directional changes. If the question prompts you to
"Calculate," you must show how you arrived at your final answer.
Tandy's Art is the only art studio and workshop in a small remote town, and Tandy’s Art is the only employer of artists in
the area. The graph below shows the market for artists with the marginal factor (resource) cost curve, the labor supply
curve, and the marginal revenue product curve.
Marginal
Factor Cost
Supply
28
22
20
16
10
Marginal
Revenue Product
4
12 18 24 32 36 40
Quantity of
Artists
48
60
80
16
(a) Identify the profit-maximizing number of artists that Tandy's Art will hire. Explain using the labeling on the graph.
(b) Identify the profit-maximizing wage rate that Tandy's Art will pay its artists. Explain using the labeling on the graph.
(c) If the wage rate is $10, state whether there will be a shortage or a surplus of…
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Q72
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Tech is playing State in the last conference game of theseason. Tech is trailing State 21 to 14 with 7 seconds left inthe game, when they score a touchdown. Still trailing 21 to20, Tech can either go for two points and win or go for onepoint to send the game into overtime. The conferencechampionship will be determined by the outcome of thisgame. If Tech wins they will go to the Sugar Bowl, with apayoff of $9.2 million; if they lose they will go to the GatorBowl, with a payoff of $1.5 million. If Tech goes for twopoints there is a .30% chance they will be successful andwin (and a .70% chance they will fail and lose). If they gofor one point there is a 0.98 probability of success and a tieand a 0.02 probability of failure. If they tie they will playovertime, in which Tech believes they have only a 20%chance of winning because of fatigue.a. Use decision-tree analysis to determine if Tech shouldgo for one point or two points.b. What would Tech’s probability of winning the game inovertime…
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7
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answer all three sub parts
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F2
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PLS HELP ASAP ON BOTH
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Typed plzzzzzx And Asap
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QUESTION 23
30
300
250
MC
TC
200
15
TVC
23. The vertical distance
150
AC
10
100
AVC
TFC
AFC
50
Q
0 +
0 2 4 6 8 10 12 14 16 1820
0246 8 10 12 14 16 18 20
between TC and TFC is:
O TVC
AVC
AFC
TFC
Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Sa
AUG
44
23
%24
25
20
5
%24
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Remaining Time: 44 minutes, 10 seconds.
Question Completion Status:
A Moving to another question will save this response.
Question 1
The total percentage of non-oil revenues for KSA in the year 2019 was:
O a. 33%
O b. 25%
O c. 67%
O d.44%
A Moving to another question will save this response.
ASUS ZenBo
F1
F2
F3
F4
F5
F6
F7
三
&
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Im confused on how to complete this
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Two individuals
market. Bonnie
make up the auto insurance
drives well, and the
probability of her having an accident is 10%
this year. Lisa also drives carefully, and her
probability of having an accident is 5%.
What is the probability that Bonnie and Lisa
will both have accidents this year?
O a. 0.005%
b. 0.75%
c. 0.5%
d. 0.15%
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Typed plzzz And Asap
Thanks
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D3)
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QUESTION 8
Manager C
Effort Level
Chance of
Cost of
effort
success
High Effort
0.9
100,000
Routine
Effort
0.5
60,000
What is the minimum bonus that will entice high effort?
O 1. 40,000
2. 260,000
3. 300,000
4. 400,000
5. 520,000
O 6. 60,000
O 7. 100,000
8.0
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19
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Strictly Note ->( Provide solution for the last two parts [d and e])
Don't use ai and answer properly with proper solution and explanantion of for steps. please help me out Asap
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Quantity of Quarks
800
A
700
B
600
500
400
300
200
100
2 4 6 8 10 12 14 16 18 20
Quantity of Enrons
If new technology increases the output of enrons by 50%, how many enrons could be
produced if 600 quarks were produced?
18 enrons
20 enrons
15 enrons
10 enrons
No enrons
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- Typed plz and asap thanksarrow_forwardWhen playing roulette at a casino, a gambler is trying to decide whether to bet $10 on the number 30 or to bet $10 that the outcome is any one of the three possibilities 00, 0, or 1. 3 The gambler knows that the expected value of the $10 bet for a single number is - 53¢. For the $10 bet that the outcome is 00, 0, or 1, there is a probability of 38 of making a net profit of $30 and a probability of losing $10. 35 38 a. Find the expected value for the $10 bet that the outcome is 00, 0, or 1. b. Which bet is better: a $10 bet on the number 30 or a $10 bet that the outcome is any one of the numbers 00, 0, or 1? Why? a. The expected value is $. (Round to the nearest cent as needed.) b. Since the expected value of the bet on the number 30 is C than the expected value for the bet that the outcome is 00, 0, or 1, the bet on is better.arrow_forwardpls help asap on botharrow_forward
- 2arrow_forwardQuestion 19 Not yet answered Marked out of If a tank of petrol contains a certain amount of energy, what happens when we combust the petrol in a shorter time period? 1.00 PFlag question O a. The energy is converted into power O b. Less energy is produced OC. More energy is produced O d. The energy remains the samearrow_forwardFast pls solve this question correctly in 5 min pls I will give u like for sure Siniarrow_forward
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